en.Wedoany.com Reported - The Turkish Steel Exporters' Association stated that the EU's newly implemented steel import regime could result in annual export losses of approximately 3.5 million tons for the country. The regime, effective July 1, reduces the EU's duty-free steel import quotas by about 47% and raises out-of-quota tariffs to 50%.

Association Chairman Uğur Dalbeler, while evaluating the new regime, noted that the quota volume has been cut by nearly half, which is expected to cause an annual loss of around $3 billion in export revenue. Dalbeler emphasized that the Turkish steel industry needs to expand into markets beyond Europe to compensate for the anticipated losses and should prioritize increasing commercial activities in alternative markets. He also mentioned that Turkey's steel imports increased by 13.9% year-on-year to 32.9 million tons in 2025, calling for measures to protect the competitiveness of the steel industry in the domestic market.

Financial market expert Iris Cibre also commented on the impact of the new quota regime. Cibre stated that despite the quota system, Turkey's steel exports to the EU reached 7.5 million tons in 2018, while export volume in 2025 was 6 million tons, valued at $4.26 billion. She believes that stricter import restrictions could lead to annual steel export losses of approximately €2 billion.