Steel News

We strive to let you one step ahead of the market.

Turkish steelmakers appeal limitation for steel imports

2 Jun 2023 16:03 reported by Iona Chen

A A A
The Turkish Steel Producers Association (TCUD) reiterated that the government should adopt various measures to improve competition in the domestic steel industry.

The TCUD explained that the priority should be to limit the import of materials within the scope of the processing system, as well as specific products with sufficient domestic capacity.

From January to April, the import volume of Turkey's steel increased by 11.9% to 5.9 million tons, particularly the import volume climbed by 30.4% to 1.7 billion tons in April.

Support for energy-intensive industries provided by the EU, interest rate stress, continued safeguard measures, and falling demand in the global market all caused a drop in Turkish steel exports.

Back to Steel News

Related News

UK’s CBM concerned about impact of new EU sanctions on Russia

  • Industry activities
  • 28 Sep 2023 17:12

US’ civil and infrastructure construction projects backlogs to keep flat or increase as federal infrastructure funding implementation

  • Industry activities
  • 28 Sep 2023 17:01

Gerdau to cut steel production in US due to strike of automobile workers

  • Industry activities
  • 28 Sep 2023 16:23

ALACERO worries about EU's new carbon tariff that will begin gradually from 2026

  • Industry activities
  • 28 Sep 2023 16:19

Brazilian steel industry seeks import protection measures

  • Industry activities
  • 28 Sep 2023 15:27

Metal Price Index

Learn more

LME Official Bid Price

  • Zinc
  • 2,559.00
  • 2,578.50
  • Aluminum
  • 2,231.50
  • 2,263.00
  • Copper
  • 8,111.50
  • 8,168.00
  • Nickel
  • 18,600.00
  • 18,850.00

Learn more

Coil Exchange Center

  • 2B Coil-Nov
  • 2,710
  • 2,570
  • NO1 Coil-Nov
  • 2,680
  • 2,540
  • 2B Coil-Nov
  • 2,710
  • 2,570
  • NO1 Coil-Nov
  • 2,680
  • 2,540

Learn more