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Indian steelmakers appeal to the government Finished steel imports rose 38.1% year-on-year to 8.3 million tons, contradicting the government's goal of self-sufficiency in steel production. Steel producers are calling for government intervention, fearing the threat that rising…

Iron and steel import value of Türkiye was $2.15 billion in March SteelRadar analysts compiled data from the Turkish Statistical Institute (TUIK) and the Customs Undersecretariat's preliminary foreign trade data to estimate that the value of Türkiye's iron and steel imports in…

Steel sector gains momentum as Türkiye's total exports fall Noting that they started 2024 as they wanted, ADMIB President Fuat Tosyalı said, ‘However, our main goal is to reach our export level in 2022. We think that we can reach this point again by taking the fruits of the…

Africa's first report on iron ore mine inspections published The Initiative for Responsible Mining has published the results of Kumba Iron Ore's inspections of its Kolomela and Sishen #ironore operations in accordance with the IRMA Standard for Responsible Mining. Speaking on the…

Türkiye's steel bar exports increased by 40% in February SteelRadar compiled data from the Turkish Statistical Institute (TUIK) and reported that Türkiye's #steelbar exports in February 2024 increased by 40% compared to the same month of the previous year, rising from 287,758…

Wire rod prices in Italy are increasing According to SteelRadar data, wire rod prices in Italy increased last week after trading at the same price since 8th April. Wire rod ASTM A510 (SAE1008) started the week of April 22 at... Click to view the price ➡ steelradar.com/en/haber/wire-……

India is rapidly consuming EU sheet quotas In EU quotas, India fully utilized 52,960 tons of 4A metallic coated sheets quota, 77,600 tons of organic coated sheets quota, 31,333 tons of stainless bars and light profiles quota. In the April 1-June 30 period, India used 87% of its…

The collapse in the South Korean steel industry continues According to a published report, it was stated that difficult conditions in the South Korean domestic steel industry will continue. It was emphasized that the slowing economy, increasing import pressure and rising costs…

European Union crude steel production decreased in March! Crude steel production in the European Union, which includes Germany and Italy, two of the world's leading steel producers, and a total of 27 countries, will continue to decline in the period 2023-2024, according to the…

Welded pipe imports of Türkiye increased by 2.2% in February SteelRadar compiled data from the Turkish Statistical Institute (TUIK) and reported that Türkiye's welded pipe imports in February 2024 increased by 2.2% compared to the same month of the previous year, rising from…

Izdemir made a statement on steel mill capacity increase In its statement in March, İzdemir announced that the machinery and equipment assemblies were completed and cold tests were started while the work on the steel mill investment process was ongoing. In the statement made by…

Africa's crude steel production records an increase According to Worldsteel Association data, worldwide crude steel production was recorded at 161.2 million tons in March 2024, a decrease of 4.3% compared to the same period of the previous year, revealing that steel demand in the…

Crude steel production of Türkiye increased by 18% in March World Steel Association (Worldsteel) announced crude steel production data for March 2024. Crude steel production in Türkiye increased by 18.0% compared to the same period of the previous year and reached 3.2 million…

French steel exports and imports recorded a decrease The value of France's steel exports and imports decreased in 2023 compared to 2022. While the export value decreased by 22.4% in 2023, the import value decreased by 17.8%, ending the year. According to statistics published by…

World crude steel production decreased by 4.3% in March The World Steel Association (WorldSteel) announced the crude steel production figures for March 2024. According to the announced data, world #crudesteel production of 71 countries decreased by 4.3% in March 2024 compared to…

UK has requested an extension of steel safeguard measures The TRA (Trade Remedies Authority) of the United Kingdom has reportedly offered to extend safeguard measures for 15 steel products until June 2026 in order to protect the industry from the increase in imports. In response…

Iron ore prices remain stable A small increase in iron ore prices points to a positive uptrend for April, but increasing port stocks in China remain a concern. Click to view prices ➡ steelradar.com/en/haber/iron-… #ironore Fiyatları görüntülemek için tıklayınız ➡…

Reduction in rebar production in China Rebar production in China fell by 9.5 year-on-year in the period from January to March 2024, reaching 50.15 million tons. The production of rebar in China fell by 9.5% year-on-year in the period from January to March this year, reaching…

Poland's steel consumption decreased by 11% in 2023 In Poland, steel consumption decreased by 11% to 11.8 million tons in 2023 compared to 2022. According to data released by the Polish Association of Steel Distributors (PUDS), steel consumption in Poland decreased by 11% to 11.8…

Russian hot-rolled steel prices fall by 17% The genesis of Russia's steel price turbulence can be traced back to the first half of 2022, a period characterized by a remarkable surge in demand. As economies grappled with the aftermath of the COVID-19 pandemic, pent-up demand…