Türkiye

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Turkey increased steel exports by 48.6% y/y in January-May

The import of s prteeloducts decreased by 12.1% y/y in 5 months

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Turkey increased steel production by 14.9% m/m in May

During the month, Turkish steelmakers produced 3.21 million tons of steel

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Turkey imported 618 thousand tons of iron ore from Ukraine in January-April

The total import of ZRS by Turkish consumers during the period amounted to 3.6 million tons

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Demand on the global long steel market is lower than supply – IREPAS

Market players expect China to slow its exports

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Turk Eximbank raises €1 billion loan to help exporters adapt to CBAM

The loan under the Türkiye Green Export Project is granted for 10 years

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Turkey increased steel exports by 49.4% y/y in January-April

The increase in the indicator was mainly due to the increase in the export of flat rolled products – by 84.4% y/y

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Global scrap prices mostly stabilized in May

The offer is kept at a high level

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Turkey’s Tosyali plans global expansion

The company intends to invest $1.5-2 billion per year in these goals

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Turkey reduced steel production by 12.6% m/m in April

In one month, Turkish steelmakers produced 2.8 million tons of steel

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