Türkiye - Latest news GMK Center

In the week of December 5-12, 2022, scrap quotations in Turkiye remained at $383/t

Toscelik Niksic produces non-alloy steel, roller-bearing steel, tool steel, and heat-resistant steel

Currently, the country is conducting an investigation into the countries of the Far East

In January-October 2022, the import of scrap metal decreased by 10.4% year-on-year

European producers are trying to push the market, and export prices have increased in Turkiye

Steel production fell by 10.1% year-on-year in 10 months

The abolition of the export duty on steel in India may increase the import of cheaper products to the domestic market of Turkiye

The share of energy costs in the steel industry increased from 7% to 27%

In January-September 2022, the import of Ukrainian iron ore by Turkiye decreased by 37.05%

The investigation was initiated by the Spanish rolling company Laminados Losal

It is planned that the facility will start operating in the third quarter of 2023

Before the increase in the cost of electricity and gas, the share of energy resources from the total costs of steel production was 7-8%