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…
Turkey's semi-finished steel imports (billet and bloom) reached approximately 261,250 tons in July, reflecting a 7.8pct YoY decline. However, imports surged by 59pct compared to the previous month. In the first seven…
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…
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…
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…
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…
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…
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…
Turkish steel producer, Diler Demir Celik has achieved top performance and set speed records (40 m/sec) for D8 and D10 diameters with its newly installed spooler line at the Izmit plant in Turkey, according to a press…
Turkish prefabricated housing company Karmod has announced the launch of a steel construction housing project in Lisbon, Portugal. The project features Karmod's steel construction home type and has begun on-site…
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…
The Turkish Ministry of Environment and Urbanization has initiated the environmental impact assessment (EIA) process for YC Inox TR Celik, a Turkish subsidiary of Taiwan's YC Inox, as part of its stainless steel pipe…
Turkey's crude steel production increased by nearly 15pct YoY, reaching 21.7 mln tons in the first seven months of 2024, according to the Turkish Steel Producers' Association (TCUD). In July 2024, crude steel production…
Turkish pipe producer Borusan Boru announced that its US subsidiary, Borusan Berg Pipe, has signed a pipe supply agreement with Blackcomb Supply Co, LLC, a WhiteWater affiliate, for the Blackcomb Mainline natural gas…
Turkey's scrap import prices strengthened this week, driven by improved market sentiment in the finished steel sector. Scrap import prices were assessed at USD 360-365 per ton CFR, up from USD 355-360 per ton CFR last…
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…
Turkish Ministry of Environment and Urbanization has initiated the environmental impact assessment (EIA) process for Turkish steelmaker Tosyali Demir Celik's solar power plant project in Toprakkale, Osmaniye, southern…
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…
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…
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…