Türkiye - Latest news GMK Center

The key suppliers of raw materials are the Netherlands and the United States

Pig iron production fell by 11% y/y over the month

Imports in the period decreased by 9.1% year-on-year

Erdemir and Isdemir have completed two major investment projects

Steel shipments reached $374 million, and the industry aims to reach $1 billion by the end of the year

Pig iron production for the month increased by 16.9% m/m

Iron ore and semi-finished products account for the key volumes of supplies

In particular, the country chose to buy rebar and wire rod

Total imports by Turkish steelmakers increased by 52.4% y/y, mainly from Malaysia

EPDK and BOTAS reported an average 10-25% increase in energy prices

The key feature of the project is the conversion of the increased volume of blast furnace gas into electricity

The key suppliers of raw materials are the Netherlands and Belgium