12/10/2023 0 Comments Steel orbis news![]() Meanwhile, Aslan stated that the CIB will organize trade delegations to Belgium, the Netherlands, the UK and Poland following Romania, and will also organize a trade delegation to Senegal in the third quarter this year. Regarding the green agreement, Aslan said he thinks that it is easier for Turkey to prepare for the green transformation as 75 percent of the country’s steel production is based on electric arc furnaces. Aslan stated that the electricity and natural gas prices in Turkey may decrease to the same level as Europe from June this year. Aslan said that the earthquakes in the country’s southeastern region did not affect the decline in exports, as 60-70 percent of the 11 million mt of steel produced in Osmaniye, Hatay and Iskenderun was consumed in the domestic market.Įstimating that the country’s steel exports will decrease by 40 percent this year, the CIB chairman stated that Turkey could not exhaust some of its EU import quotas in the first quarter of this year since the country has lost its price advantage in the export markets due to high energy prices. In addition, Mr. Stating that Turkey’s steel exports decreased by 40 percent in the first two months, Mr. Noting that Romania is Turkey’s second largest export market, Adnan Aslan, CIB chairman, said he hopes that 15 percent of Turkey’s exports to Romania will be made by the steel industry in 2023. With the participation of 25 Turkish exporting companies, negotiations were held for new collaborations and joint investments. ![]() The Turkish Steel Exporters’ Association (CIB) has organized a trade delegation visit to Romania, to increase trade volumes. SteelOrbis Conferences, webinars and video interviews can be watched on Steel Video. Our major market-leading conferences and events offer optimum networking opportunities to all participants while adding great value to their business. Turkish Scrap and Steel Products Markets SteelOrbis provides steel prices and steel price index, steel price news, daily steel price reports, steel price graphs, steel price charts, and historical.Research Reports Research Reports Research Reports SteelOrbis is the primary information source preferred by thousands of firms for its up-to-date wire rod prices, wire rod market analyses and news, as it closely follows the main wire rod markets such as Turkey, the US, China, Brazil and Italy.SteelOrbis sheds light on the future of the steel markets! Manage your business with SteelOrbis’ independent price forecasters. Price Forecasters Price Forecasters Price Forecasters.Steel News Steel Matters Interviews Freight News Steel Grade Equivalency Steel Companies.Steel Markets Steel Markets Steel Markets.The sales of the Long Products business accounted for approximately eight percent of Outokumpu’s sales in 2021. The unit delivered 250,000 mt of products to the market in the given year. The Long Product business’ net sales revenues totaled €810 million in 2021. Outokumpu Long Products AB’s units continue their operations for now as part of the Outokumpu, and different options are to be evaluated for the future of the units. Approximately 650 employees in Sheffield, Richburg and Fagersta will transfer to the buyer as a part of the transaction. The transaction does not include Outokumpu Long Products AB operations in Degerfors and Storfors, Sweden. The transaction includes Long Product melting, rod and bar operations in Sheffield, UK bar operations in Richburg, US and the wire rod mill in Fagersta, Sweden. SteelOrbis is the primary information source preferred by thousands of firms for its up-to-date US steel prices, US market analyses and news, as it closely. The company expects to complete the divestment by the end of this year. Follow latest analyses, prices, news and developments related to Mexico on SteelOrbis. Outokumpu will now focus on its core business of flat stainless steel products. You can find latest developments and all news related to Mexico on SteelOrbis. SteelOrbis Conferences, webinars and video interviews can be watched on Steel Video.įinland-based stainless steel producer Outokumpu has announced that it will divest the majority of its Long Product business operations to Italy-based Marcegaglia Steel Group. Approximately 25 fresh news articles on topics most prominently affecting the steel industry at large can be viewed on the steel news pages everyday in four different languages. Turkish Scrap and Steel Products Markets SteelOrbis offers the latest independent steel news coverage compiled by its worldwide steel industry network. ![]()
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