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771 news items from Turkey. Show all
Turkey's Cinar Boru announced that its subsidiary, Cinar Celik, has launched a new pickling line in Eregli, according to local media reports. The company invested over USD 20 mln in the new line, which has an annual…
Turkish steel producer Kardemir has kept billet prices unchanged while reducing wire rod prices in its latest sales round, according to the company's latest price list. The company is offering S235JR grade billets at…
Turkey's HRC exports reached approximately 1.1 mln tons in the first half of this year, marking a 120pct increase YoY, according to the Turkish Statistical Institute (TUIK). Italy was the largest destination for Turkish…
Turkey imported nearly 10 mln tons of scrap in the first half of 2024, marking a 3.6pct increase compared to the same period last year, according to the Turkish Statistical Institute (TUIK). Turkey's scrap imports from…
Turkey's leading steel producer, Erdemir Group reported a net profit of TRY 10.389 bln (USD 308 mln) for H1 2024, reversing a loss of TRY 3.99 bln in the same period last year. The company's sales revenue surged by…
Turkey's scrap import prices fell this week to USD 365-370 per ton CFR, down from USD 380 per ton CFR last week, partly due to the availability of cheaper billet import offers. Billet offers from China are now in the…
Turkish construction company Karmod has expanded its European presence with a new steel-framed housing project in Montargis, France, marking its third residential venture in the country. The project, featuring a 3+1…
Turkish steel producer Kardemir has reduced its rebar prices in the latest sales round, according to the company's updated price list. The company is now offering rebar in sizes from 12 to 32 mm at TRY 19,450 (USD 579)…
Tosyali's subsidiary in Angola, Tosyali Iron & Steel Angola SA (TISA), is set to establish a new integrated steel facility in collaboration with Angola's state oil company, Sonangol. The facility will be located at the…
In June, Turkey imported approximately 97,000 tons of pig iron, marking a sharp 66pct increase YoY but a 27pct decrease from the previous month, according to the Turkish Statistical Institute (TUIK). Russia remained the…
Turkey's scrap import prices fell this week as weak steel demand and lower billet import offers limited scrap buying activity. Prices were assessed at USD 380 per ton CFR, down USD 10 per ton from the previous week…
Turkey's Ministry of Trade has assigned preliminary antidumping duties on HRC imports from China, India, Japan, and Russia, according to the market sources. The new dumping margins are set at 20.56-57.75pct for Chinese…
Turkish steel manufacturer Kardemir has reduced billet prices, according to its latest price list. The company is offering S235JR grade billets at USD 535 per ton EXW and B420 grade billets at USD 550 per ton EXW, down…
Turkish steelmaker Habas is set to expand its presence in the pipe sector through a new acquisition. The company aims to acquire Ilhanlar Haddecilik, a subsidiary of the Ilhanlar Group, located in the Osmaniye Organized…
In the first half of 2024, Turkey's crude steel production surged by nearly 17pct YoY, reaching 18.6 mln tons, according to the Turkish Steel Producers' Association (TCUD). June 2024 saw a 3.1pct increase in crude steel…
Turkey's scrap import prices remained steady at USD 390 per ton CFR this week due to limited buying activity. This stagnation is attributed to lower billet import offers and weak demand for Turkish finished steel in the…
Turkey has officially ratified the free trade agreement with Ukraine, as announced in the country's official gazette. Signed on February 3, 2022, the agreement received final approval from President Recep Tayyip Erdogan…
Turkish steel producer Kardemir has lowered rebar prices in its latest sales round, as per its new price list. The company is now offering rebar in sizes from 12 to 32 mm at TRY 19,500 (USD 588) per ton, down from TRY…
Turkish steel manufacturer Kardemir has lowered its wire rod prices in the latest sales update. The company is now offering 5.5 mm SAE 1006 grade wire rod at USD 615 per ton EXW, a decrease of USD 10 per ton from the…
Turkish steel producer Borcelik, a joint venture between ArcelorMittal and Borusan Holding, has chosen Danieli technology for its new cold-mill complex in Gemlik, Bursa, Turkey. The new pickling line coupled with a cold…
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