Salda Metal Export and Import Manager Mr. Fatih Caliskan stated that "Malaysian billet and diameter prices in Southeast Asia have reached the most competitive level by providing a significant decrease," and stated that Malaysian steels will be seen more in the market.
Effects of Covid 19 on the steel industry
The effects of the COVID-19 pandemic became visible in 2020. The disease, which has spread worldwide as of April 2020, in the production sector; This has caused problems such as slowdown or stoppage of production, decrease in production quality, deterioration of supply chains and decrease in demand for manufactured goods.
Effects of EU - USA Steel Tax Agreement on Turkish Steel Industry
Recently, the EU and the USA held a joint press conference at the G20 Leaders' Summit in Rome. He stated that the EU and the USA have agreed on aluminum and steel customs duties, and that the parties have started a new transatlantic cooperation period.