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771 news items from Turkey. Show all
Turkey's wire rod exports totaled approximately 766,000 tons in the first ten months of 2024, marking a significant 47pct YoY increase, according to the Turkish Statistical Institute (TUIK). Romania was the largest…
Turkey's scrap import prices remained steady this week, assessed at USD 335-340 per ton CFR, as subdued buying activity reflected a stalemate between buyers and sellers. Turkish steel mills lowered their bids due to…
The Canada Border Services Agency (CBSA) has launched an investigation under the Special Import Measures Act, focusing on corrosion-resistant steel imports from the Turkish steel producer Borcelik. The investigation…
Cemas Dokum, part of Isiklar Holding, is advancing its sustainability and efficiency-focused growth strategy. The company has doubled its metal casting capacity to 50,000 tons per year and aims to meet 60pct of its…
Turkey imported 16.4 mln tons of scrap in the first ten months of 2024, marking a 5.5pct YoY increase, according to the Turkish Statistical Institute (TUIK). The US remained Turkey's largest scrap supplier during this…
Amid global challenges in the steel industry, Turkish steelmakers are aiming to boost their capacity utilization from the current 62.6pct to 70pct next year, according to Veysel Yayan, General Secretary of the Turkish…
Turkey's crude steel production rose by 12.4pct YoY to 30.9 mln tons in the first ten months of 2024, according to the Turkish Steel Producers' Association (TCUD). In October 2024, production grew slightly by 0.7pct YoY…
Turkey's scrap import prices continued to decline this week, reflecting ongoing challenges in the steel market. Prices are now assessed at USD 335-340 per ton CFR, down from USD 340-345 per ton CFR recorded last week…
Turkish construction firm Karmod has finished its steel-frame village housing project in Adiyaman, designed to support earthquake-affected areas. Karmod Sales Manager Ozay Kemal highlighted the speed and energy…
Turkish steel producer Kardemir has reduced its billet prices by USD 25 per ton, according to its latest price list. The updated price for S235JR grade billets is now USD 495 per ton EXW, while B420 grade billets are…
Turkey exported approximately 1.54 mln tons of welded steel pipes in the first nine months of 2024, a 9pct increase compared to the same period last year, according to data from the Turkish Statistical Institute (TUIK)…
Turkey has introduced the Turkiye Industrial Decarbonisation Investment Platform (TIDIP) in Ankara, a major initiative to advance its net-zero goals. Spearheaded by the European Bank for Reconstruction and Development…
Turkey's statistical authority, TUIK, reported a 1.7pct increase in the construction sector confidence index for November 2024, rising to 87.8. The retail trade sector also saw a 0.9pct rise in its confidence index…
Turkey imported approximately 951,000 tons of pig iron during the first nine months of 2024, marking a 7pct decline compared to the same period in 2023, according to data from the Turkish Statistical Institute (TUIK)…
Turkey's scrap import prices fell this week as mills secured cargoes at lower rates. Prices are now assessed at USD 340-345 per ton CFR, down from USD 350-360 per ton CFR last week. The decline is largely driven by weak…
Access to finance remains an issue for the steel industry's net zero carbon target, so some delays could be seen in reaching targets globally, Ugur Dalbeler, vice president of the Turkish Steel Exporters' Union (CIB)…
Turkish steel producer Kardemir has decreased its rebar prices in the latest pricing update. The company is now offering 12-32 mm rebar at TRY 20,415 (USD 591) per ton EXW, down from TRY 20,920 (USD 609) per ton EXW set…
Turkish pipe producer Borusan Pipe recorded a significant drop in net profits for the first nine months of 2024, citing difficult market conditions. Net profit fell to USD 11 mln, a steep decline from USD 149 mln in the…
Turkey imported approximately 8.14 mln tons of iron ore during the first nine months of 2024, marking a 26pct increase compared to the same period last year, according to data from the Turkish Statistical Institute…
Turkish steelmaker Karabuk Demir Celik (Kardemir) reduced its net losses during the first nine months of 2024, according to its financial report. The company reported a net loss of TRY 2.963 bln (USD 85.9 mln) for…
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