Kardemir raises billet prices
Turkish steelmaker Kardemir has raised billet prices by USD 15 per ton, according to its latest price list. The price for S235JR grade billets is now set at USD 500 per ton EXW, while B420 grade billets are offered at…
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Turkish steelmaker Kardemir has raised billet prices by USD 15 per ton, according to its latest price list. The price for S235JR grade billets is now set at USD 500 per ton EXW, while B420 grade billets are offered at…
Turkey's billet imports surged in January 2025, more than doubling YoY to approximately 390,900 tons, according to data from the Turkish Statistical Institute (TUIK). Malaysia emerged as the largest supplier, delivering…
Turkish steelmaker Kardemir has released its latest price list for billet and wire rod. The price of S235JR grade billets has been set at USD 485 per ton EXW, marking a USD 5 per ton decrease from the previous…
Saudi Arabia's Watani Iron Steel Co. (Watani Steel) reported a substantial increase in net profit for 2024, reaching SAR 9.86 mln (USD 2.62 mln), more than doubling from SAR 4.24 mln in the previous year. Revenue also…
El Marakby Steel, a leading Egyptian manufacturer of deformed bars and wire rod, is enhancing its production capacity and competitiveness by upgrading its SMS minimill at the 6th of October site. In early 2023, SMS…
Turkish steel producer Kardemir has raised its billet prices, according to its latest price list. The price for S235JR grade billets has been set at USD 490 per ton EXW, reflecting a USD 10 per ton increase from the…
Future Forgeworks, a Brisbane-based steel manufacturer, has commissioned SMS group to supply Australia's first Continuous Mill Technology (CMT 350) mill for its Swanbank Green Steel Mill Project. The facility will…
Chinese steelmaker Yukun Iron and Steel Group has successfully produced 145-mm-thick slabs at its new Danieli QSP-DUE plant in Yuxi, Yunnan province, setting a record for direct casting and rolling facilities. This…
Turkish special steel bar producer Hascelik is preparing to launch its new electric arc furnace (EAF)-based steel mill in April, a move aimed at reducing its carbon footprint. Hascelik Board Chairman Adnan Naci…
Turkish steel producer Kardemir has reduced its billet prices, according to its latest price list. The price for S235JR grade billets has been set at USD 480 per ton EXW, marking a USD 20 per ton decrease from the price…
Pakistan's Large-Scale Manufacturing (LSM) sector contracted by 1.25pct YoY in the first five months of FY25 (July-November), according to data from the Pakistan Bureau of Statistics. LSM output decreased by 3.81pct in…
Turkey imported approximately 3.59 mln tons of slab in the first 11 months of 2024, marking a 40.4pct increase compared to the same period last year, according to the Turkish Statistical Institute (TUIK). Russia was the…
Turkey imported 3.26 mln tons of billets from January to November 2024, marking a 12pct YoY increase, according to the Turkish Statistical Institute (TUIK). Russia was the top supplier during this period, providing…
Turkish steel producer Kardemir has lowered its billet prices, according to its latest price list. The company's new price for S235JR grade billets is USD 500 per ton EXW, a decrease of USD 10 per ton from last month's…
Posco has placed an order with Danieli Rotelec for a Multi-Mode Electro Magnetic Stirrer (MM-EMS) to be installed on slab caster #1 at steel plant #2 in Gwangyang Works, Korea. Slab caster #3 at the same plant, which is…
Turkish steelmaker Kardemir Celik (Kar-Demir) has reduced energy consumption in billet production by 15-30pct using the Furnace Energy Saving System & Continuous Charging (FESCON) technology at its Aliaga meltshop…
Metinvest Group's steelmaking facilities in Ukraine introduced 20 new products in 2024, including six developed in collaboration with the Zaporizhstal joint venture. The majority of these products were in the long…
India's Vraj Iron and Steel has successfully begun commercial operations of its sponge iron plant on December 23, 2024. The plant is part of an expansion project located in Dighoia, Bilaspur, Chhattisgarh. The company…
Iran produced 20.4 mln tons of semi-finished steel from March 20 to November 21, 2024, according to the Iranian Steel Producers Association. This included 13.28 mln tons of billet and bloom and 8.058 mln tons of slab…
Turkish steel producer Kardemir has raised its billet prices by USD 5 per ton, as per its latest price list. The updated price for S235JR grade billets is now USD 500 per ton EXW, while B420 grade billets are priced at…
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