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Kardemir raises domestic rebar prices

Turkey Turkey

Turkish steel producer Kardemir has increased domestic rebar prices in its latest sales round announced on May 21. The company set prices for 12-32 mm rebar at TRY 26,960 (USD 590) per ton EXW, compared with TRY 26,815…

Scrap imports decline in Jan-Apr 2026

Pakistan Pakistan

Pakistan imported 217,192 tons of steel scrap in April 2026, down by nearly 26pct compared with 292,945 tons imported in the same month last year, according to data from the Pakistan Bureau of Statistics (PBS). However…

Iron ore futures weaken on rising supply concerns

China China

Iron ore futures remained under pressure on Friday amid rising supply levels and concerns over steel demand, although losses were limited by relatively firm near-term consumption. Higher shipments from major miners and…

Iron ore futures down as seasonal slowdown weighs

China China

Iron ore futures declined on Thursday as concerns over weaker steel demand continued to weigh on market sentiment. Some Chinese steel traders said that domestic steel demand remains relatively stable, though rising…

Wire rod exports decline in Q1 2026

Turkey Turkey

Turkey exported around 256,000 tons of wire rod in the first quarter of 2026, down by 11pct YoY, according to data from the Turkish Statistical Institute (TUIK). Romania remained the largest export destination for…

Liberty Galati steel mill to be auctioned in June

Romania Romania

Romanian steel producer Liberty Galati will be put up for auction on June 19 with a starting price of EUR 444 mln (USD 514 mln), following approval of an amended restructuring plan by the Galati Tribunal. In addition…

Rebar exports remain stable in Q1 2026

Turkey Turkey

Turkey's rebar exports remained almost stable in the first quarter of 2026, according to data from the Turkish Statistical Institute (TUIK). The country exported around 1.07 mln tons of rebar during the January-March…

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