Türkiye - Latest news GMK Center

Pig iron production rose by 11.9% m/m

The share of Turkish products has grown significantly, mainly in the flat rolled segment

The total import of this product for the period increased by 59.2% year-on-year

On the new line large-size sections will be produced

At the same time, quotations for welded pipes in Turkey increased by $13/t over the same period

The key suppliers of raw materials are the US, the Netherlands, and the UK

Steel imports during this period grew by 12.6% y/y

Pig iron production fell by 5.9% m/m

Turkey’s steel production is currently among the most environmentally sustainable globally

The entire volume of products was delivered in May, while there were no imports in January-April

During this period, 240.36 thousand tons of Ukrainian iron ore were delivered to the Turkish market

The country's parliament recently passed a climate law