Türkiye - Latest news GMK Center

In January-August, scrap supplies increased by 4% y/y

In January-August, production increased by 14.8% y/y

By 2030, OYAK Group will invest $3.2 billion in transformation

The total import of iron ore to the country for 7 months amounted to 6.68 million tons

During 7 months, Ukrainian steelmakers shipped 94.95 thousand tons of relevant products to Turkish consumers

Imports of Chinese steel into the country continue to grow exponentially

During the period, domestic consumption of steel fell by 6.3% y/y, and exports increased by 45.3% y/y

Import volumes increased by 0.5% y/y

This decision will contribute to the achievement of the target of zero emissions, as well as accelerate investments

The total import of iron ore to the country for 6 months amounted to 5.42 million tons

During 6 months, Ukrainian steelmakers shipped 57.91 thousand tons of relevant products to Turkish consumers

The restrictions will apply to hot-rolled products produced in China, India, Japan and the Russian Federation