Regarding recent media reports about certain incentives to be implemented by the Turkish government for various domestic industries including iron and steel, mining, machinery and motor land vehicles to invigorate the economy and reduce the current account deficit and regional disparities, Turkey's Steel Exporters' Association (CIB) chairman Namik Ekinci has told SteelOrbis that the incentives in question are not focused on exports.
Mr. Ekinci stated that the incentive project is rather a study to increase the usability of raw material sources and support investments to be made to prevent waste, adding that the details have not been finalized yet and the studies are still in progress.
Ekinci: Turkish government’s incentive plan does not involve exports
Tags:
Alloys Scrap Iron Ore Coking Coal Raw Mat Turkey Middle East Non-EU Countries Mediterranean Trading Steelmaking Opinion
Marketplace Offers
Similar articles
US domestic ferrous scrap market could trend soft sideways again in September
20 Aug | Scrap & Raw Materials
Iron ore prices in China range-bound, but mood cautiously positive for next week
20 Aug | Scrap & Raw Materials
Carbon and stainless scrap prices in Taiwanese domestic market - week 34, 2026
20 Aug | Scrap & Raw Materials
Ex-Australia coking coal prices surge amid bullish mood, strong support from China
20 Aug | Scrap & Raw Materials