Daily Newsletter - 16.02.2023

Daily Newsletter - 16.02.2023

U.S. wire rod exports decreased

U.S. wire rod exports decreased in December.

Fortescue Metals Group's first-half profit decreased

Australia's Fortescue Metals Group's profit in the first half of 2023 decreased.

China's steel product stocks increased

The failure of construction projects to start due to the cold weather caused steel stocks to increase in China.

An influx of visitors from abroad to the Eurasia Window, Door and Glass Fairs

543 companies and company representatives participated in the Eurasia Window, Door and Glass Fairs which took place at Tüyap Fair and Congress Center between 12-16 November. The fairs, which brought together international procurement committees consisting of nearly 600 industry professionals from over 100 countries, attracted a total of 60,128 visitors.

The rebar market in Turkey gained momentum

The iron and steel industry gained momentum yesterday evening and today for the first time since February the 6th.

Steel markets are worried as HRC prices increased in Turkey and the global markets

There was an increase in sheet/coil prices in the Turkish market. While global prices continue to increase, there are predictions that the offers will continue to rise. According to regional representatives…

ThyssenKrupp announced its first quarter profit for 2022-2023 fiscal year

ThyssenKrupp evaluates its business performance in the first quarter as positive despite the uncertain environment.

Ye?ilyurt Demir ?elik's aid amounted 7.5 million TRY

Ye?ilyurt Demir ?elik has been delivering the same and cash aid to the earthquake region since 6th February.

French rebar market remains stable

The French rebar market is experiencing a prolonged lockdown.

Kar-Demir Izmir updated its scrap prices

Kar-Demir Izmir announced its scrap prices dated 16.02.2023.

ArcelorMittal Europe steel production and shipments decreased

ArcelorMittal Europe's production and shipment decreased q-o-q and y-o-y.

Iron and steel sector is recovering

The devastating 7.8-magnitude earthquakes in Turkey, which took place with the epicenter in Kahramanmara? on Monday ( 6th February) and affected a total of 10 provinces, deeply affected logistics, infrastructure and steel production as well as many death toll .

??da? rebar and wire rod prices announced on 16 February

??da? A.?. rebar and wire rod prices dated 16th February, 2023 have been announced.

Vietnam's scrap imports increases in January

Vietnam's import and export rates in January...

Brazilian rebar imports and exports increased

Brazil's rebar exports and imports increased by 3% in January.

Iranian steel production increased by 11%

According to the production figures announced by the Iranian Steel Producers Association...

Taiwan's stainless steel prices increased in the local market

Taiwanese stainless steel raw material producers will announce their prices for March next week. Therefore, downstream customers currently follow a wait-and-see policy to purchase.

Ukrainian crude steel production decreased

Ukraine's crude steel production decreased in January.

JSW Steel crude steel production increased in January

JSW Steel produced 18.91 lakh tons of crude steel in January.

ArcelorMittal seeks offer increase in coil prices from EU

ArcelorMittal is pushing up its coil offers in Europe even further.

What is the latest situation of the European CRC market?

How has the European CRC market changed this week?

Taiwan's Feng Hsin decreases scrap and rebar prices

Taiwan's Feng Hsin has lowered its scrap and rebar prices this week, while maintaining its section steel prices.

Shipment of EVRAZ NTMK steel products to Russian consumers increased

Shipments of EVRAZ NTMK steel products to Russian consumers increased in January.

Turkey's imported scrap prices decreased

Turkish imported scrap prices, which were at the level of 425-426 $ / ton before the big earthquake on February 6, decreased with a new agreement from the US on Friday last week.


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