Forecasts Tarih: 23 January 2017

Turkish steel industry started 2016 by struggling to survive under the problems accumulated since 2012. The fast recovery in steel prices during the first quarter of 2016, revived the expectations of the industry for the remaining part of the year. However, the realization of the positive expectations depend on eliminating surplus capacity and its negative effects in the world steel markets, preventing state aid to the steelmaking companies all over the world and dumped export sales to the world markets which pushes down the price levels. In order to get the desired results, Turkish economy administration need to take measures immediately against the dumped and low quality steel imports, as the other countries do like USA, EU, Canada, India. When external factors are not taken into consideration, it is clearly seen that Turkish domestic market is strong enough to support the growth of the Turkish steel industry.