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Türkiye is the world's fourth largest steel importer

Yiğit Can Kurtkaya, Market Research Analyst at Turkish Steel Exporters, made a presentation at the 10th International Steel Industry and Production Technologies Conference, supported by the Turkish Steel Exporters' Association (TÇİB) and hosted by IMC Organisation.

Türkiye is the world's fourth largest steel importer

The conference, which was held at the Istanbul Marriott Pendik Hotel to keep the pulse of the steel industry, brought together the leading representatives of the steel industry and evaluated the latest developments in the global and local steel market.

Yiğit Can Kurtkaya, Market Research Analyst at Turkish Steel Exporters, discussed the issues that constitute the focus of the steel industry in the world and Turkey within the scope of the conference. In his presentation supported by graphs, he explained in detail the increases and decreases in Turkey's steel exports on product basis.

According to Kurtkaya, steel exports to the European Union increased by 90 per cent in January and February. However, despite this positive picture, they are still behind compared to 2021 and 2022, he said.

Stating that Turkey is the fourth largest steel importer, Kurtkaya said that 20.3 million tonnes of steel imports were imported in 2023, an increase of 12.5% compared to the previous year.

Kurtkaya emphasised the 16% contribution of the Turkish steel industry to the economy and stated that the conference shed light on the future of the industry.

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