Scrap import prices rise on tighter supply and high freight costs
Turkey's scrap import prices increased this week as tighter availability and firm freight costs supported the market. MESTEEL assessed HMS 1&2 (80:20) at USD...
Kocaer Celik strengthens US presence with new subsidiary
Turkish steel producer Kocaer Celik has established KCR Steel U.S. LLC in Texas as part of its strategy to strengthen its presence and expand...
Scrap imports increase in Jan-Jul 2026
Turkey imported 11.3 mln tons of scrap in the first seven months of 2026, up 3.7pct YoY, according to data from the Turkish Statistical...
Govt begins overhaul of Gadani shipbreaking yard
Govt has started work on a PKR 12 bln (USD 43.3 mln) project to modernize the Gadani shipbreaking yard, with infrastructure upgrades aimed at...
Iron ore futures rise on near-term supply support
China's iron ore futures rose on Friday, supported by near-term supply-side factors, although cautious steel demand continued to limit the upside.
A weekly decline in...