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

Tight supply, EVs & renewable energy development bolster copper market

  • Industry activities
  • 24 May 2024 17:24

German steel sales rise in Apr m-o-m, y-o-y

  • Industry activities
  • 24 May 2024 15:50

China's stimulus policies expected to bolster steel demand

  • Industry activities
  • 23 May 2024 11:56

Duferco Group to invest €95 million for Giammoro steel plant reconversion

  • Industry activities
  • 23 May 2024 11:54

Kametstal to conduct major overhaul of BOF

  • Industry activities
  • 23 May 2024 11:50

Metal Price Index

Learn more

LME Official Bid Price

  • Zinc
  • 3,005.00
  • 3,051.00
  • Aluminum
  • 2,550.00
  • 2,602.00
  • Copper
  • 10,290.00
  • 10,410.00
  • Nickel
  • 19,775.00
  • 20,070.00

Learn more

Coil Exchange Center

  • 2B Coil-Jun
  • 2,660
  • 2,520
  • NO1 Coil-Jun
  • 2,630
  • 2,490
  • 2B Coil-Jun
  • 2,660
  • 2,520
  • NO1 Coil-Jun
  • 2,630
  • 2,490

Learn more