CONF: Challenges still ahead for Turkey’s steel market
Aug 29, 2019 12:00
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If the exterior environment remains the same next year, the steel market in Turkey – the world’s largest scrap importer – will probably remain roughly the same as in 2019, Ahmet Isik Kunt, raw material purchasing manager at Istanbul-headquartered steelmaker Çolakoğlu Metalurji A.Ş. told SteelMint’s 4th Steel Scrap, Billet, and DRI Trade Summit in Bangkok, Thailand.
"If there’s no change in the level
of protectionism against Turkish
steel, and if there is no change in domestic demand, then Turkey’s steel
market in 2020 will be similar to 2019,” he said at the conference Wednesday.
Turkey’s steel market has been seriously
challenged by export market protectionism since 2018, Kunt shared when