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Photo – Average prices for pig iron in the Black Sea region rose by $8 per ton in April
Average prices for pig iron in the Black Sea region rose by $8 per ton in April

Prices for Brazilian cast iron rose amid steady demand from the U.S. and the EU

Photo – Turkey increased steel production by 6.4% y/y in March
Turkey increased steel production by 6.4% y/y in March

Imports of steel products rose by 38.2% over the month amid calls from the industry for the introduction of protective measures

Photo – Prices for billets rose by $10–15 per ton in regional markets in April
Prices for billets rose by $10–15 per ton in regional markets in April

The market stabilized following a sharp rise in prices in certain segments in March

Photo – Turkish company Tosyali will begin producing automotive steel in Algeria
Turkish company Tosyali will begin producing automotive steel in Algeria

This move is part of the company's ongoing $2.5 billion investment in the country

Photo – Prices on regional slab markets rose by $15–20 per ton in the first half of April
Prices on regional slab markets rose by $15–20 per ton in the first half of April

The market was under pressure due to a shortage of supply and high transportation rates

Photo – Prices for Turkish welded pipes rose by $60 per ton in March
Prices for Turkish welded pipes rose by $60 per ton in March

Prices for oil and gas OCTG pipes in the U.S. remained stable during the same period

Photo – Turkish steelmakers have an advantage in export markets thanks to semi-finished products from Russia
Turkish steelmakers have an advantage in export markets thanks to semi-finished products from Russia

Such purchases enable the country's steelmakers to reduce the cost of rolled steel

Photo – Prices for Brazilian pig iron rose by $25 per ton in March
Prices for Brazilian pig iron rose by $25 per ton in March

Due to the rainy season, the tight supply of cast iron in Brazil may persist until May

Photo – Turkey’s Kardemir has commissioned CCM No. 2 with an annual capacity of 1.2 million tons
Turkey’s Kardemir has commissioned CCM No. 2 with an annual capacity of 1.2 million tons

The investment is in line with the strategy to increase the share of high-value-added products

Photo – CBAM does not take into account the structure of steel production in Turkey – EDDMİB
CBAM does not take into account the structure of steel production in Turkey – EDDMİB

The industry association believes that the current approach undermines the competitiveness of the country's steelmakers

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