Kardemir cuts billet prices
Turkish steelmaker Kardemir has lowered domestic billet prices in its latest sales round. The producer offered S235JR-grade billet at USD 515 per ton EXW, while B420-grade billet was offered at USD 520 per ton EXW, both…
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Turkish steelmaker Kardemir has lowered domestic billet prices in its latest sales round. The producer offered S235JR-grade billet at USD 515 per ton EXW, while B420-grade billet was offered at USD 520 per ton EXW, both…
The European Commission (EC) has initiated an expiry (sunset) review of the anti-dumping duties on imports of certain hot rolled flat products of iron, non-alloy or other alloy steel originating from Turkey, following a…
A legal dispute has emerged between Kibar Holding and South Korea's POSCO over their joint venture Posco Assan TST, Turkey's only stainless steel cold rolling producer, according to Turkish media reports. Kibar Holding…
Iron ore futures rose on Wednesday, supported by concerns over a potential supply disruption at Port Hedland, the world's largest iron ore export terminal, although the medium-term outlook remained weak due to soft…
Vietnamese steelmaker Formosa Ha Tinh Steel has reduced domestic HRC prices for August-September deliveries by around USD 40 per ton, following a similar move by Hoa Phat amid weak market demand. The producer is now…
PT Krakatau Steel has signed a memorandum of understanding (MoU) with India's Steel Authority of India Ltd. (SAIL) to explore the establishment of a joint venture for the production of stainless steel slabs in…
Turkish steelmaker Kardemir has lowered domestic rebar prices in its latest sales round amid subdued market conditions. The producer is offering 12-32 mm rebar at TRY 26,500 (USD 566) per ton EXW, excluding VAT, down…
Turkey's leading steel producer Kardemir has increased domestic prices for steel sections, according to its latest price list. The producer raised prices for IPE-NPU sections in sizes 180-550 mm to USD 670-760 per ton…
Iron ore futures declined on Tuesday as weak steel market fundamentals continued to weigh on sentiment, with the outlook for demand remaining uncertain. Market sources said the seasonal slowdown in steel consumption has…
Baosteel Steel Pipe (Ma'anshan) Science and Technology Co., Ltd. has awarded SMS group a contract to supply two PQF (Premium Quality Finishing) seamless tube rolling lines for its plant in Ma'anshan, Anhui Province…
Canada Nickel Company has signed a memorandum of understanding (MoU) with RWE Supply & Trading GmbH (RWEST) to support the commercialization of low-carbon intermediate stainless and alloy steel products from its Net…
Turkey imported 8.1 mln tons of ferrous scrap during the first five months of 2026, almost unchanged from the same period last year, according to data from the Turkish Statistical Institute (TUIK). The United States…
UAE's CIM Steel Industry LLC has entered into a strategic partnership with the National Bank of Umm Al Quwain (NBQ) to support its manufacturing operations and strengthen its contribution to the UAE's industrial sector…
Iron ore futures edged higher on Monday as relatively high Chinese steel production continued to provide near-term support. However, gains remained limited as high portside inventories, shrinking steel mill margins and…
Japan has approved provisional anti-dumping duties on imports of nickel-based stainless steel cold-rolled strips and cold-rolled steel sheets originating from China and Taiwan after authorities found evidence of dumping…
Mining companies BHP and Rio Tinto, together with Caterpillar, have commenced field trials of two Cat 793 XE Early Learner battery-electric haul trucks at BHP's Jimblebar iron ore mine in Western Australia's Pilbara…
Turkish imported scrap prices extended their decline this week as weak finished steel demand, softer export prospects and cautious mill buying continued to pressure the market. MESTEEL assessed HMS 1&2 (80:20) import…
Erciyas Celik Boru has secured orders worth approximately USD 15 mln to supply steel pipes for the Sakarya-Kocaeli Provinces Drinking Water Transmission Line Phase I project in Turkey, according to the company's stock…
Turkish steelmaker Kardemir has signed a USD 2.93 mln contract to supply railway wheels to a customer operating in the Czech Republic, according to the company's stock exchange filing. The latest agreement follows a…
Turkish steel producer Ekinciler Demir ve Celik Sanayi has received a USD 4.97 mln export order for construction steel (rebar) from the Central America region, according to the company's stock exchange filing. The…
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