Türkiye - Latest news GMK Center

The company will develop requirements for the complex for the production of 4 million tons of steel products per year

The initiative aims to make shipping safer, in particular for ships transporting goods from Ukraine

The company intends to reduce carbon emissions by 25% by 2030

During November, deliveries of Ukrainian blanks to Turkish consumers increased by 28.5% y/y

In November, the country increased the import of this raw material by 17.1% compared to November 2022

The company is also preparing for the commissioning of a solar power plant

In January-November, Turkish steelmakers produced 30.05 million tons of steel

Steel imports to the country for 11 months of the current year amounted to 17.64 million tons, exports – 13.05 million tons

Turkish measures were recognized as contrary to the norms of the World Trade Organization

In general, the country reduced its import of pig iron during this period by 5.5% y/y

In January-October, import deliveries of scrap to Turkish steelmakers decreased by 47.9%

Preliminary measures can be introduced already in December-January