Steel News

We strive to let you one step ahead of the market.

Turkish home appliance manufacturers express concerns over anti-dumping investigations

5 Nov 2024 15:20 reported by Louise Wang

A A A
The Turkish White Goods Manufacturers Association (TÜRKBESD) has expressed concerns over the potential impact of ongoing anti-dumping investigations on materials like stainless steel and sheet metal, which could lead to higher production costs and inflation.

Taxes on key materials, including stainless steel, sheet metal, and polystyrene (17-18% of production costs), could raise product prices by 5% and weaken international competitiveness.

This situation may reduce Turkish manufacturers' global market share and export capacity. In September, Turkey's domestic white goods market saw a 15% drop in sales, exports fell 34%, and overall production decreased by 37%. TÜRKBESD reported a 4% increase in domestic sales but a 6% drop in exports, resulting in a 3% decline in total sales for the first nine months of 2024.

Back to Steel News

Related News

Indonesian nickel pig iron output cuts push LME nickel above $18,800

  • Stainless Steel
  • 20 May 2026 16:44

NSC hikes stainless steel prices for May

  • Stainless Steel
  • 18 May 2026 11:38

US preliminary review finds dumping margins on India’s stainless steel bar

  • Stainless Steel
  • 15 May 2026 15:59

Rising imports challenge Taiwan's stainless steel pricing power

  • Stainless Steel
  • 15 May 2026 15:57

Indonesia Tsingshan’s price hikes lead to possible stainless steel rise in Taiwan

  • Stainless Steel
  • 14 May 2026 15:50

Metal Price Index

Learn more

LME Official Bid Price

  • Zinc
  • 3,515.00
  • 3,527.00
  • Aluminum
  • 3,664.00
  • 3,611.00
  • Copper
  • 13,409.00
  • 13,480.00
  • Nickel
  • 18,790.00
  • 18,990.00

Learn more