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Türkiye - Latest news GMK Center

Photo – Prices on regional slab markets rose by $15–35 per ton in March
Prices on regional slab markets rose by $15–35 per ton in March

The market was under pressure due to rising demand and the war in the Persian Gulf

Photo – Turkey and the EU discussed the technical aspects of implementing the CBAM
Turkey and the EU discussed the technical aspects of implementing the CBAM

In particular, the parties discussed the recognition of emission verification procedures for Turkish exporters

Photo – Global pig iron prices rose by $5–20 per ton in the first half of March
Global pig iron prices rose by $5–20 per ton in the first half of March

The shortage of pig iron in Brazil is expected to continue through May

Photo – 2025 year in review: Ukraine’s market for coated and galvanized steel
2025 year in review: Ukraine’s market for coated and galvanized steel

The market situation for coated steel is better for domestic producers than in the galvanized steel segment

Photo – Quotations for welded pipes in Turkey rose by $18 per ton in February
Quotations for welded pipes in Turkey rose by $18 per ton in February

OCTG pipe prices in North America decline for the second consecutive month

Photo – The Made in Europe policy could strengthen the Turkish steel industry
The Made in Europe policy could strengthen the Turkish steel industry

Turkey is expected to be considered within the framework of the customs union as part of the EC's proposals

Photo – Prices for billets fell by $5–10 per tonne on regional markets in February
Prices for billets fell by $5–10 per tonne on regional markets in February

Ramadan and Chinese New Year celebrations slowed market activity last month

Photo – Turkey increased scrap imports by 15.4% y/y in January
Turkey increased scrap imports by 15.4% y/y in January

Compared to December 2025, this figure decreased by 1.2%

Photo – Turkey reduced steel exports by 18.4% y/y in January
Turkey reduced steel exports by 18.4% y/y in January

Steel imports fell by 26.1% y/y during the period

Photo – Turkish steelmakers to focus on nearby markets – ÇİB
Turkish steelmakers to focus on nearby markets – ÇİB

Another element of the growth strategy will be the transformation of the product range

Photo – Turkey’s Erdemir Group produced 8.1 million tons of steel in 2025
Turkey’s Erdemir Group produced 8.1 million tons of steel in 2025

Last year, the group exported 1.56 million tons of rolled steel

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