Türkiye

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Turkey increased steel production by 9.4% y/y in 2024

Pig iron production increased by 17.2% year-on-year

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Turkey’s Tosyalı expands investments in Europe and Africa

The company is negotiating another major acquisition in Europe

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Turkey imported 1.1 million tons of iron ore from Ukraine in January-November

Total imports of iron ore to the country for 11 months amounted to 9.08 million tons

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Turkey exhausts part of its steel import quotas to the EU for Q1

The country, in particular, chose its quotas for wire rod

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Turkey has established mechanisms to support exporters to comply with CBAM

In particular, the country helps exporters reduce their carbon footprint and improve energy efficiency

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Turkey produced 3 million tons of steel in November

In January-November, the company's production increased by 11.2% y/y

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Deliveries of Ukrainian billets to Turkey increased by 3.1 times y/y over 10 months

Total imports of billets by Turkish consumers grew by 5.3% y/y over the period

c.toscelik.com.tr
Tosyalı increases global production capacity to 15 million tons of steel per year

In Turkey, annual steel production at the company's facilities is estimated at 8 million tons

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Turkey is preparing to launch the pilot phase of ETS in 2025

The first stage of implementation is planned for 2027-2034

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Turkey’s steel industry plans to increase utilization to 70% in 2025

Amid job cuts in Germany, Turkey remains optimistic about steel industry development

yeniufuk.com.tr
Erdemir to invest $1.1 billion in environmental transformation of production in 2024

Turkish steel producer plans to reduce carbon emissions by 25% by 2030 and reach zero emissions – by 2050

reuters.com
Steel consumption in Turkey decreased by 1.8% y/y in January-October

Exports of steel products grew by 30.7% y/y over 10 months, while imports fell by 7.2% y/н

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