Ukraine Faces Urgent Need to Protect Domestic Steel Market Amid Rising Turkish Imports

Ukraine Faces Urgent Need to Protect Domestic Steel Market Amid Rising Turkish Imports

Post Views: 248 Turkish Steel imports Rising Turkish Steel Imports Challenge Ukraine’s Domestic Market Ukraine’s steel industry faces a growing threat as Turkish imports surge. Since the full-scale invasion, Ukraine lost about 40% of its domestic steelmaking capacity. To fill this gap, imports increased sharply, with Turkey becoming the main supplier. In 2024, Turkish steel accounted for over half of Ukraine’s total steel imports, up from 17.8% in 2021. This share could surpass 60% by the end of 2025, creating concerns about market dominance. Turkish steel gained traction due to competitive pricing and convenient logistics. Vitaliy Pritula, CEO of Evrometal, states that Turkish hot-rolled sheets dominate Ukraine’s construction sector, filling 90% of demand. Other steel products like pipes, beams, and coated sheets also show strong import growth. These shifts challenge local producers, increasing pressure on Ukraine’s steel industry to protect its market.   Ukraine’s Tra...

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