Data from the Turkish Statistical Institute (TUIK) indicates a noteworthy surge in Turkey's cold-rolled (CR) steel imports during May. The country imported a total of 91,303 tons of CR steel (coils/sheets) during the…
Turkey's major steel producer, Kardemir has kept steel sections prices unchanged, according to the company's new price list. The price range for IPE-NPU (160-550 mm) remains at USD 700-820 per ton EXW, while the price…
Turkish steel producer, Kardemir has reduced wire rod prices, according to its latest price list. The company has revised the price of its 5.5 mm SAE 1006 grade wire rod to USD 600 per ton EXW, indicating a decrease…
Turkey's scrap import prices witnessed a significant decline as buyers secured cargoes at lower prices. Scrap import offers for the Turkish market now stand at about USD 355 per ton CFR, marking a decrease of USD 10-15…
Turkish steel producer MMK Metalurji faced a significant slump in steel output in the first half of 2023 due to the closure of one of its plants following an earthquake in Southern Turkey and weak demand. Part of…
Turkish steel producer, Kardemir has announced new rebar prices, according to its latest price list. The company has implemented a price reduction for rebar sizes ranging from 12-32 mm, setting the new rate at TRY…
Turkish steel producer, Kardemir, has released its sales allocation plan for July to September 2023. The company has decreased sales allocation for all products except wire rod as compared to the previous quarter. As…
Turkey's scrap import prices continue to face downward pressure as the demand for finished steel remains lackluster. Scrap import offers for the Turkish market are in the range of USD 365-370 per ton CFR, representing a…
Turkish rebar exports experienced a recovery in May 2023, with a nearly 24pct increase compared to the previous month. However, when compared to the same month last year, the exports almost halved, according to data…
Kardemir's subsidiary, Dokum Makina Sanayi ve Ticaret (Kardokmak), has officially launched its USD 5 mln forged steel plant. According to local news reports, following the arrival of all the necessary equipment at the…
Turkey's major steel producer, Kardemir has decreased steel sections prices, according to the company's new price list. The company's latest price range for IPE-NPU (160-550 mm) now stands at USD 700-820 per ton EXW…
Turkish steel producer, Kardemir has reduced billet and wire rod prices, according to its latest price list. The company’s S235JR grade billet is now offered at USD 525 per ton EXW, a decrease from the previous rate of…
In May, Turkish wire rod exports showed a notable rebound, increasing by 47pct compared to the previous month. However, the YoY figures remained bleak, with exports plummeting by 63pct. The total exports for May…
Turkey has witnessed a decrease in scrap import prices over the past two weeks as buying activity remains minimal due to weak finished steel. Scrap import offers for the Turkish market hover around USD 375 per ton CFR…
Turkey's major steel producer, Kardemir has lowered steel sections prices, according to the company's new price list. The company's new price range for IPE-NPU (160-550 mm) is USD 750-900 per ton EXW, which is lower…
Turkish steel producer, Kardemir has announced new rebar prices, according to its latest price list. The company has raised the prices of rebar sizes ranging from 12-32 mm to TRY 15,850 (USD 607) per ton, compared to…
Turkish steel producer, Kardemir has decreased billet and wire rod prices, according to its latest price list. Kardemir's S235JR grade 150 mm billet is now offered at USD 565 per ton EXW, representing a decrease from…
According to data from the Turkish Statistical Institute (TUIK), Turkey witnessed a significant 72 pct increase in HRC imports in May, totaling 589,174 tons. The surge in imports was primarily driven by a sharp increase…
Turkey experienced a significant decline of 19.1 pct YoY in crude steel production in the first five months of 2023, amounting to 13 mln tons. In the month of May alone, there was a 10.3 pct YoY decrease, resulting in…
Turkish steel exports to the GCC region experienced a mixed performance in May 2023. While Turkish steel exports to Saudi Arabia declined, there was a notable increase in exports to the UAE and Qatar. In May 2023, the…