Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
Got a story for the Middle East steel market? Submit news
771 news items from Turkey. Show all
Scrap import prices in Turkey fell this week influenced by weak demand for finished steel. Current prices are assessed at USD 350-360 per ton CFR, down from USD 360-365 per ton CFR last week. The ongoing decline in…
Turkey imported approximately 2.13 mln tons of semi-finished steel, billet, and bloom in the first nine months of 2024, marking a nearly 17pct decline from the same period last year, according to the Turkish Statistical…
Turkish steel producer Kardemir has reduced wire rod prices by USD 10 per ton as compared to the prices announced on October 23, 2024, according to its latest price list. The company's new price for 5.5 mm SAE 1006…
Turkey's HRC imports totaled approximately 2.66 mln tons in the first nine months of 2024, a decline of 21pct compared to the same period last year, according to the Turkish Statistical Institute (TUIK). China was…
Turkey's Tosyali Toyo Celik, a joint venture between Tosyali and Japanese steel firm Toyo Kohan, is investing USD 200 mln to expand production capacity at its Osmaniye plant, according to local media reports. Board…
Turkey's HRC exports reached approximately 1.84 mln tons in the first nine months of 2024, surging by 134pct compared to the same period last year, according to the Turkish Statistical Institute (TUIK). From January to…
Turkish steel producer Borcelik has chosen international technology group Andritz to supply a combi-line furnace for a new continuous galvanizing and annealing line dedicated to automotive-grade materials. The line…
Turkey's scrap import prices edged up slightly, fluctuating within a narrow range as suppliers held firm on prices despite a decline in Turkish steel prices. Current prices are assessed at USD 360-365 per ton CFR, up…
Turkish steel producer Kardemir has decreased its billet prices by USD 15 per ton, according to the latest price list. The new price for S235JR grade billets is USD 520 per ton EXW, while B420 grade billets are offered…
Turkey's wire rod exports reached approximately 736,300 tons in the first nine months of 2024, a sharp increase of 76pct compared to the same period last year, according to the Turkish Statistical Institute (TUIK)…
Turkey exported 2.5 mln tons of rebar in the first nine months of 2024, marking a 1pct YoY increase, according to the Turkish Statistical Institute (TUIK). Yemen was the leading destination for Turkish rebar during this…
Turkish steel producer Kardemir has reduced its rebar prices in the latest pricing update. The company is now offering 12-32 mm rebar at TRY 20,920 (USD 609) per ton EXW, down from TRY 21,455 (USD 626) per ton EXW set…
Turkey imported 14.9 mln tons of scrap in the first nine months of 2024, a 6.3pct increase YoY, according to the Turkish Statistical Institute (TUIK). From January to September 2024, scrap imports from the USA rose by…
Turkey's crude steel production rose by 14pct YoY to 27.9 mln tons in the first nine months of 2024, according to the Turkish Steel Producers' Association (TCUD). In September alone, production grew 6.5pct YoY to 3.1…
Turkey's scrap import prices have fluctuated within a limited range this week, reflecting a slight decline. Current prices are assessed at USD 355-365 per ton CFR, down from USD 360-365 per ton CFR last week. The…
Turkey's leading steel producer, Erdemir Group, reported a net profit of TRY 11.28 bln (USD 329 mln) for the first nine months of 2024, a turnaround from a TRY 3.83 bln loss in the same period last year. Sales revenue…
Turkish steel producer Kardemir has announced an investment to expand its production capacity for value-added steel products and boost competitiveness, according to a stock exchange filing. The company plans to install…
Turkey's scrap import prices declined this week amid a cautious market mood, with scrap buying activity limited by weak demand for finished steel. Scrap import prices are now assessed at USD 360-365 per ton CFR, down…
Turkish steel producer Kardemir has reduced its billet prices by USD 15 per ton, according to the latest price list. The updated price for S235JR grade billets is USD 535 per ton EXW, while B420 grade billets are set at…
Turkish steel producer Kardemir has lowered prices for rebar and wire rod in its latest price list. The company is now offering rebar (12-32 mm) at TRY 21,455 (USD 626) per ton EXW, down from TRY 22,000 (USD 642) per…
“Premium Content” marks a news item that needs a subscription to read in full.
