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770 news items from Turkey. Show all

Kardemir Celik H1 profit pressured by higher costs

Turkey Turkey

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…

Kardemir hikes wire rod prices

Turkey Turkey

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…

Izmir Demir Celik narrows net loss in H1

Turkey Turkey

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…

Kardemir returns to profit in H1 2026

Turkey Turkey

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…

Borusan Pipe secures USD 360 mln in new US orders

Turkey Turkey

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…

Wire rod exports remain stable in H1 2026

Turkey Turkey

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…

HRC imports weaken in first half of 2026

Turkey Turkey

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…

Cemtas swings to loss in H1

Turkey Turkey

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…

Rebar exports show strong growth in H1 2026

Turkey Turkey

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…

Erdemir H1 profit surges on higher output and sales

Turkey Turkey

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…

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