Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingThe Turkish market for slabs, billets and blooms of iron and steel totaled $X in 2024, stabilizing at the previous year. Overall, the total consumption indicated slight growth from 2012 to 2024: its value increased at an average annual rate of X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption decreased by X% against 2022 indices. Consumption of peaked at $X in 2022; however, from 2023 to 2024, consumption stood at a somewhat lower figure.
In value terms, production of slabs, billets and blooms of iron and steel declined remarkably to $X in 2024 estimated in export price. Overall, production saw a noticeable descent. The growth pace was the most rapid in 2021 when the production volume increased by X% against the previous year. Over the period under review, production of attained the peak level at $X in 2016; however, from 2017 to 2024, production remained at a lower figure.
In 2024, shipments abroad of slabs, billets and blooms of iron and steel decreased by X% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, exports continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, the exports of hit record highs at X tons in 2012; however, from 2013 to 2024, the exports stood at a somewhat lower figure.
In value terms, exports of slabs, billets and blooms of iron and steel declined significantly to $X in 2024. Overall, exports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2024, the exports stood at a somewhat lower figure.
Romania (X tons), Germany (X tons) and India (X tons) were the main destinations of exports of slabs, billets and blooms of iron and steel from Turkey, with a combined X% share of total exports.
From 2012 to 2024, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by India (with a CAGR of X%), while the other leaders experienced more modest paces of growth.
In value terms, Germany ($X), Romania ($X) and Italy ($X) were the largest markets for slabs, billets and blooms of iron and steel exported from Turkey worldwide, with a combined X% share of total exports. Belgium, the UK, India, Serbia, Singapore, Iran, Egypt, Saudi Arabia, Peru and the Dominican Republic lagged somewhat behind, together accounting for a further X%.
India, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.
In 2024, the average export price for slabs, billets and blooms of iron and steel amounted to $X per ton, with a decrease of X% against the previous year. Overall, the export price, however, saw a strong increase. The pace of growth appeared the most rapid in 2023 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton, and then reduced notably in the following year.
There were significant differences in the average prices for the major overseas markets. In 2024, amid the top suppliers, the country with the highest price was Saudi Arabia ($X per ton), while the average price for exports to Romania ($X per ton) was amongst the lowest.
From 2012 to 2024, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (X%), while the prices for the other major destinations experienced more modest paces of growth.
For the third consecutive year, Turkey recorded growth in purchases abroad of slabs, billets and blooms of iron and steel, which increased by X% to X tons in 2024. Overall, imports posted a prominent expansion. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, imports of hit record highs in 2024 and are expected to retain growth in the near future.
In value terms, imports of slabs, billets and blooms of iron and steel soared to $X in 2024. In general, imports posted a prominent expansion. The most prominent rate of growth was recorded in 2020 with an increase of X%. Imports peaked in 2024 and are expected to retain growth in the near future.
Russia (X tons), Malaysia (X tons) and Indonesia (X tons) were the main suppliers of imports of slabs, billets and blooms of iron and steel to Turkey, together comprising X% of total imports.
From 2012 to 2024, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Malaysia (with a CAGR of X.8%), while imports for the other leaders experienced more modest paces of growth.
In value terms, Russia ($X), Malaysia ($X) and Indonesia ($X) appeared to be the largest slabs, billets and blooms of iron and steel suppliers to Turkey, with a combined X% share of total imports.
In terms of the main suppliers, Malaysia, with a CAGR of X.3%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
In 2024, the average import price for slabs, billets and blooms of iron and steel amounted to $X per ton, waning by X% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2022 to 2024, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per ton), while the price for Algeria ($X per ton) was amongst the lowest.
From 2012 to 2024, the most notable rate of growth in terms of prices was attained by the UK (X%), while the prices for the other major suppliers experienced more modest paces of growth.
This report provides a comprehensive view of the slabs, billets and blooms of iron and steel industry in Turkey, tracking demand, supply, and trade flows across the national value chain. It explains how demand across key channels and end-use segments shapes consumption patterns, while also mapping the role of input availability, production efficiency, and regulatory standards on supply.
Beyond headline metrics, the study benchmarks prices, margins, and trade routes so you can see where value is created and how it moves between domestic suppliers and international partners. The analysis is designed to support strategic planning, market entry, portfolio prioritization, and risk management in the slabs, billets and blooms of iron and steel landscape in Turkey.
The report combines market sizing with trade intelligence and price analytics for Turkey. It covers both historical performance and the forward outlook to 2035, allowing you to compare cycles, structural shifts, and policy impacts.
This report provides a consistent view of market size, trade balance, prices, and per-capita indicators for Turkey. The profile highlights demand structure and trade position, enabling benchmarking against regional and global peers.
The analysis is built on a multi-source framework that combines official statistics, trade records, company disclosures, and expert validation. Data are standardized, reconciled, and cross-checked to ensure consistency across time series.
All data are normalized to a common product definition and mapped to a consistent set of codes. This ensures that comparisons across time are aligned and actionable.
The forecast horizon extends to 2035 and is based on a structured model that links slabs, billets and blooms of iron and steel demand and supply to macroeconomic indicators, trade patterns, and sector-specific drivers. The model captures both cyclical and structural factors and reflects known policy and technology shifts in Turkey.
Each projection is built from national historical patterns and the broader regional context, allowing the report to show where growth is concentrated and where risks are elevated.
