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998 news items in Statistics. Show all
Turkey's scrap imports rose by 4pct YoY in the first eight months of 2024, according to data from the Turkish Statistical Institute (TUIK). From January to August 2024, Turkey imported approximately 13.5 mln tons of…
The Pakistan Credit Rating Agency Limited (PACRA) has downgraded Amreli Steels Limited's entity ratings from "BBB" to "BB" for long-term and "A3" for short-term, with a negative outlook. PACRA highlighted the severe…
Indian state-owned iron ore miner NMDC reported a 1.33pct YoY increase in production, reaching 3.04 mln tons in September, up from 3 mln tons in the same month last year, according to a BSE filing. Sales also rose by…
Pakistan's scrap imports saw a slight decrease of 0.36pct YoY in August 2024, according to the Pakistan Bureau of Statistics. The country imported 211,700 tons of scrap that month, down from 212,455 tons in August 2023…
Pakistan experienced a 28.5pct YoY decline in finished steel imports in August 2024, as reported by the Pakistan Bureau of Statistics. In August, the country imported 166,516 tons of finished steel, a decrease from…
Turkey's crude steel production surged by 14.8pct YoY, reaching 24.8 mln tons in the first eight months of 2024, according to data from the Turkish Steel Producers' Association (TCUD). In August 2024 alone, production…
Egypt's iron and steel exports fell by 19pct YoY in January to July 2024, totaling USD 1.17 bln, down from USD 1.43 bln during the same period last year. According to a report from the Export Council for Building…
Pakistan's Agha Steel Industries Limited reported a loss of PKR 5 bln (USD 18.3 mln) for the fiscal year ending June 30, 2024, marking a sharp reversal from the PKR 980 mln profit recorded in the previous fiscal year…
Murat Cebecioglu, chairman of IREPAS (International Rebar Exporters and Producers Association), highlighted at a conference the growing instability in the global long steel industry's supply and demand balance, with…
Turkey exported approximately 1.17 mln tons of welded steel pipes in the first seven months of this year, marking an 11pct increase compared to the same period last year, according to the Turkish Statistical Institute…
China's steel crisis is driving a wave of bankruptcies and accelerating industry consolidation, according to a Bloomberg Intelligence (BI) report. Nearly three-quarters of Chinese steelmakers reported losses in the…
India's finished steel imports from China reached a seven-year high in the first five months of the 2024/25 fiscal year, according to provisional government data reported by Reuters. Overall, India's finished steel…
The UAE and Australia have finalized negotiations for a Comprehensive Economic Partnership Agreement (CEPA) aimed at enhancing trade and investment ties. The UAE is Australia's largest trade partner in the Middle East…
Steelmakers in the Middle East and North Africa (MENA) are poised to lead the global shift to green iron and steel production, according to the Institute of Energy Economics and Financial Analysis (IEEFA). Advances in…
Turkish steel manufacturer Kocaer Celik reported a significant 77pct YoY drop in net profit for the first half of 2024. In a stock exchange filing, the company disclosed a net profit of TRY 145.23 mln (USD 4.26 mln)…
Turkey imported approximately 118,100 tons of pig iron in July 2024, a 16pct YoY decrease but a 37pct increase compared to the previous month, according to data from the Turkish Statistical Institute (TUIK). In the…
Ezz Steel, Egypt's leading steel producer, reported a profit in the first half of 2024, according to its financial statement. The company achieved a profit of EGP 2.27 bln (USD 46.9 mln), reversing a loss of EGP 810 mln…
Turkey's CRC imports totaled 423,000 tons in the first seven months of this year, a 16pct decrease compared to the same period last year, according to data from the Turkish Statistical Institute (TUIK). In Jan-Jul 2024…
Turkey's scrap import prices remained stable this week as buyers evaluated the market in light of cheaper billet offers from China. Scrap prices were assessed at USD 370 per ton CFR, unchanged from the previous week…
Turkey's HRC exports reached 1.4 mln tons in the first seven months of this year, marking a significant 145pct increase compared to the same period last year, according to data from the Turkish Statistical Institute…
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