Scrap import prices gain on firm supplier sentiment
Turkey's import scrap market extended its upward trend this week, supported by firm supplier sentiment and high freight costs. HMS 1&2 (80:20) import prices...
Erdemir Q1 profit declines 9.4pct YoY, output rises
Turkish steel producer, Erdemir Group reported a 9.4pct YoY decline in profitability in the first quarter of 2026, according to its latest financial results.
Net...
Govt signs FTA with New Zealand, steel sector to benefit
India and New Zealand have signed a free trade agreement (FTA), reducing tariffs on a wide range of goods, including iron, steel and raw...
Steel trade balance turns positive in FY26
India became a net exporter of finished steel in the financial year ended 31 March 2026, supported by higher exports and a sharp decline...
Govt suspends slab, flat steel exports; long steel unaffected
Iran has suspended exports of steel slabs and flat products until May 30, 2026, according to an official directive issued by the Trade Promotion...
