【SMM Steel】Turkey's steel sector eyes nearby markets, high-value goods

Published: Feb 25, 2026 14:12

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【SMM Steel】Turkey's steel exporters, facing global oversupply and rising protectionism, will prioritize nearby markets like the Balkans, Eastern Europe, and the EU. This leverages faster delivery and lower logistics costs. Despite a slow start due to CBAM, European demand is expected to recover in March-April. The sector also aims to boost high-value products like stainless and coated steel to move beyond price competition with low-cost producers.

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