Turkey's major steel producer, Erdemir Group reported a sharp decline in net profit for the first half of 2025, according to its latest financial results. Net profit fell to TRY 1.81 bln (USD 44.5 mln), down…
Honda Turkiye A.S. will establish a new motorcycle factory in Aliaga, Izmir, to support rising local demand and expand global sales, the company announced. Driven by growing needs for personal transport and commercial…
Turkish steel producer Kardemir has launched a new sales round for rebar, announcing updated prices in its latest price list. The company raised its rebar price to TRY 22,625 per ton (USD 556), up from TRY 22,250 per…
Turkey exported approximately 2 mln tons of rebar in the first half of 2025, marking a 28pct year-on-year increase, according to data from the Turkish Statistical Institute (TUIK). Yemen emerged as the top destination…
Turkey imported approximately 9.4 mln tons of scrap in the first half of 2025, down by nearly 9pct YoY, according to data from the Turkish Statistical Institute (TUIK). The United States was the top supplier, delivering…
Turkey's steel exports rose by 18.6pct YoY in the first half of 2025, reaching 7.7 mln tons, according to the Turkish Steel Producers' Association (TCUD). Export revenues grew by 8.8pct to USD 5.2 bln. In June alone…
Turkey's scrap import prices held steady this week at USD 340-345 per ton CFR as domestic steel mills prioritized boosting finished steel sales. Scrap buying activity remained subdued, with market participants noting…
Turkey's Trade and Economic Partnership Agreement with Qatar, signed in November 2018, will officially take effect on August 1, 2025, the Turkish Trade Ministry announced. The deal aims to boost mutual investments…
Kocaer Steel has announced plans to open a new branch in Manisa, as approved by its Board of Directors, according to a stock exchange filing. The branch will be located in the Teknokent at Manisa Celal Bayar…
Miilux OY, Turkey's only armor steel producer, has reached a new milestone by developing the capability to manufacture submarine hull steel in profile form using entirely domestic resources. This achievement follows its…
Turkey's scrap import prices held steady this week at USD 340-345 per ton CFR, but buying activity picked up amid improved domestic steel demand. The increase in scrap purchases coincided with improved local steel sales…
Turkish steelmaker Kardemir has increased its billet prices by USD 15 per ton in its latest sales round, according to its latest price list, compared to the levels announced early this month. As per the updated pricing…
Turkish pipe manufacturer Erciyas Celik Boru has secured a contract to supply hydrogen pipelines for a European energy project, the company announced in a stock exchange filing. Erciyas won the tender issued by the…
Turkish steel producer Kardemir has announced updated prices for wire rod and rebar in its latest price list. The company increased wire rod prices by USD 10 per ton compared to the second week of July. It is now…
Turkey imported 1.58 mln tons of HRC during the first five months of 2025, reflecting a decline of over 10pct YoY, according to data from the Turkish Statistical Institute (TUIK). China remained the largest supplier…
Canada has officially terminated its anti-dumping investigation into imports of corrosion-resistant steel sheet from Turkish producer Borcelik Celik Sanayi Ticaret, according to a notice issued by the Canada Border…
Turkey's imported scrap prices remained largely stable this week, as buying activity slowed due to weak finished steel sales and resistance from steel mills to accept higher scrap offers. Import offers were assessed in…
Turkey imported 1.6 mln tons of billets in the first five months of 2025, marking a YoY increase of nearly 36pct, according to data from the Turkish Statistical Institute (TUIK). Malaysia was the top supplier during…
Turkish stainless steel producer Saritas Celik is set to commission the second phase of its solar power plant (SPP) project at its Gebze facility, aiming to further cut carbon emissions and support its green production…
Turkey imported approximately 8.1 mln tons of scrap in the first five months of 2025, reflecting a 5.5pct YoY decrease, according to data from the Turkish Statistical Institute (TUIK). The Netherlands emerged as the…