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Türkiye - Latest news GMK Center

Photo – Reference prices for Brazilian slab rose by $30 per ton in January
Reference prices for Brazilian slab rose by $30 per ton in January

Slab prices rose on the European market due to the inclusion of CBAM payment costs

Photo – Turkish steelmakers expect steel production in the country to grow by 7% in 2026
Turkish steelmakers expect steel production in the country to grow by 7% in 2026

New EU quotas and agreement with India will increase pressure on Turkish exports

Photo – Steel exports from Turkey grew by 12.5% y/y in 2025
Steel exports from Turkey grew by 12.5% y/y in 2025

Imports hit an all-time high, while pressure from cheap steel from Russia and China intensifies

Photo – Turkey increased steel production by 3.3% y/y in 2025
Turkey increased steel production by 3.3% y/y in 2025

Pig iron production decreased by 4.6% y/y

Photo – The EU should abolish steel quotas for countries with environmentally sustainable production – Fuat Tosyalı
The EU should abolish steel quotas for countries with environmentally sustainable production – Fuat Tosyalı

In this way, the bloc will ensure the stability of its own processing sectors and promote the green transition

Photo – The global economy and economies’ of Ukrainian major partners in 2026
The global economy and economies’ of Ukrainian major partners in 2026

In the context of external challenges for Ukraine, internal factors are becoming critically important

Photo – Turkey increased steel production by 10% y/y in November
Turkey increased steel production by 10% y/y in November

Pig iron production increased by 6.7% year-on-year in one month

Photo – Tosyali expects to produce over 13 million tons of steel in 2025
Tosyali expects to produce over 13 million tons of steel in 2025

The company expects its total turnover to grow to $9 billion by the end of the year

Photo – Turkey more than doubled its imports of pig iron from Russia in January-October
Turkey more than doubled its imports of pig iron from Russia in January-October

Russian pig iron accounts for over 77% of Turkey's import market

Photo – Ukraine remains among the top five suppliers of agricultural products to Turkey
Ukraine remains among the top five suppliers of agricultural products to Turkey

Ukrainian ore supplies have fallen by more than half, but the country remains among key partners

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