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771 news items from Turkey. Show all

Erdemir reports sharp decline in H1 earnings

Turkey Turkey

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 to build new motorcycle plant in Izmir

Turkey Turkey

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…

Kardemir raises rebar prices in latest sales round

Turkey Turkey

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…

Rebar exports jump 28pct YoY in H1 2025

Turkey Turkey

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…

Scrap imports decline in H1 2025

Turkey Turkey

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…

Kocaer Steel to open new branch in Manisa

Turkey Turkey

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…

Kardemir raises wire rod and rebar prices

Turkey Turkey

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…

HRC imports down 10pct in Jan-May 2025 YoY

Turkey Turkey

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 drops anti-dumping probe against Borcelik

Turkey Turkey

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…

Billet imports rise sharply in Jan-May 2025

Turkey Turkey

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…

Saritas Celik to expand solar power capacity

Turkey Turkey

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…

Scrap imports continue to decline in May

Turkey Turkey

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…

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