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Türkiye - Latest news GMK Center

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

Photo – Electricity and gas rates have increased in Turkey since April 4
Electricity and gas rates have increased in Turkey since April 4

For industrial consumers, gas prices rose by an average of 18.61%; for power plants, by 19.42%

Photo – Billet prices rose by $10–40 per ton in March in regional markets
Billet prices rose by $10–40 per ton in March in regional markets

The conflict in the Middle East has led to higher freight rates and prices, as well as a shortage of supply

Photo – ANNOUNCEMENT: Green Steel Summit 2026
ANNOUNCEMENT: Green Steel Summit 2026

The event will provide an overview of the latest news on regulations, trends, prices, and supply and demand for green steel

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