Türkiye - Latest news GMK Center

Scrap quotations on the Turkish market for the week of March 13-20, 2023, decreased by $5/t

The company contested the application of the 25% duty on top of existing anti-dumping duties

Scrap quotations on the Turkish market for the week of March 6-13, 2023, increased by $8/t, and since the beginning of the year – by $64/t

During the month, Turkish steelmakers imported 1.36 million tons of raw materials

5 million tons of steel will be needed to rebuild the regions affected by the earthquake

Ukrainian specialists helped Turkish colleagues restore the coke-chemical wing of the plant after the earthquake

This is the second consecutive decrease in the price of gas in the country in 2023. In February, gas for industry became cheaper by 13-17%

Producers of long rolled steel have stopped accepting orders for rebar from traders

Demand for scrap metal continues to rise following announcements by the Turkish government to rebuild cities after the earthquake

The new rates will come into effect on April 1, 2023

In one month, Turkish steelmakers produced 2.6 million tons of steel

Turkish steelmakers reduced their purchases of Ukrainian steel by 50.6% y/y