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Türkiye - Latest news GMK Center

Photo – Turk Eximbank raises €1 billion loan to help exporters adapt to CBAM
Turk Eximbank raises €1 billion loan to help exporters adapt to CBAM

The loan under the Türkiye Green Export Project is granted for 10 years

Photo – Turkey increased steel exports by 49.4% y/y in January-April
Turkey increased steel exports by 49.4% y/y in January-April

The increase in the indicator was mainly due to the increase in the export of flat rolled products – by 84.4% y/y

Photo – Turkey’s Tosyali plans global expansion
Turkey’s Tosyali plans global expansion

The company intends to invest $1.5-2 billion per year in these goals

Photo – Turkey reduced steel production by 12.6% m/m in April
Turkey reduced steel production by 12.6% m/m in April

In one month, Turkish steelmakers produced 2.8 million tons of steel

Photo – Turkey imported over 460 thousand tons of iron ore from Ukraine in Q1
Turkey imported over 460 thousand tons of iron ore from Ukraine in Q1

The total import of iron ore by Turkish consumers in January-March amounted to 2.53 million tons

Photo – Turkey should join the green transformation – Fuat Tosyali
Turkey should join the green transformation – Fuat Tosyali

Currently, the steel sector of the country is implementing investments and green transition with the involvement of its own resources

Photo – Turkey increased steel production by 29% m/m in March
Turkey increased steel production by 29% m/m in March

In one month, Turkish steelmakers produced 3.2 million tons of steel

Photo – Ukraine regains leading position among iron ore exporters to Turkey
Ukraine regains leading position among iron ore exporters to Turkey

During January-February, Ukraine shipped 232,000 tons of heavy metals to Turkish consumers compared to 30,000 tons a year ago

Photo – Turkey imported 9.68 thousand tons of steel billets from Ukraine in February
Turkey imported 9.68 thousand tons of steel billets from Ukraine in February

In January-February 2024, this volume amounted to 30.68 thousand tons

Photo – Turkey imposes restrictions on steel exports to Israel
Turkey imposes restrictions on steel exports to Israel

In total, the restrictive measures will apply to the export of 54 categories of products

Photo – Turkey increased scrap imports by 32.5% y/y in February
Turkey increased scrap imports by 32.5% y/y in February

During January-February, import of raw materials increased by 34.6% y/y

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