09.02.2023, 09:28
Prospects for the growth of exports to Turkey of Russian steel are not obvious
Source: OREANDA-NEWS
OREANDA-NEWS Russian metallurgists are assessing the consequences of the earthquake in Turkey, which is currently experiencing problems with steel production due to the shutdown of a significant share of capacities in areas affected by the disaster. According to the interlocutors of Kommersant, Turkish metallurgists will be able to independently cover the needs for steel for restoration work, but at the same time they will have to increase purchases of raw materials for ferrous metallurgy.
Russian metallurgists do not expect a significant increase in demand for steel in Turkey in the near future and are cautiously assessing the possibility of increasing supplies in the long term, Kommersant's interlocutors in the industry say.
Due to the strong earthquake, Turkey is experiencing problems with metallurgical capacities: according to Platts, plants located in the affected part of the country account for at least 25% of steel production in Turkey.
Production is now stopped almost everywhere due to problems caused by damage to the gas pipeline and power grid infrastructure. In addition, the infrastructure of the largest Iskenderun port in the region was significantly damaged.
Turkey is the largest export market for Russian uncoated rolled products.
Russian metallurgists do not expect a significant increase in demand for steel in Turkey in the near future and are cautiously assessing the possibility of increasing supplies in the long term, Kommersant's interlocutors in the industry say.
Due to the strong earthquake, Turkey is experiencing problems with metallurgical capacities: according to Platts, plants located in the affected part of the country account for at least 25% of steel production in Turkey.
Production is now stopped almost everywhere due to problems caused by damage to the gas pipeline and power grid infrastructure. In addition, the infrastructure of the largest Iskenderun port in the region was significantly damaged.
Turkey is the largest export market for Russian uncoated rolled products.
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