EU tightens curbs on Russia-linked steel trade Russia-linked steel trade faces tighter curbs Infrastructure demand boosts rebar consumption China expands steel derivatives market
Turkey’s steel export momentum cooled at the start of 2026, with January shipments falling 18.4% year over year to 911,800 tonnes. Export revenues also declined, down 21.2% to $600.1 million, reflecting softer volumes and pricing pressure in key product categories.
The downturn was led by finished steel: flat product exports slipped 15.5% to 315,900 tonnes, while long product exports fell 25.6% to 507,300 tonnes. One bright spot was semi-finished exports, which rose 44.9% to 88,550 tonnes, hinting at shifting demand patterns and trade flows.
Imports also contracted. Turkey’s steel imports dropped 26.1% year over year to 1.28 million tonnes, with import value down 26.5% to $879.4 million. As a result, the export-to-import ratio improved to 68.2% (from 63.6% a year earlier).On the domestic side, rolled steel consumption edged down 1.7% to 3.53 million tonnes, even as crude steel production increased 5.8% to 3.39 million tonnes—signaling stronger output despite softer demand.
Also Read : European countries raised applications for steel supplies to the US in Dec Veolia to acquire Hungarian gas power plant from Uniper
Oil prices rose for a second day, boosted by hopes of increased demand in the US, the world's larges...
US 22-Feb-2024
To protect the domestic steel industry, the Indian government has proposed a 25% safeguard duty on c...
Taxation 24-Feb-2025
Indian Metals & Ferro Alloys (IMFA) has signed definitive agreements to acquire Tata Steel&rsquo...
Construction 04-Nov-2025
The recent review of coal production from captive and commercial mines shows promising growth in the...
Press Releases 29-Feb-2024
Tata Steel’s Green Steel Push in UK Begins July 2025 Tata Steel will begin construction of it...
Construction 11-Jun-2025
India is in talks with African and Latin American countries to obtain critical mineral blocks on a g...
Notification 02-Jul-2024