Türkiye - Latest news GMK Center

In January-September, scrap supplies increased by 6.3% y/y

The total billet import by Turkish consumers during the period decreased by 16% y/y

Export of steel products increased by 31.6% y/y for 9 months, while import fell by 12.5% ​​y/y

The main export destinations were Palestine, Yemen, and Albania

Production of flat rolled products in January-September amounted to 5.2 million tons

In January-September, production increased by 13.8% y/y

The tests will be conducted in cooperation with Erdemir Engineering and the Irish Linde

Recently, the Turkish government imposed duties on imports of hot-rolled coils from Russia, China, India and Japan

Tariffs at the level of 6-43% of the CIF value will be applied to products originating in China, the Russian Federation, India and Japan

The export of this raw material from the EU in January-June amounted to 7.36 million tons

The total import of billets by Turkish consumers during the period decreased by 24.6% y/y

Since 2021, Turkish steel products in total Ukrainian rolled steel imports has increased from 19% to 53%.