Turkey's scrap import prices remained broadly stable this week, with Turkish mills maintaining a cautious purchasing approach. MESTEEL assessed HMS 1&2 (80:20) at USD 375 per ton CFR Turkey, unchanged week-on-week…
Turkey's steel product exports remained firm in the first seven months of 2026, while domestic finished steel consumption declined in July, according to data from the Turkish Steel Producers Association (TCUD). In July…
Turkey's Borusan Pipe's US subsidiary, Borusan Berg Pipe, has secured new sales orders worth approximately USD 555 mln following commercial negotiations in the US market. The orders are expected to be produced and…
Turkish steelmaker Kardemir has concluded its latest sales round with higher billet and rebar prices, while firm scrap costs supported the increases. The producer sold S235JR-grade billet at USD 535 per ton EXW, up USD…
Turkish steelmaker Kardemir has won a tender from Turkiye Rayli Sistem Araclari Sanayii A.S. (TURASAS), Turkish state-owned rail vehicle manufacturer, to supply 1,640 TSI-certified monobloc railway wheels. Kardemir was…
An explosion at the furnace control room of Yesilyurt Demir Celik's steel plant in Tekkekoy, Samsun province, Turkey, injured two operators, local media reported. The incident occurred at the company's facility in the…
Turkey's Kardemir Celik Sanayi reported a 26.3pct YoY increase in sales revenue to TRY 13.92 bln (USD 290 mln) in the first half of 2026, while net profit fell 52pct to TRY 410.4 mln (USD 8.6 mln). The company's cost of…
Turkey's imported scrap prices remained range-bound this week, with Turkish steel mills showing limited buying interest amid weak finished steel demand and cautious purchasing. MESTEEL assessed HMS 1&2 (80:20) at USD…
Turkish steel producer Kardemir has raised its domestic wire rod prices, according to the company's latest price list. The company is offering 5.5 mm SAE 1006 grade wire rod at USD 620 per ton EXW, while SAE 1008-1010…
Turkey's Izmir Demir Celik reported a consolidated net loss of TRY 529.4 mln (USD 11.1 mln) in January-June 2026, narrowing from TRY 949.3 mln a year earlier, despite weaker revenue and a sharp deterioration in…
Turkey's Kardemir posted a consolidated net profit of TRY 5.98 bln (USD 124.7 mln) in January-June 2026, compared with a net loss of TRY 335.8 mln in the same period last year, while EBITDA rose 49.4pct YoY to TRY 4.75…
Turkey-based Borusan Pipe's US subsidiary, Borusan Berg Pipe, has secured new sales orders worth approximately USD 360 mln following commercial negotiations with customers in the US market. The company expects the…
Turkey's imported scrap market saw some trading activity this week, but Turkish steel mills remained cautious amid weak finished steel demand and limited margins. MESTEEL assessed HMS 1&2 (80:20) at USD 375 per ton CFR…
Turkey exported approximately 528,600 tons of wire rod in the first half of 2026, broadly unchanged from the same period last year, according to data from the Turkish Statistical Institute (TUIK). Romania remained the…
Turkish long steel producer, Ekinciler Demir ve Celik Sanayi A.S. increased its revenue by 28.2pct YoY to TRY 11.8 bln (USD 246.8 mln) in the first half of 2026, while net profit declined 1.9pct to TRY 323.4 mln (USD…
Turkey's HRC imports declined 7.5pct YoY to 1.73 mln tons during the first half of 2026, according to data from the Turkish Statistical Institute (TUIK). Russia remained Turkey's largest HRC supplier during…
Turkish special steel producer Cemtas Celik reported a net loss of TRY 172.6 mln (USD 3.6 mln) in the first half of 2026, compared with a net profit of TRY 19.9 mln in the same period of 2025. The company's net sales…
Turkish pipe producer Borusan Pipe reported stronger financial results in the first half of 2026, supported by higher project deliveries, improved operational efficiency and disciplined cost management. Sales volume…
Turkey's rebar exports increased nearly 13pct YoY to 2.26 mln tons in the first half of 2026, according to Turkish Statistical Institute (TUIK) data, compared with around 2 mln tons in the same period last year. Yemen…
Turkish integrated steel producer Erdemir Group reported a sharp increase in profitability during the first half of 2026, supported by higher production, stronger sales and improved operating performance following the…