According to the Turkish Steel Producers Association (TCUD), in July this year, steel production in Turkey increased by seven percent year-on-year to 3.4 million tons, while in the first seven months, steel production in the country increased by 7.9 percent to 23.18 million tons. In the period from January to July, the production of billets in Turkey increased by one percent to 13.78 million tons, while the production of slabs increased by 19.9% to 9.39 million tons year-on-year.
During the specified period, the production of finished steel in Turkey increased by 5.6% year-on-year to 25.76 million tons, while consumption of finished steel increased by 4.7% year-on-year to 23.32 million tons
In July, steel exports from Turkey increased by 2.9% year-on-year to 1.16 million tons, while the value of these exports increased by 4.4% year-on-year to $827.32 million. In the first seven months of this year, the country's steel exports increased by 2.4 percent year-on-year to nine million tons, while its value increased by 1.6 percent to $6.08 billion. As for exported products, exports of flat rolled products and long products from Turkey in the first seven months amounted to 3.58 million tons and 4.76 million tons, respectively, which is 5.5% less and 2.8% more year-on-year, while exports of semi-finished steel products increased by 79.4% to 656 687 tons. tons.
Steel imports to Turkey in July decreased by 19.7% year-on-year to 1.46 million tons, while the value of these imports decreased by 17.6% to 1.06 billion dollars. From January to July, the country's steel imports decreased by three percent year-on-year to 10.74 million tons, while its value decreased by 4.9 percent to $7.4 billion. If we look at imported products, imports of flat and long products in the first seven months amounted to 5.05 million tons and 855,774 million tons, respectively, down 5.5% and 10.0% year-on-year, while imports of semi-finished steel products increased by 1.1% year-on-year to 4.83 million tons.
In the first seven months of this year, the ratio of steel exports to imports in Turkey increased to 82.18 percent from 76.93 percent recorded in the same period last year.
According to the TCUD statement, measures to allow consumption to be diverted to domestic supplies should be continued, given that the Turkish steel sector has only been able to use 64.2 percent of its production capacity of 61.9 million tons. TCUD stated that in light of all these developments, it is important to introduce measures in 2026 that will limit imports, especially from the Far Eastern countries and Russia, increase domestic consumption and accelerate the transition to high-value-added products.
Crude steel production in Turkey - July 2026
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