At the “Dinner and Steel Dialogue” event organized by the Turkish European Business Association (TEBA) and the Middle East Business Association (MEBA), Jörg Feger, representative of the German Federal Steel Trading Association, stated that steel trade between Türkiye and the European Union represents a mutually indispensable economic partnership.
Feger noted that Türkiye’s annual steel exports to Europe stand at around 3.9 million tons, a higher volume compared to China, India, and other countries. He also stated that the European Union exports approximately 2 million tons of steel annually to Türkiye, adding that this corresponds to 13% of the EU’s total steel exports being directed to Türkiye.
He emphasized that the current trade volume reflects the mutual dependence of both sides; however, he pointed out that it has started to decline due to quotas and anti-dumping duties. Feger also stated that regulations under the Carbon Border Adjustment Mechanism (CBAM) have made the situation more complex, adding that the lack of clarity regarding tax liabilities for buyers this year and next has increased uncertainty around the mechanism.
Despite these challenges, Feger underlined the importance of further developing steel relations between Türkiye and the European Union, noting that bringing industry professionals together at such events supports civil initiatives and contributes to strengthening trade relations through the exchange of ideas.
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