Uğur Dalbeler, Chairman of the Turkish Steel Exporters' Association (ÇİB), said the new safeguard measure could result in a loss of approximately 3.5 million tonnes in Türkiye's steel exports. He noted that quota volumes had been cut by half, adding that the sector could face an export revenue loss of around USD 3 billion.
Dalbeler emphasized that the industry should place greater focus on alternative markets to offset these losses. He also drew attention to the increase in steel imports into Türkiye, recalling that imports rose by 13.9% year on year to 32.9 million tonnes in 2025, and said additional measures should be introduced to protect the sector.
Profitability challenges may continue until 2028
Dalbeler also highlighted profitability concerns, noting that capacity utilization rates in the steel industry have fallen to around 55%. He said profitability is unlikely to recover in 2026 or 2027 under the current market conditions, and warned that the challenges could persist until 2028.
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