Expanding steelmaking capacities in Malaysia and Indonesia, spearheaded by Eastern Steel and Dexin Steel, are poised to transform the Turkish import market in the near future. Last year, China was the primary provider of flat products to Turkey, benefiting from increased volumes due to the conflict in Ukraine and elevated Chinese exports amidst subdued domestic demand. While China may remain a significant source for Turkish buyers, its market share could face challenges from emerging competitors. By the end of this year, Malaysia's Eastern Steel is set to launch a new flat steel mill with a capacity of 3.5 million tons per year. The company plans to export approximately 2.2 million tons per year of hot-rolled coil (HRC) to foreign markets, indicating a significant development in the region's steel industry