Turkish steel manufacturer Kardemir has maintained its wire rod prices in the latest sales round, according to its latest price list. The company continues to offer 5.5 mm SAE 1006 grade wire rod at USD 625 per ton EXW…
Kardemir, Turkey's major steel producer, has unveiled new prices for its steel sections. The company's latest price list indicates a reduction in prices for IPE-NPU sections, now offered at USD 685-790 per ton EXW for…
Turkey's scrap imports exhibited significant changes in May 2024, rising 4.2pct YoY and 20pct month-on-month to reach 1.8 mln tons. The United States remained Turkey's primary source of scrap imports, although imports…
Turkey has extended its temporary safeguard measures on wire rod imports for another three years, as announced in the official gazette. From June 15, 2024, to January 6, 2025, wire rod imports will incur a safeguard…
Turkey's crude steel output increased by nearly 20pct YoY in the first five months of 2024, reaching 15.5 mln tons from January to May, according to the Turkish Steel Producers' Association (TCUD). In May 2024, Turkey's…
Turkish steel producer Kardemir has announced new prices for rebar, according to its latest price list. The company is now offering rebar in sizes ranging from 12 to 32 mm at TRY 19,455 (USD 590) per ton, up from the…
According to Turkey's statistical authority, TUIK, the construction sector confidence index decreased in June 2024. TUIK data revealed a 0.5pct decline to 87.9 compared to the previous month. Additionally, the retail…
Turkey's scrap import prices remained stable as Turkish steel mills paused buying activity due to the Eid holidays. Scrap import prices in Turkey are assessed at USD 379-382 per ton CFR. Demand for Turkish finished…
Turkish steel manufacturer Kardemir has announced its sales allocation plan for the period from July to September 2024. The company has increased allocations for billet, rebar, and profiles compared to the previous…
Turkish steel manufacturer Kocaer Celik reported a 7.36pct YoY drop in net profit for the first quarter of 2024. According to the company's stock exchange filing, Kocaer Celik recorded a net profit of TRY 95.847 mln…
In April 2024, Turkey saw a sharp 70.1pct YoY decline in wire rod exports, as reported by the Turkish Statistical Institute (TUIK). Despite this, April's exports totaled 41,000 tons, marking an increase of over 52pct…
Turkey's scrap import prices remained stable ahead of the upcoming Eid holidays, despite sluggish demand for finished steel. Currently, scrap import prices in Turkey are assessed at USD 379-382 per ton CFR. The rise in…
Turkey witnessed a significant increase in HRC exports in April, according to data from the Turkish Statistical Institute (TUIK). In April 2024, Turkey's HRC exports totaled 175,000 tons, marking a nearly 165pct YoY…
Turkey's rebar exports surged by 64pct YoY in April 2024, according to data from the Turkish Statistical Institute (TUIK). Turkish rebar suppliers exported 276,000 tons during this period, marking a 23pct increase…
Turkish steel exports to the Gulf Cooperation Council (GCC) countries showed varying trends in H1 2023. The total Turkish steel exports to the region amounted to 73,859 tons during this period. in June, there was a…
Tenaris has been awarded a contract for the supply of pipes and related services for phase II-A of the Sakarya gas field development. Turkish Petroleum (TPAO) operates the project, located in the ultra-deep waters of…
Turkey's scrap import prices experience further decline as steel demand remains subdued. Scrap import offers for the Turkish market are in the range of USD 345-350 per ton CFR, reflecting a decrease of USD 5-10 per ton…
In May 2023, Turkey's wire rod exports faced a significant decline of over 62pct YoY, with the total volume amounted to 39,533 tons, as reported by the Turkish Statistical Institute (TUIK). Despite this overall…
Turkish exports of coated coil in widths of 600 mm and above in the first five months of 2023 fell 50pct YoY to 342,500 tons, hit by antidumping duties imposed by the European Commission and low demand in most main…
Turkish steel producer, Kocaer Celik has successfully secured steel profile orders amounting to USD 14.7 mln from the American continent, the company said in a stock exchange filing. The newly received orders…