Prices are analyzed in detail, including export and import unit values, regional spreads, and changes in trade costs. The report highlights how seasonality, freight rates, exchange rates, and supply disruptions influence pricing and margins.
Key producers, exporters, and distributors are profiled with a focus on their operational scale, geographic footprint, product mix, and market positioning. This helps identify competitive pressure points, partnership opportunities, and routes to differentiation.
This report is designed for manufacturers, distributors, importers, wholesalers, investors, and advisors who need a clear, data-driven picture of slabs, billets and blooms of iron and steel dynamics in Turkey.
The market size aggregates consumption and trade data, presented in both value and volume terms.
The projections combine historical trends with macroeconomic indicators, trade dynamics, and sector-specific drivers.
Yes, it includes export and import unit values, regional spreads, and a pricing outlook to 2035.
The report benchmarks market size, trade balance, prices, and per-capita indicators for Turkey.
Yes, it highlights demand hotspots, trade routes, pricing trends, and competitive context.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Export
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
The EU's Made in Europe policy is expected to solidify Turkey's role as a key supplier in European automotive and steel supply chains, leveraging its customs union status, production capacity, and EU-compatible infrastructure.
Analysis of Erdemir Group's 2025 steel production results, highlighting plant-specific output, total sales, exports, and the company's green investment strategy for modernization and carbon neutrality.
Tosyali Holding's chairman advocates for the EU to remove steel quotas for environmentally sustainable producers, highlighting Turkey's green steel investments and the global market imbalance driven by China.
In September 2025, Turkey's steel production fell 6% month-on-month to 3.19 million tons, though showing 3.2% annual growth, with mixed prospects for 2025.
Kardemir announces a 43% emissions cut by 2037 and a net-zero target for 2053, backed by major environmental investments and a feasibility study for 200 MW of solar and wind power capacity.
The Turkish steel industry is leading the way in sustainable production by adopting Electric Arc Furnace technology, significantly reducing emissions and aiming for carbon neutrality by 2053.
Verified reviewers highlight faster qualification, clearer collaboration, and stronger bid readiness.
High Performer
Regional Grid
High Performer Small-Business
Grid Report
Leader Small-Business
Grid Report
High Performer Mid-Market
Grid Report
Leader
Grid Report
Users Love Us
Milestone badge
Cristian Spataru
Commercial Manager · XTRATECRO
Great for Market Insights and Analysis
“IndexBox is a solid source for trade and industrial market data — what I like best about it is how it aggregates official statistics.”
Review collected and hosted on G2.com.
Juan Pablo Cabrera
Gerente de Innovación · Cartocor
Extremely gratifying
“Access very specific and broad information of any type of market.”
Review collected and hosted on G2.com.
Dilan Salam
GMP; ISO Compliance Supervisor · PiONEER Co. for Pharmaceutical Industries
Powerful data at a fair price
“I have got a lot of benefit from IndexBox, too many data available, and easy to use software at a very good price.”
Review collected and hosted on G2.com.
Counselor Hasan AlKhoori
Founder and CEO · Independent
All the data required
“All the data required for building your full analytics infrastructure.”
Review collected and hosted on G2.com.
Ashenafi Behailu
General Manager · Ashenafi Behailu General Contractor
Detailed, well-organized data
“The data organization and level of detail which it is presented in is very helpful.”
Review collected and hosted on G2.com.
Iman Aref
Senior Export Manager · Padideh Shimi Gharn
Up to date and precise info
“Up to date and precise info, for fulfilling the validity and reliability of the given research.”
Review collected and hosted on G2.com.
Companies list is being prepared. Please check back soon.
Charts mirror the report figures on the platform. Values are synthetic for demo use.
| Top consuming countries | Share, % |
|---|
| Segment | Growth, % |
|---|
| Segment | Kg per capita |
|---|
| Top producing countries | Share, % |
|---|
| Top export price | USD per ton |
|---|
| Top import price | USD per ton |
|---|
| Top importing countries | Share, % |
|---|
| Top import price | USD per ton |
|---|
| Top exporting countries | Share, % |
|---|
| Top export price | USD per ton |
|---|
| Segment | Growth, % |
|---|
| Segment | Growth, % |
|---|
| Product | Rationale |
|---|
Real macro, logistics, and energy indicators are pulled from the IndexBox platform and rendered on demand.
249
This report provides an in-depth analysis of the market for slabs, billets and blooms of iron and steel in China.
239
This report provides an in-depth analysis of the global market for slabs, billets and blooms of iron and steel.
239
This report provides an in-depth analysis of the market for slabs, billets and blooms of iron and steel in Asia.
226
This report provides an in-depth analysis of the market for slabs, billets and blooms of iron and steel in the U.S..
201
This report provides an in-depth analysis of the market for slabs, billets and blooms of iron and steel in the EU.
8901
This report provides an in-depth analysis of the lithium carbonate market in Nigeria.
6648
This report provides an in-depth analysis of the sugar market in Egypt.
6424
This report provides an in-depth analysis of the sugar market in Bangladesh.
6223
Comprehensive analysis of the World’s Dolomite market: product scope and segmentation, supply & value chain, demand by segment, HS 2518/2529/3816 framework, and forecast.
Instant access. No credit card needed.
Instant access. No credit card needed.
