Turkish steelmakers are calling for the introduction of tariffs on imported steel

In this way, steel producers plan to prevent the increase in imports of dumped and low-quality products and to resume exports

Turkiye reduced scrap import by 23.3% y/y in June

In January-June, the total volume of imported supplies of raw materials to Turkish consumers decreased by 22.9% y/y

What to expect in the EU square billet market: the role of Ukraine and Turkiye

Ukraine provided 51% of European imports of square billets in January-April 2023

Türkiye reduced steel production by 16.3% y/y in the first half of 2023

In June, Turkish steelmakers reduced steel output by 1.5% y/y, but increased by 2% m/m

Turkiye’s Ozmert Algeria completes construction of DRI plant in Algeria

In November 2023, the company plans to put the facilities into operation and start test production

Turkish coated coil exports fell 50% y/y in January-May

The reduction in supplies was caused by the introduction of an anti-dumping duty by the European Union and low demand in global markets

Turkiye imported 227.5 thousand tons of iron ore from Ukraine in May

The supply of Ukrainian iron ore to Turkish consumers resumed for the first time since January 2023

Turkiye increased VAT on steel products to 20%

Such a decision added even more uncertainty to the steel market in the country

Turkiye increased slab imports to a record level in 2023 in May

During the month, Turkish steelmakers imported 480.7 thousand tons of slabs, which is 23.9 times more than y/y

Turkiye increased steel billet imports by 33% m/m in May

The largest part among exporters of billets to the country is occupied by Russian suppliers

Turkiye became the largest buyer of Chinese hot-rolled steel in May

In May, China exported a total of 1.77 million tons of HRC

Türkiye reduced scrap imports by 22.4% y/y in May

In January-May, the total volume of import deliveries to Turkish consumers decreased by 22.8% y/y

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