Türkiye - Latest news GMK Center

AST Turkey business was acquired from Thyssenkrupp in 2021

The degree of utilization of steel mills is affected by low demand for steel and weak margins

In this period, Ukrainian steelmakers exported 121.5 thousand tons of pig iron to Turkish consumers

In January-October, Turkish steelmakers produced 27.45 million tons of steel

In January-September, Turkish steelmakers reduced the export of rebar by 44.9% y/y

During the month, steel exports decreased by 23.3% y/y, while imports increased by 10.9% y/y

The system will be developed in line with the EU's CBAM

The investigation will examine whether the increase in imports is hurting local producers

Current duty rates on these imports are 16.89-22.55%

In January-September, import deliveries of scrap to Turkish steelmakers decreased by 16.4%

The investigation will refer to the hot-rolled steel by numerical positions

Shipments in the specified period decreased by 16% year-on-year