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771 news items from Turkey. Show all

Kardemir secures new rail export order

Turkey Turkey

Turkish steel producer Kardemir has secured a new rail export order, according to a stock exchange filing. The company signed a contract worth USD 17.64 mln to supply rails to Azerbaijan, with delivery scheduled in…

Cemtas sees sharp profit decline in H1 2024

Turkey Turkey

Turkish steel manufacturer Cemtas Celik reported a net profit of TRY 26 mln (USD 764,456) in H1 2024, a significant drop from TRY 95.4 mln in the same period last year, according to its financial statement. During this…

Kardemir cuts billet prices

Turkey Turkey

Turkish steel producer Kardemir has lowered its billet prices, as per the latest price list. The company's S235JR grade billets are now offered at USD 530 per ton EXW, and B420 grade billets at USD 545 per ton EXW…

Wire rod exports grew sharply in Jan-Jul 2024

Turkey Turkey

Turkey's wire rod exports reached approximately 572,000 tons in the first seven months of 2024, marking a significant 98pct increase compared to the same period last year, according to the Turkish Statistical Institute…

Rebar exports rise 10 pct in Jan-Jul 2024 YoY

Turkey Turkey

Turkey exported around 1.9 mln tons of rebar in the first seven months of 2024, marking a 10pct increase YoY, according to data from the Turkish Statistical Institute (TUIK). The top three destinations for Turkish rebar…

Scrap imports grew 0.5pct in Jan-Jul 2024 YoY

Turkey Turkey

Turkey imported 11.6 mln tons of scrap in the first seven months of 2024, a slight increase of 0.5pct compared to the same period last year, according to the Turkish Statistical Institute (TUIK). The US was Turkey's…

Scrap import prices rise but outlook uncertain

Turkey Turkey

Turkey's scrap import prices rose this week as mills booked cargoes at higher rates, though a sharp decline in Chinese prices dampened market sentiment toward the end of the week, potentially limiting further price…

Kardemir raises rebar and wire rod prices

Turkey Turkey

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 19,875…

Kardemir sees higher losses in H1 2024

Turkey Turkey

Turkish steel manufacturer Karabuk Demir Celik (Kardemir) reported an increase in losses for the first half of 2024, according to the company's financial statement. Kardemir's net loss reached TRY 1.829 bln (USD 53.6…

Construction sector confidence index rises in August

Turkey Turkey

Turkey's statistical authority, TUIK, reported a rise in the construction sector confidence index for August 2024, increasing by 1.1pct to 88.0 from the previous month. The retail trade sector confidence index also grew…

Welded pipe exports rise 12.3 pct in H1 2024 YoY

Turkey Turkey

Turkey exported 1.04 mln tons of welded steel pipes in the first half of the year, marking a 12.3pct increase from the previous year, according to the Turkish Statistical Institute (TUIK). Romania was the largest…

Scrap import prices fall due to weak steel demand

Turkey Turkey

Turkey's scrap import prices dropped this week to USD 355-360 per ton CFR, down from USD 365-370 per ton CFR last week. The decline is attributed to negative market sentiment caused by slow finished steel demand in the…

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