Turkey"s steel market is a significant player in the global metals industry, with the country consistently ranking among the top steel producers worldwide. In recent years, Turkey"s steel trade has been characterized by both robust production and fluctuating trade volumes, influenced by global demand and domestic economic policies. The latest data indicates that Turkey"s steel exports have witnessed a moderate increase, with the trade volume rising by approximately 5% year-over-year. This growth can be attributed to increased infrastructure projects both domestically and in neighboring regions, which have driven demand for construction-grade steel. However, the export prices of steel have shown volatility, primarily due to fluctuating input costs and international market pressures. In 2023, the average export price of Turkish steel remained competitive on the global market, albeit with slight increases noted in Q2 and Q3, driven by rising raw material costs and transportation expenses. Conversely, import prices for steel into Turkey have remained relatively stable, with only minor adjustments reflecting global price shifts and economic policies aimed at protecting local production. The Turkish government has been proactive in supporting the steel sector, implementing measures to enhance production efficiency and competitiveness.

This includes incentives for technology upgrades and sustainable practices, which are expected to keep Turkey"s steel market resilient against international competition. Aritral, an AI-driven B2B platform, is playing a crucial role in simplifying international trade within the metals sector, including Turkey"s steel market. By offering services such as Product Listing, Direct Communication, and AI-Powered Marketing, Aritral helps companies navigate the complex global marketplace, enhancing their visibility and sales opportunities. "