Industry News

1、 Supply and demand pattern
High dependence on imports
Türkiye's local light steel keel production capacity is insufficient and mainly depends on imports. Chinese brands occupy an important market share and are widely used in infrastructure and real estate projects. In January 2025, Türkiye will impose a temporary tariff of 12% on 23 categories of steel products such as hot rolled coils, which will directly increase import costs.
Local manufacturers have weak competitiveness
Small and medium-sized building material manufacturers have outdated technology (equipment update rate is only 32%), and the cost per ton of steel is about $50 higher than in China, making it difficult to meet the demand for high-end light steel keel. Some projects have turned to purchasing from Japan and South Korea or using scrap steel as a substitute.
2、 Price influencing factors
Transmission of tariffs and transportation costs
The export price of hot rolled coil in China (FOB) is 462 US dollars/ton (May 2025). After the imposition of 12% tariff, the import cost of Türkiye will increase additionally;
Land transportation premium plus tariffs, the terminal price is expected to increase by 15% -30%.
Low demand for real estate
In January 2025, the real house price in Türkiye fell 7.16% year on year, and the weak construction industry inhibited the growth of demand for light steel keel.
Linkage of scrap steel prices
The shortage of scrap steel resources has pushed up the recycling price (2510 yuan/ton), and some manufacturers have turned to replacing scrap steel, indirectly affecting the stability of light steel keel supply.
3、 Policies and Market Trends
Short term pressure: Tariff policies hinder the import of low-priced products from China, local supply tightens, and coupled with a sluggish real estate market, the market remains volatile at a high level in the short term
Long term transformation opportunities: if Türkiye promotes infrastructure modernization (such as the "2030 Plan"), the demand for light steel keel will increase, but it will rely on technology upgrading rather than trade protection
Certification barrier: Imports must comply with mandatory certifications such as TSE and G-Mark, which increases compliance costs