14,442.56 TRY BIST 100 BIST 100
52.67 EUR EUR EUR
45.05 USD USD USD
6.63 CNY CNY CNY
0.13 CNY CNY/EUR CNY/EUR
41.22 TRY Interest Interest
107.54 USD Fossil Oil Fossil Oil
5.97 USD Copper Copper
109.46 USD Silver Silver
107.86 USD Iron Ore Iron Ore
378.00 USD Shipbreaking Scrap Shipbreaking Scrap
6,684.34 TRY Gold (gr) Gold (gr)
107.00 USD Iron Ore 61% Fe Iron Ore 61% Fe

HBIS Serbia leaves a blast furnace in Smederevo idle

HBIS Serbia, one of the largest steelmakers, will keep the operating level of the number one blast furnace in Smederevo to a minimum due to weak demand.

HBIS Serbia leaves a blast furnace in Smederevo idle

HBIS is known as the first manufacturer outside of ArcelorMittal to leave a furnace open idle. It is currently preparing to put the furnace idle to adapt to the market environment and is said to be restarted when conditions allow.

In addition to weak demand, rising gas costs are also affecting producers. A smaller Visegrad mill has stopped all its rolling lines due to lackluster buying and high conversion costs and is casting slabs for the commercial market.

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

Iran claims it struck a U.S. warship in the Strait of Hormuz

Monday, May 4, 2026

Kardemir shares hit the upper limit

Monday, May 4, 2026

AM/NS India commissions automotive steel production line at Hazira

Monday, May 4, 2026

UAE says ADNOC tanker targeted by drones in the Strait of Hormuz

Monday, May 4, 2026

U.S. launches countervailing duty investigation into wire rod imports from Algeria

Monday, May 4, 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