Türkiye

The special steel producer expects to expand its export activities in Europe

TCUD believes that the steel sector industry needs competitive energy prices

Deliveries of scrap to Turkish steelmakers increased for the first time in the last three months

Since April of this year, local metallurgists have been gradually increasing the export of rebar

This led to a sharp appreciation of the lira against other currencies, and domestic steel trading stopped

Turkish metallurgists produced 2.89 million tons of steel in a month

In June, Turkish metallurgists consumed 72,700 tons of Ukrainian-made ferrous metals

China, Türkiye, South Korea and India have become the beneficiaries of sanctions against Russian long products

The global indicator was influenced by Turkiye, whose scrap imports fell by 22% in January-June 2023

Experts note that competition will increase for countries that are slowly preparing for the implementation of the mechanism

In this way, steel producers plan to prevent the increase in imports of dumped and low-quality products and to resume exports

In January-June, the total volume of imported supplies of raw materials to Turkish consumers decreased by 22.9% y/y