9,078.43 TRY BIST 100 BIST 100
38.44 USD USD USD
5.32 CNY CNY CNY
43.57 EUR EUR EUR
0.12 CNY CNY/EUR CNY/EUR
46.98 TRY Interest Interest
62.41 USD Fossil Oil Fossil Oil
40.43 USD Silver Silver
4.69 USD Copper Copper
98.19 USD Iron Ore Iron Ore
325.00 USD Shipbreaking Scrap Shipbreaking Scrap
4,035.64 TRY Gold (gr) Gold (gr)

MMK Metalurji hot rolled coil production line suspended again

MMK Metalurji's hot rolled coil production line, which started production in April, has been suspended again.

MMK Metalurji hot rolled coil production line suspended again

In anticipation of high demand for hot rolled coil as a result of the earthquake in Turkey, the hot rolled coil production line at MMK Metalurji Steelworks started up again in early April.

The company's production, however, decreased as a result of unfavorable factors like lower-than-expected demand for hot rolled coil, a decline in demand prior to the elections, and low prices for imported inputs dominating the local market. As a result, the production line was again suspended.

Depending on the volume of orders, the timing of the restart will vary, but June is the most likely month for a complete return to production.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Odisha aims to triple steel production capacity by 2030

Wednesday, April 30, 2025

Vallourec signs USD 130 million OCTG steel pipe supply contract in Kuwait

Wednesday, April 30, 2025

TUBACEX IBF Kazakhstan to build seamless pipe production plant in Kazakhstan

Wednesday, April 30, 2025

"We Meet at the Great Summit of Steel"

Wednesday, April 30, 2025

Saudi Steel Pipe reports a 9% profit decline in Q1 2025

Friday, May 2, 2025
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now