Turkiye increased steel production by 7.5% m/m in May

During the month, Turkish steelmakers produced 2.88 million tons of steel

Turkiye’s Tosyali to build solar power plants in Osmaniye

The generated electricity will be used to meet production needs

Turkiye has increased the fee for passage through the Bosphorus and Dardanelles by 8.3% since July

The cost of passage through the straits will increase to $4.42 per ton of cargo

Turkish steel producers call to limit the import of steel products

The volumes of steel imports to Turkiye for January-April 2003 increased by 11.9% y/y

Türkiye reduced scrap imports by 19.5% y/y in April

In January-April, the total volume of import deliveries of raw materials to Turkish consumers decreased by 23% y/y

Turkish Kocaer Celik resumes production at A2 plant

The pause in production was used to modernize the division and commission new equipment

Turkiye increased imports of pig iron from Ukraine by 13.7% y/y in March

In January-March 2023, Turkish steelmakers reduced the import of Ukrainian pig iron by 1.8% y/y

Turkiye reduced steel production by 1.3% m/m in April

During the month, Turkish steelmakers produced 2.68 million tons of steel

Turkiye’s Kocaer invests in geothermal energy to produce green steel

The company aims to increase its own electricity production from 15 million kWh per year to 60 million kWh

Turkish Yıldız invests more than $152 million in new steel facilities

The construction of the new enterprise is planned to be completed in three years

World scrap prices continue to fall

Activity in the Turkish and Chinese markets picked up as commodity prices reached operational levels

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