Türkiye

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Türkiye reduced steel imports by 2.7% y/y in January-August 2022

Product deliveries from Ukraine decreased by 75.5% y/y due to the blockade of Ukrainian ports

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Türkiye increased imports of scrap metal by 17.5% m/m in August 2022

In January-August 2022, the import of scrap metal decreased by 10.3% year-on-year

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Türkiye to refuse investments in new steel projects

Due to the increase in electricity tariffs, Turkish steelmakers are trying to maintain their existing production capacity

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