6 December 2024: In October, Turkey’s steel imports surged by 39.8% compared to the same month last year, reaching 1.7MT amid firm local prices while overseas suppliers, mainly in Asia, continued lowering offers in response to weakening market conditions in the third quarter of 2024.
Read More15 November 2024: The extended stagnation period in the Chinese steel market forced producers to aggressively seek sales overseas, attracting buying interest in the Asian and MENA regions amid low prices.
Read More8 November 2024: Turkish steel suppliers maintained high export volumes in September compared to the previous year, benefiting from increased competitiveness in Europe and North America. Meanwhile, China continued to focus on the Asian and Middle Eastern markets due to slow local demand.
Read More25 October 2024: Global crude steel output fell by 4.7% in September compared to the same month in 2023, to 143.6 MT amid a prolonged downturn in the industry.
Read More18 October 2024: The situation in the steel market remained challenging, with the major global exporters aggressively expanding exports.
Read More19 September 2024: The global steel market continued stagnating ahead of the summer holiday period, but a substantial decrease in steel prices spurred demand for finished products in the major outlets.
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