Turkey's scrap import prices rose further this week, but the increase dampened buying interest from local steel mills due to weak demand for finished steel. Scrap prices were assessed at USD 350-360 per ton CFR, up from…
Turkish steel producer Kardemir has raised its billet prices, according to its latest price list. The price for S235JR grade billets has been set at USD 490 per ton EXW, reflecting a USD 10 per ton increase from the…
Turkey's HRC imports reached approximately 3.6 mln tons in 2024, down 12.5pct from the previous year, according to the Turkish Statistical Institute (TUIK). China remained Turkey's top HRC supplier, delivering about…
Turkey has lifted trade and transit restrictions at its border with Syria, the trade ministry announced, marking a step toward expanding trade following the fall of Syrian leader Bashar al-Assad. Goods exported…
Turkey's rebar exports reached 3.43 mln tons in 2024, remaining largely stable compared to 3.39 mln tons in 2023, according to data from the Turkish Statistical Institute (TUIK). Yemen was the top importer of Turkish…
Turkey imported 20 mln tons of scrap in 2024, a 6.7pct YoY increase, according to the Turkish Statistical Institute (TUIK). The U.S. remained Turkey's top scrap supplier, delivering around 4.5 mln tons. The Netherlands…
Turkey's scrap import prices continued to rise this week as Turkish steel mills booked new cargoes at higher rates. Prices were assessed at USD 345-355 per ton CFR, up from USD 340-350 per ton CFR last week. The…
Turkish steel exports rose 27.6pct in 2024 from the previous year, reaching 13.4 mln tons, driven by strong demand from the European Union. Shipments to the EU surged 64.6pct YoY to 5.9 mln tons, according to the…
Turkey's crude steel production rose 9.4pct in 2024 to 36.9 mln tons, according to the Turkish Steel Producers' Association (TCUD), maintaining its position as the world's 8th largest producer. However, output in…
Turkey's Steel Exporters' Association (CIB) Chairman, Adnan Aslan, stated that Turkey could export up to 2 mln tons of steel to Syria as post-war reconstruction boosts demand. Currently, shipments remain at 200,000…
Turkish steelmaker Kardemir has raised its rebar and wire rod prices, reflecting the recent uptrend in scrap prices. The company now offers 12-32 mm rebar at TRY 20,415 (USD 567) per ton EXW, up from TRY 19,460 (USD…
Turkish special steel bar producer Hascelik is preparing to launch its new electric arc furnace (EAF)-based steel mill in April, a move aimed at reducing its carbon footprint. Hascelik Board Chairman Adnan Naci…
Turkish steel producer Kardemir has signed a new rail supply contract, according to a stock exchange filing. The company will provide 15,000 tons of 60E2 and R260 grade rails for the Ankara-Izmir high-speed railway…
Turkey's scrap import prices rose this week, driven by supply disruptions due to winter conditions and increased restocking demand. Prices were assessed at 340-350 per ton CFR, up from 330-340 per ton CFR last week. The…
Turkish steelmaker Tosyali Holding plans to invest nearly 1 bln dollars to install 1.2 GW of solar power capacity for self-consumption across eight provinces, expanding its renewable energy use. The company has signed…
Turkish steelmaker Koc Metalurji has taken a significant step in expanding its production capacity by signing a USD 4.84 mln contract, including VAT, with Turkey-based BVS Bulbuloglu Vinc Sanayi ve Ticaret A.S. The…
Turkey's scrap import prices climbed this week, driven by fresh bookings from Turkish steel mills. Prices were assessed at USD 330-340 per ton CFR, up from USD 325-335 per ton CFR last week. The rise was supported by…
Turkish steelmaker Tosyali Holding AS is pursuing the acquisition of a European producer to bolster its green steel operations, while advancing multi-bln-dollar projects in Saudi Arabia and Africa, Bloomberg reported…
Mescier Demir Celik, an electric arc furnace (EAF) steelmaker based in Bartin, Turkey, plans to construct a 30 MW solar power plant in the Esme district of Usak. The project aims to reduce energy costs and carbon…
Turkish steelmaker Kardemir has updated its prices for rebar and wire rod, according to the latest price list. The company is now offering 12-32 mm rebar at TRY 19,460 (USD 546) per ton EXW, a slight decrease from the…