Turkey's scrap imports rose by 4pct YoY in the first eight months of 2024, according to data from the Turkish Statistical Institute (TUIK). From January to August 2024, Turkey imported approximately 13.5 mln tons of…
Turkish steel producer Kardemir has increased its rebar prices in the latest sales round, according to the company's updated price list. Market insiders noted that the company sold significant volumes and closed sales…
Turkey's crude steel production surged by 14.8pct YoY, reaching 24.8 mln tons in the first eight months of 2024, according to data from the Turkish Steel Producers' Association (TCUD). In August 2024 alone, production…
Turkish steel company Kocaer Celik recently reported securing significant orders worth USD 92.8 mln over the past 43 days. The orders mainly consist of value-added steel profiles from markets including the Middle East…
Australia has announced the initiation of an antidumping investigation into imports of certain rebar from Turkey, alongside products from Indonesia, Malaysia, and Vietnam, according to a notice from the Australian…
Turkey's scrap import prices held steady this week as Turkish steel mills booked several cargoes to replenish inventory. Scrap import prices were assessed at USD 360-365 per ton CFR. In the finished steel segment…
Kardemir, one of Turkey's major steel producers, has announced updated prices for its steel sections. The company is now offering IPE-NPU sections at USD 680-885 per ton EXW for sizes ranging from 180-600 mm, compared…
Turkey-based Ussuri Capital Partners (UPC), led by Ukrainian CEO and co-founder Roman Kurashev, has announced the launch of its first financing round, aiming to raise EUR 60 mln (USD 67 mln) for the initial phase of a…
Turkish steel producer Kardemir has launched a new round of billet sales, according to its latest price list. The company maintained the price of S235JR grade billets at USD 530 per ton EXW, while raising the price of…
Turkish steelmaker Kardemir has announced its sales allocation plan for October to December 2024. The company has reduced allocations for billets, wire rods, and profiles compared to the previous quarter, while keeping…
Turkey exported approximately 1.17 mln tons of welded steel pipes in the first seven months of this year, marking an 11pct increase compared to the same period last year, according to the Turkish Statistical Institute…
Turkey's scrap import prices declined this week as Turkish steel mills booked several European-origin scrap cargoes at lower prices. Scrap import prices were assessed at USD 360-365 per ton CFR, down from USD 370 per…
Tosyali Holding's Toscelik has supplied pipes for the first phase of the Juranah Independent Strategic Water Reservoir (Juranah ISWR-1) project, which is being constructed by Mapa Group, the company announced in a press…
Turkish steel producer Kardemir has raised its rebar and wire rod prices in the latest sales round, according to the company's updated price list. Rebar in sizes ranging from 12 to 32 mm is now offered at TRY 20,460…
Turkish steel manufacturer Kocaer Celik reported a significant 77pct YoY drop in net profit for the first half of 2024. In a stock exchange filing, the company disclosed a net profit of TRY 145.23 mln (USD 4.26 mln)…
Turkey imported approximately 118,100 tons of pig iron in July 2024, a 16pct YoY decrease but a 37pct increase compared to the previous month, according to data from the Turkish Statistical Institute (TUIK). In the…
Borusan Pipe, a Turkish manufacturer, has inaugurated a EUR 15 mln (USD 16.6 mln) service center near Ploiesti, southern Romania. The facility, which received a state grant of EUR 5.83 mln (USD 6.48 mln), is expected to…
Turkey's CRC imports totaled 423,000 tons in the first seven months of this year, a 16pct decrease compared to the same period last year, according to data from the Turkish Statistical Institute (TUIK). In Jan-Jul 2024…
Turkey's scrap import prices remained stable this week as buyers evaluated the market in light of cheaper billet offers from China. Scrap prices were assessed at USD 370 per ton CFR, unchanged from the previous week…
Turkey's HRC exports reached 1.4 mln tons in the first seven months of this year, marking a significant 145pct increase compared to the same period last year, according to data from the Turkish Statistical Institute…