Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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771 news items from Turkey. Show all
Turkey's scrap import prices have remained unchanged in the past week as mills refrain from entering the market amid sluggish steel demand. Scrap import offers for the Turkish market are currently hovering around USD…
According to data from TUIK (Turkish Statistical Institute), Turkey witnessed an increase in both steel imports and exports under HS code 72 in May 2023, compared to the previous month. Steel import volume saw a…
According to a statement from the Turkish Statistical Institute (TUIK), Turkey's construction confidence index experienced a 3.5pct month-on-month decrease, reaching 88.9 points in June 2023. This decline indicates a…
Turkish steel producer, Kocaer Celik announced through a stock exchange filing that it has secured a steel profile order worth USD 24.8 mln for both the American continent and Europe. The company is scheduled to deliver…
Turkey's central bank implemented a hike in its key rate by 650 basis points to 15pct, signaling a reversal of President Tayyip Erdogan's previous policies. However, the rate increase fell short of expectations, leading…
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 575 per ton EXW, representing a decrease from…
According to the latest data released by the World Steel Association, crude steel production in the Middle East witnessed a 1.1pct growth during the first four months of 2023, reaching a total of 18.7 mln tons compared…
Turkish steel producer, Kardemir has announced an adjustment in rebar and billet prices, according to its latest price list. The company has increased the prices of 12-32 mm rebar sizes to TRY 15,000 (USD 635) per ton…
According to data from the Turkish Statistical Institute (TUIK), Turkey's pig iron imports reached 142,843 tons in April 2023, showing an increase of 11pct compared to the previous month. On a YoY basis, pig iron…
Turkish rebar exports experienced a significant decline in April 2023, according to data from TUIK. The exports dropped by 24pct compared to the previous month and over 65pct on a YoY basis. Buyers showed little…
Turkey’s scrap import prices increased over the past week as mills booked cargoes at higher rates. Scrap import offers for Turkish market are at about USD 390 per ton CFR, marking an increase of USD 5-10 per ton…
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