Türkiye

In the week of December 12-19, 2022, scrap quotations in Turkiye increased by $5/t – to $382-388/t

In January-October 2022, the import of Ukrainian iron ore by Turkiye decreased by 39.1%

In January-October 2022, deliveries of Ukrainian pig iron to Turkish steelmakers decreased by 43.9% year-on-year

The company's investment in the new service center will amount to $7-8 million

Exporters from India, Turkiye and the Russian Federation are more active in the MENA market

In the week of December 5-12, 2022, scrap quotations in Turkiye remained at $383/t

Toscelik Niksic produces non-alloy steel, roller-bearing steel, tool steel, and heat-resistant steel

Currently, the country is conducting an investigation into the countries of the Far East

In January-October 2022, the import of scrap metal decreased by 10.4% year-on-year

European producers are trying to push the market, and export prices have increased in Turkiye

Steel production fell by 10.1% year-on-year in 10 months

The abolition of the export duty on steel in India may increase the import of cheaper products to the domestic market of Turkiye