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771 news items from Turkey. Show all
Turkey's scrap import prices continued to rise this week, reaching USD 370-380 per ton CFR, up from USD 365-375 per ton CFR last week. The price increase is driven by higher collection costs, a stronger Euro against the…
Turkey's scrap imports fell 20pct in January 2025 YoY, according to data from the Turkish Statistical Institute (TUIK). The country imported 1.5 mln tons during the period, down from 1.8 mln tons in the same month last…
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 an updated price list for its long steel products. The company has raised the price of 12-32 mm rebar to TRY 20,875 (USD 570) per ton EXW, up from TRY 19,875 (USD 548) per ton…
Turkish steelmaker Karabuk Demir Celik (Kardemir) reported a deeper net loss in 2024, according to its latest financial report. The company's net loss rose to TRY 3 bln (USD 82.9 mln), up from TRY 2.29 bln in the…
Turkey's scrap import prices continued to rise this week, reaching USD 365-375 per ton CFR, up from USD 360-365 per ton CFR last week. The upward trend is driven by higher collection costs and strong market sentiment in…
Turkish steel producer Kardemir has announced a strategic partnership with U.S.-based Amsted Rail Company Inc., according to a stock exchange filing. The company has signed a memorandum of understanding (MoU) with…
Turkey's Steel Exporters' Association (CIB) recently organized a trade delegation to Kosovo to enhance trade relations between the two countries. The meetings brought together representatives from 28 Turkish companies…
Turkey's steel exports surged in January 2025, rising 23pct YoY to 1.1 mln tons, with export value increasing 14.6pct to USD 763.4 mln, according to the Turkish Steel Producers' Association (TCUD). The growth was driven…
Turkish pipe producer Borusan Pipe reported a net loss of USD 5 mln in 2024, a sharp decline from its USD 194 mln profit in 2023, citing challenging market conditions. The company attributed its losses to pricing…
Turkey's scrap import prices increased this week as local steel mills booked new shipments at higher rates. Prices are now assessed at USD 360-365 per ton CFR, up from USD 350-360 per ton CFR, last week. The upward…
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…
Turkish pipe manufacturer Erciyas Celik Boru, along with its business partner, has received a new pipe order from Morocco, the company announced in a stock exchange filing. Valued at USD 76.3 mln, the order is for the…
Turkey's scrap import prices remained stable this week at USD 350-360 per ton CFR, despite weak steel demand, as restocking by Turkish steel producers provided support. Limited scrap collection during the winter also…
Harsco Environmental, a division of Enviri Corporation, has signed a contract with Izmir Demir Celik Sanayi A.S. (IDC) in Izmir, Turkey. Under the contract, Harsco Environmental will provide under-furnace digging…
Turkish steelmaker Kardemir has lowered its rebar and wire rod prices in response to weak domestic steel demand. The company now offers 12-32 mm rebar at TRY 19,875 (USD 548) per ton EXW, down from TRY 20,415 (USD 567)…
Turkey's wire rod exports reached 919,900 tons in 2024, up 27pct YoY, according to the Turkish Statistical Institute (TUIK). Romania was the largest buyer, importing around 310,500 tons, followed by Bulgaria with 81,650…
Turkey's Kardemir has ordered a five-strand combi-continuous caster from SMS Concast, a subsidiary of SMS group, to upgrade production at its Karabuk steel plant. The new facility is set to begin operations by late…
Turkey's leading steel producer, Erdemir Group, reported a net profit of TRY 14.19 bln (USD 391.6 mln) in 2024, more than tripling from TRY 4.32 bln in 2023. Sales revenue also saw strong growth, rising to TRY 204 bln…
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