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Friday, August 21, 2026

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Kardemir hikes wire rod prices

Turkish steel producer Kardemir has raised its domestic wire rod prices, according to the company's latest price list. The company is offering 5.5 mm SAE...

Iron ore futures retreat as weak steel demand weighs on market

Iron ore futures fell on Thursday as weak steel demand outweighed support from firmer coke and coking coal prices. Crude steel production among China Iron...

Hyundai Steel targets growing data centre construction segment

South Korea's Hyundai Steel has signed an MoU with construction project management company HanmiGlobal to expand the use of steel structures in advanced industrial...

Middle East logistics disruptions reshape China-GCC steel trade in H1 2026

Chinese steel exports to GCC countries declined by 18pct YoY to 4.54 mln tons during the first half of 2026 from 5.54 mln tons...

Izmir Demir Celik narrows net loss in H1

Turkey's Izmir Demir Celik reported a consolidated net loss of TRY 529.4 mln (USD 11.1 mln) in January-June 2026, narrowing from TRY 949.3 mln...

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