Türkiye

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Turkey imported over 460 thousand tons of iron ore from Ukraine in Q1

The total import of iron ore by Turkish consumers in January-March amounted to 2.53 million tons

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Turkey should join the green transformation – Fuat Tosyali

Currently, the steel sector of the country is implementing investments and green transition with the involvement of its own resources

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Turkey increased steel production by 29% m/m in March

In one month, Turkish steelmakers produced 3.2 million tons of steel

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Ukraine regains leading position among iron ore exporters to Turkey

During January-February, Ukraine shipped 232,000 tons of heavy metals to Turkish consumers compared to 30,000 tons a year ago

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Turkey imported 9.68 thousand tons of steel billets from Ukraine in February

In January-February 2024, this volume amounted to 30.68 thousand tons

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Turkey imposes restrictions on steel exports to Israel

In total, the restrictive measures will apply to the export of 54 categories of products

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Turkey increased scrap imports by 32.5% y/y in February

During January-February, import of raw materials increased by 34.6% y/y

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Turkiye increased rebar exports by 45.6% y/y in February

The main export destinations were Romania, Israel and Yemen

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Türkiye cut steel production by 5% m/m in February

During the month, Turkish steelmakers produced 3.08 million tons of steel

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Türkiye’s steel industry needs EU-style subsidies and support – EIB

The industry should focus on investments in high-quality products and renewable energy sources

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Exporting countries have almost exhausted EU quotas for the first quarter for some items

Quotas on imports of long products by some countries have actually been selected despite weak consumption in the EU

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Turkiye’s Erdemir discovers 250 million tons of ore reserves in Bingöl province

Proven reserves will satisfy the company's raw material needs for 30-35 years

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