billets News — GMK Center https://gmk.center/en/tag/billets/ This is an informational-analytical, discussion platform Wed, 08 Jul 2026 13:19:45 +0000 en-US hourly 1 https://wordpress.org/?v=7.0 https://gmk.center/wp-content/uploads/2018/11/android-chrome-256x256-36x36.png billets News — GMK Center https://gmk.center/en/tag/billets/ 32 32 <![CDATA[Prices for billets on regional markets fell by $5–15 per tonne in June]]> https://gmk.center/en/news/prices-for-billets-on-regional-markets-fell-by-5-15-per-tonne-in-june/ Wed, 08 Jul 2026 13:31:48 +0000 https://gmk.center/?post_type=news&p=126005 In most regional markets for square billets, prices fell by 5–15 dollars per tonne in June. The Gulf states were an exception, where the war in the region created a unique market situation, and prices rose slightly last month to 517 dollars per tonne. June began without a clear trend in the global square billet […]

The post Prices for billets on regional markets fell by $5–15 per tonne in June appeared first on GMK.

]]> <![CDATA[Billet prices rose by $10–20 per ton in regional markets in May]]> https://gmk.center/en/news/prices-for-raw-materials-rose-by-10-20-per-ton-in-regional-markets-in-may/ Wed, 03 Jun 2026 14:01:10 +0000 https://gmk.center/?post_type=news&p=124432 In most regional billet markets, prices rose slightly in May—by $10–20 per ton. The Gulf countries were an exception, where the war in the region created a unique market situation: prices fell from $518/t to $514/t. Overall, the global square billet market started the month on a positive note following the May holidays. However, by […]

The post Billet prices rose by $10–20 per ton in regional markets in May appeared first on GMK.

]]> <![CDATA[Prices for billets rose by $10–15 per ton in regional markets in April]]> https://gmk.center/en/news/prices-for-billets-rose-by-10-15-per-ton-in-regional-markets-in-april/ Thu, 30 Apr 2026 05:30:59 +0000 https://gmk.center/?post_type=news&p=123107 In most regional markets for square billets, prices rose slightly in April—by $10–15 per ton. The exception was the Persian Gulf countries, where prices fell by $8 to $516/t (CFR), after average prices had previously surged by $79 per ton in March due to logistical issues stemming from the war in the region and a […]

The post Prices for billets rose by $10–15 per ton in regional markets in April appeared first on GMK.

]]> <![CDATA[Imports of semi-finished products to the EU rose by a third in 2025]]> https://gmk.center/en/infographic/imports-of-semi-finished-products-to-the-eu-rose-by-a-third-in-2025/ Mon, 06 Apr 2026 06:00:44 +0000 https://gmk.center/?post_type=infographic&p=122267 In 2025, the European Union (EU) significantly increased its imports of semi-finished steel products. Total imports reached 8.91 million tons, a 34.6% year-on-year increase — the highest figure in recent years. For comparison: in 2024, imports amounted to 6.62 million tons, and in 2023 – 7.03 million tons. Slabs remained the key product category. Imports […]

The post Imports of semi-finished products to the EU rose by a third in 2025 appeared first on GMK.

]]> <![CDATA[Billet prices rose by $10–40 per ton in March in regional markets]]> https://gmk.center/en/news/billet-prices-rose-by-10-40-per-ton-in-march-in-regional-markets/ Wed, 01 Apr 2026 16:28:18 +0000 https://gmk.center/?post_type=news&p=122168 In most regional markets for square billets, prices rose by $10–40 per ton in March. A record increase of $80 per ton—unprecedented in other markets—was recorded in the Gulf countries, at the epicenter of the conflict surrounding Iran. At the beginning of the month, due to the conflict in the Middle East, prices rose amid […]

The post Billet prices rose by $10–40 per ton in March in regional markets appeared first on GMK.

