13,297.41 TRY BIST 100 BIST 100
47.41 USD USD USD
7.06 CNY CNY CNY
54.58 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
42.00 TRY Interest Interest
87.77 USD Fossil Oil Fossil Oil
6.51 USD Copper Copper
88.75 USD Silver Silver
95.35 USD Iron Ore Iron Ore
377.25 USD Shipbreaking Scrap Shipbreaking Scrap
6,089.00 TRY Gold (gr) Gold (gr)
95.00 USD Iron Ore 61% Fe Iron Ore 61% Fe

Tax on scrap exports from Ukraine to Türkiye to remain in place

Dmitry Kisilevsky, Deputy Chairman of Ukraine's Economic Development Committee, announced that the EUR 180/ton duty on scrap metal exports will remain in place after the Free Trade Agreement (FTA) with Türkiye is ratified.

Tax on scrap exports from Ukraine to Türkiye to remain in place

Kisilevsky emphasized in a statement that traditionally a large amount of scrap metal is exported from Ukraine to Türkiye, but the local metallurgical sector is experiencing difficulties in production due to the shortage of raw materials.

“Currently, the customs duty of EUR 180 applies to all countries outside the EU and will continue to apply to Türkiye even after the agreement is signed. The relevant provisions are annexed to the agreement,” he stated, adding that Türkiye is not protected from the customs duty of EUR 180 per ton.

The effects of the FTA were discussed

At a meeting held in the Ukrainian Parliament, the effects of the Free Trade Agreement (FTA) on the metallurgical sector were discussed. Speaking at the meeting, Deputy Minister of Economy Taras Kachka stated that the agreement includes provisions to maintain the scrap metal export tax and that this practice will continue.

With this decision, Turkish steel and iron and steel producers will continue to face high-cost imports in terms of raw material supply.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Tosyalı DRI II plant sets new production record among MIDREX® plants

Friday, July 31, 2026

India's steel production and consumption continue to grow in the first quarter of the fiscal year

Friday, July 31, 2026

UNESID: Incorrect product classification may create an approximately EUR 300/mt difference in CBAM liability

Friday, July 31, 2026

AISI: China's "no overcapacity" report does not reflect reality

Friday, July 31, 2026

Gong ceremony held at Borsa Istanbul for Kardemir Çelik

Friday, July 31, 2026
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now