13,744.64 TRY BIST 100 BIST 100
46.28 USD USD USD
6.89 CNY CNY CNY
53.70 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
43.69 TRY Interest Interest
93.67 USD Fossil Oil Fossil Oil
6.21 USD Copper Copper
94.66 USD Silver Silver
102.24 USD Iron Ore Iron Ore
400.00 USD Shipbreaking Scrap Shipbreaking Scrap
6,089.00 TRY Gold (gr) Gold (gr)
102.00 USD Iron Ore 61% Fe Iron Ore 61% Fe

Sims Metal evaluated the earthquake in Turkey and its reflection on production

Sims: The company announced that he expects the steel mills affected by the earthquakes in Turkey to continue production from the end of February to the beginning of March...

Sims Metal evaluated the earthquake in Turkey and its reflection on production

It is known that there is no serious damage that will affect the functional operation of the factories in the earthquake zone in Turkey. Factories have completed damage assessment work related to this situation. It was found that there were no obstacles in starting production. However, it is also known that factory personnel and their relatives were seriously injured by the earthquake. In a post on his social media accounts, Tosyalı announced that there were those who lost their lives among his staff. It is among the information that there are casualties in different factories. As the SteelRadar family, we wish mercy from Allah to those who lost their lives in the earthquake, urgent healing to the injured and condolences to their relatives.

Sims, one of the recycling giants whose name we often hear in scrap purchases, made an assessment about the earthquake

Speaking to foreign market representatives, the CEO of Sims Metal Management, the global recycling industry giant, expects the steel mills in southern Turkey, which were hit by earthquakes on February 6, to recover in late February or early March."
"Sims CEO Alistair Field said that these steel mills, where he received feedback, were not damaged by infrastructure and manpower and that they are now focused on humanitarian aid." 
"There is a blast furnace and five electric arc furnaces in the area hit by the earthquake. They were not damaged by earthquakes, but production has stopped since the disaster.
Sims concluded by saying that the post-disaster restructuring is expected to increase steel demand in the medium term.

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

Ali Sezen: “Ukraine will not be a threat to Turkish steel in the short term; it will become its largest export market”

Tuesday, June 16, 2026

Steel Con signs USD 2 million metal industry investment in East Port Said

Tuesday, June 16, 2026

Oğuzhan Üçok: Even if Hormuz reopens, steel and shipping trade will take 3–4 months to normalize

Tuesday, June 16, 2026

Ali Der: "The reopening of Hormuz will bring at least a 10% price correction in steel prices"

Tuesday, June 16, 2026

LKAB receives environmental approval for mining operations and fossil free sponge iron investment

Tuesday, June 16, 2026
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