Insight
Türkiye's Strategic Role in the Evolving Global Stainless Steel Landscape
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Report summary
The global stainless steel market is undergoing a major shift, with Türkiye emerging as a strategic gateway for Asian producers entering Europe. European manufacturers have faced over a decade of challenges, including weak demand and a surge of low-cost imports from Asia. Despite EU measures like anti-dumping duties, Asian suppliers continue to penetrate the market through sophisticated trade routes, notably via Türkiye. This “Türkiye Loophole” significantly affects both Turkish stainless steel producers and the competitive dynamics across Europe, reshaping the market landscape in ways that demand close scrutiny.
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