Türkiye

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Arvedi Group plans to sell a Turkish asset to a local company

AST Turkey business was acquired from Thyssenkrupp in 2021

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Turkiye’s steel capacity utilization fell to 55% – TCUD

The degree of utilization of steel mills is affected by low demand for steel and weak margins

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Turkiye reduced pig iron import by 13.5% y/y in January-September

In this period, Ukrainian steelmakers exported 121.5 thousand tons of pig iron to Turkish consumers

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Turkiye increased steel output to the maximum since June 2022 in October

In January-October, Turkish steelmakers produced 27.45 million tons of steel

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Turkiye increased rebar exports by 9.3% m/m in September

In January-September, Turkish steelmakers reduced the export of rebar by 44.9% y/y

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Turkiye increased consumption of steel products by 30.3% y/y in September

During the month, steel exports decreased by 23.3% y/y, while imports increased by 10.9% y/y

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Türkiye plans to introduce a national emissions trading system in 2024

The system will be developed in line with the EU's CBAM

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Turkiye begins evaluation of safeguard measures on wire rod imports

The investigation will examine whether the increase in imports is hurting local producers

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Turkiye extended anti-dumping duties on thick-rolled steel from China

Current duty rates on these imports are 16.89-22.55%

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Turkiye reduced scrap imports by 22.3% y/y in September

In January-September, import deliveries of scrap to Turkish steelmakers decreased by 16.4%

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Turkiye has launched an anti-dumping investigation into a coil from four countries

The investigation will refer to the hot-rolled steel by numerical positions

isdemir.com.tr
Turkish Isdemir reduced steel production by 19% y/y in January-September

Shipments in the specified period decreased by 16% year-on-year

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