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Turkey
Turkish scrap import prices increased this week as mills stepped up purchases to cover their requirements. MESTEEL assessed HMS 1&2 (80:20) at USD 400-410 per ton CFR Turkey, compared with USD 390-400 per ton a week earlier. Turkish mills…
Turkey
Turkey imported 14.3 mln tons of steel scrap during January-September 2026, up 2.9pct YoY, according to data from the Turkish Statistical Institute (TUIK). The United States remained Turkey's largest scrap supplier during the period, with…
Turkey
Turkey's Kardemir returned to profit in the first nine months of 2026, reporting a net profit of TRY 6.58 bln (USD 131.6 mln), compared with a net loss of TRY 1.24 bln in the same period last year. Revenue declined 3.1pct YoY to TRY 60.57…
Saudi Arabia
Saudi Steel Pipe Co. (SSP) reported a net profit of SAR 109 mln (USD 29.1 mln) in the first nine months of 2026, down 25.9pct YoY from SAR 147 mln. The decline in nine-month net profit was mainly due to a SAR 54 mln (USD 14 mln) land…
China
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India
India's finished steel consumption increased 7.5pct YoY to 99.3 mln tons during April-October 2026, according to provisional data released by the Ministry of Steel. Finished steel production rose 3.9pct YoY to 95.5 mln tons during the…
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