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HRC imports decline in Jan-Nov 2024

Turkey Turkey

Turkey's HRC imports totaled approximately 3.3 mln tons in the first 11 months of 2024, marking a 16pct decrease compared to the same period last year, according to the Turkish Statistical Institute (TUIK). In Jan-Nov…

Steel exports reach 9-year high in 2024

China China

China's steel exports reached a nine-year high in 2024, totaling 110.7 mln tons, up 22.7pct from 2023, according to data from the General Administration of Customs. This marks the highest level since 2015, when exports…

Iron ore imports hit record high in 2024

China China

Chinas iron ore imports reached a record high in 2024 for the second consecutive year, according to customs data. The country imported approximately 1.24 bln tons last year, marking a 4.9pct increase from the 1.18 bln…

Scrap imports grew 6.2 pct in Jan-Nov 2024 YoY

Turkey Turkey

Turkey's scrap imports totaled 18.18 mln tons, a 6.2 pct increase YoY in the first eleven months of 2024, according to the Turkish Statistical Institute (TUIK). In Jan-Nov 2024, Turkey imported 4.2 mln tons from the US…

Wire rod exports rise 29.5pct in Jan-Nov 2024 YoY

Turkey Turkey

Turkey's wire rod exports reached 792,635 tons in Jan-Nov 2024, marking a 29.5pct increase YoY, according to data from the Turkish Statistical Institute (TUIK). During this period, Romania was the top destination for…

Rebar exports decline slightly in Jan-Nov 2024

Turkey Turkey

Turkey exported around 3.1 mln tons of rebar in the first eleven months of 2024, a slight decrease of 0.5pct compared to the same period last year, according to the Turkish Statistical Institute (TUIK). During…

Tata Steel's output grew 6 pct in Q3 FY25 YoY

India India

India's Tata Steel reported a 6pct increase in crude steel production, reaching 5.68 mln tons in Q3 FY25, up from 5.35 mln tons in the same quarter last year. For the first nine months of FY25, the company's steel…

Maghreb Steel's revenue surges in Jan-Sep 2024

Morocco Morocco

Morocco's leading flat steel producer, Maghreb Steel, reported a 10pct YoY increase in revenue for the first three quarters of 2024, driven by strong domestic sales. The company's sales revenue rose to MAD 3.854 bln…

Iron ore imports grew 22 pct in Jan-Oct 2024 YoY

Turkey Turkey

Turkey's iron ore imports reached approximately 8.8 mln tons in the first ten months of 2024, marking a 22pct increase compared to the same period last year, according to the Turkish Statistical Institute (TUIK). Brazil…

Al Yamamah Steel swings to profit in FY24

Saudi Arabia Saudi Arabia

Saudi Arabia's Al Yamamah Steel Industries Co. has reported a remarkable financial turnaround, transitioning from a loss of SAR 130.14 mln in FY24, which ended on September 30, 2024, to a profit of SAR 70.8 mln (USD…

Pig iron imports decline in Jan-Oct 2024

Turkey Turkey

Turkey imported around 1.1 mln tons of pig iron in the first ten months of 2024, reflecting a 6.6pct decline compared to the same period in 2023, according to data from the Turkish Statistical Institute (TUIK). Russia…

Steel imports from China surge in Apr-Nov 2024

India India

India remained a net importer of finished steel during the April to November period, with imports rising 26.6pct YoY to 6.5 mln tons, while exports declined by 23.6pct to 3.154 mln tons. China dominated India's steel…

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