Turkey’s steel exports revenue rose by 10.6% year-on-year to $8 billion in the first half of 2024, driven by increased demand from the European Union. This growth is attributed to investments made by Turkish mills to comply with the EU’s Green Deal.

Significant increases in exports were noted to Italy, Romania, Spain, Greece, and the UK. Despite global challenges, Turkish steel producers continue to invest in enhancing their global competitiveness and sustainability.