Iron and Steel Markets

10,853.49 TRY BIST 100 BIST 100

47.04 EUR EUR EUR

40.67 USD USD USD

5.70 CNY CNY CNY

0.12 CNY CNY/EUR CNY/EUR

39.78 TRY Interest Interest

68.54 USD Fossil Oil Fossil Oil

48.98 USD Silver Silver

4.45 USD Copper Copper

101.64 USD Iron Ore Iron Ore

332.00 USD Shipbreaking Scrap Shipbreaking Scrap

4,407.48 TRY Gold (gr) Gold (gr)

• Tuesday, August 5, 2025

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Iron and Steel Indices, Price and News

Iron and Steel Markets

NEOM Port reduces transit time on the Egypt-Saudi Arabia-Iraq route by more than 50%

Pyro Green-Gas has completed the installation of a hydrogen production and gas purification system at Tata Steel's facility in India

Australian iron ore power shows signs of decline

US scrap exports decreased by 19% y/y in May

Steel spirals dangerously: Excess capacity threatens global balance

SeaLead canceled the charter contracts of 16 vessels

JSW and JFE Steel to invest USD 665 million in India

The US's weekly crude steel production increased by 4.5% y/y

Price pressure and demand uncertainty in the global stainless steel market

Statement from ÇİB on the EU's scrap surveillance system

Egypt aims to produce automotive sheet metal locally

Türkiye's iron ore imports increased by 18% in June

Merz: Germany needs a strong steel strategy

South Africa chooses Türkiye as its priority trade partner against US tariffs

Steel prices in the Middle East shaped by production and demand dynamics

Iran's steel sector is struggling with an energy crisis: uninterrupted production in only one month out of 12

BlueScope-led consortium considers takeover of Australia's Whyalla steel mill

Japan Steel Works announced growth above expectations in the first quarter of fiscal 2026

Nippon Steel to fully acquire Kurosaki Harima

voestalpine has produced the world's first hydrogen-based rail

Canada has launched an investigation into the termination of measures on imported rebar from three countries, including Türkiye

SAIL strengthens Bhilai plate mill with Danieli technology

Negotiations between the US and China on rare earth elements trade have reached the halfway point

July inflation numbers have been announced

Sinosteel signed an agreement with AMTPJ for a seamless steel pipe heat treatment line

POSCO contributes to Aramco's gas plant expansion with HIC-resistant steel

Türkiye's rebar exports increased by 40.8% in June

TÇÜD: Türkiye's crude steel production decreased by 3.5% in June

EIB delivered TRY 1 billion 60 million of state aid to exporters

Türkiye–Syria natural gas pipeline launched: shipments begin with daily capacity of 6 million cubic meters

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