Türkiye

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Türkiye reduced scrap imports by 20.2% y/y in January

Key suppliers of raw materials are the Netherlands and the UK

kardemir.com
Turkey’s Kardemir reduced sales by 4.4% y/y in 2024

Steel production in the period increased by 4.8% compared to 2023

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Turkey’s Tosyali Toyo shuts down rolling line after fire – Argus

Production on the affected line will be shut down for approximately 3 months

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Turkey increased steel exports by 23% y/y in January

Steel imports increased by 24.9% year-on-year in the period under review

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Turkey increased steel production by 7.5% m/m in January

Pig iron production for the month increased by 2.1% m/m

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Turkey reduced imports of pig iron from Ukraine by 6.3% y/y in 2024

Total deliveries amounted to 102.43 thousand tons

erdemir.com.tr
Investments of Turkish Erdemir exceeded $1 billion in 2024

Steel production volumes increased by 19% year-on-year in the year under review

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Turkey imported 1.1 million tons of iron ore from Ukraine in 2024

Total imports of iron ore to the country for 12 months amounted to 10.01 million tons

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Global scrap prices recovered by 1.5-2% since the beginning of the year

Turkish steel mills fear further price increases

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Turkey increased scrap imports by 6.7% y/y in 2024

Over the year, the country's steelmakers consumed 20.09 million tons of imported raw materials

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Turkey increased steel exports by 27.6% y/y in 2024

Steel imports last year increased by 1.7% y/y

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Turkey’s Tosyal aims to cover 50% of energy needs from renewable sources

The company plans to invest almost $1 billion in a solar energy project

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