CBAM rules tighten pressure on Turkish steel exporters Sensex rises as rupee recovery lifts market mood Nippon Steel profit crashes 95% in fiscal year Steel prices retreat as seasonal slowdown nears
Türkiye’s steel industry is entering a decisive phase as the European Union’s Carbon Border Adjustment Mechanism and emerging green steel standards place fresh pressure on producers to cut emissions and prove sustainability with verified data.
At a recent industry session under the “Decarbonization of the Turkish Steel Industry” project, experts highlighted that the shift is no longer limited to crude steel producers. Energy, logistics, finance, public policy, procurement and steel-consuming sectors must all move together to support a cleaner steel value chain.
CBAM is expected to change how Turkish steel exporters compete in the EU market. Companies will now be judged by verified emissions data, while electric arc furnace-based mills may also face scrutiny due to indirect emissions from electricity use. Industry voices warned that financing remains a major challenge, as mills balance energy efficiency, renewable energy and material efficiency investments.The discussion also underlined uncertainty around EU green steel classifications, public procurement rules and future low-emission steel demand. For Türkiye, the message is clear: green transition is no longer optional but essential for protecting export strength and long-term competitiveness.
Also Read : Kazakhstan prolongs ban on scrap exports to bolster domestic steel industry Zamil Structural Steel Signs Contract with Elegancia Steel for Algeria Project
Iron ore prices in 2024 will range between $99-100 per tonne. In the second quarter and fourth quart...
Ferrous 08-Apr-2024
China removed an unofficial restriction on Australian imports and last month, it imported 10,104 met...
Non-Ferrous 20-Jan-2024
Finance Minister Nirmala Sitharaman on Thursday hiked capital expenditure by 11% for the next fiscal...
Taxation 01-Feb-2024
The Reserve Bank of India on Thursday decided to keep the policy rate unchanged for the sixth time i...
Taxation 08-Feb-2024
The Argentina government has announced the abolition of export duties on steel and aluminum products...
Business 10-Oct-2025
A new ₹2,345-crore steel plant near Koppal, announced by Karnataka’s Industries Minister M B P...
India 20-Sep-2025