China and Russia Propel Surge in Turkey’s Steel Imports Amidst Global Shifts

Turkey’s steel production witnessed significant growth in November, with a 9.9 percent year-on-year increase to 3.31 million metric tons, cementing its position as the world’s eighth largest steelmaking nation. Overall production in the first 11 months of the year also rose by two percent to 34.6 million metric tons. Notably, billet and slab production in November surged by 9.4 percent and 11.1 percent, reaching 2.08 million metric tons and 1.22 million metric tons, respectively. During the January-November period, Turkey produced 21.97 million metric tons of billet, marking a 5.1 percent increase, and 12.61 million metric tons of slab, down by…