]]> <![CDATA[Prices for billets fell by $5–10 per tonne on regional markets in February]]> https://gmk.center/en/news/prices-for-billets-fell-by-5-10-per-tonne-on-regional-markets-in-february/ Thu, 05 Mar 2026 14:51:00 +0000 https://gmk.center/?post_type=news&p=120968 In February, regional markets for square billets mostly saw a slight decline in prices of $5–10 per ton. At the beginning of the month, several regional markets saw active trading, but price changes were minimal. In the middle of the period, prices remained stable, although negative expectations prevailed in the market due to the lull […]

The post Prices for billets fell by $5–10 per tonne on regional markets in February appeared first on GMK.

]]> <![CDATA[In regional markets, prices for billets rose by $5–10 per ton in January]]> https://gmk.center/en/news/in-regional-markets-prices-for-billets-rose-by-5-10-per-ton-in-january/ Wed, 11 Feb 2026 10:21:05 +0000 https://gmk.center/?post_type=news&p=119929 In January, regional markets for square billets mostly saw a slight increase in prices of $5–10 per ton. In particular, average prices on the Black Sea billet market rose by $5 – to $443/t in January. At the beginning of the month, price increases in the main billet markets were driven by moderately positive expectations […]

The post In regional markets, prices for billets rose by $5–10 per ton in January appeared first on GMK.

]]> <![CDATA[Billets prices in December were $438/t on the Black Sea market]]> https://gmk.center/en/news/billets-prices-in-december-were-438-t-on-the-black-sea-market/ Mon, 19 Jan 2026 15:09:15 +0000 https://gmk.center/?post_type=news&p=118894 In December, regional markets for square billets mostly saw slight price increases of up to $5 per ton (except for the Italian market, where the increase was $22), although weak demand prevailed almost everywhere. At the beginning of the month, most major markets saw a cautious upward trend due to improved sentiment in Asia. At […]

The post Billets prices in December were $438/t on the Black Sea market appeared first on GMK.

]]> <![CDATA[Exporters plan to raise prices by $2–3 on the Black Sea market for billets]]> https://gmk.center/en/news/exporters-plan-to-raise-prices-by-2-3-on-the-black-sea-market-for-billets/ Thu, 13 Nov 2025 04:00:49 +0000 https://gmk.center/?post_type=news&p=115858 The global square billet market saw mixed trends in October. Negative sentiment prevailed during the first half of the month due to the weak market in China, although the situation in Turkey improved. In the second half of October, most regional billet markets saw a cautious upward trend driven by improved sentiment in Asia, but […]

The post Exporters plan to raise prices by $2–3 on the Black Sea market for billets appeared first on GMK.

]]> <![CDATA[Kametstal doubles production of high-quality billets at continuous casting machine No. 1]]> https://gmk.center/en/news/kametstal-doubles-production-of-high-quality-billets-at-continuous-casting-machine-no-1/ Thu, 11 Sep 2025 03:16:38 +0000 https://gmk.center/?post_type=news&p=113198 The Kametstal steel plant continues to strengthen its position in the market, where one of the key trends is the growing demand for continuously cast steel billets produced using the stop casting technology. Thanks to systematic measures and equipment modernization, the company has significantly increased its output of high-quality products. On continuous casting machine No. […]

The post Kametstal doubles production of high-quality billets at continuous casting machine No. 1 appeared first on GMK.

]]> <![CDATA[Prices for square billets declined in August]]> https://gmk.center/en/news/prices-for-square-billets-declined-in-august/ Fri, 05 Sep 2025 10:59:18 +0000 https://gmk.center/?post_type=news&p=113027 The global square billet market was stable in August, but the context was quite negative, with participants lacking the traditional autumn optimism. Prices for billets remained relatively stable in most major markets, although there was a gradual decline due to weak demand in China. Square billet prices in most regional markets fell by an average […]

The post Prices for square billets declined in August appeared first on GMK.

]]> <![CDATA[Turkey increased imports of billets from Ukraine by 70.6% year-on-year during January–June]]> https://gmk.center/en/news/turkey-increased-imports-of-billets-from-ukraine-by-70-6-year-on-year-during-january-june/ Wed, 13 Aug 2025 13:48:55 +0000 https://gmk.center/?post_type=news&p=112578 According to the results for January–June 2025, metallurgical enterprises in Turkey increased imports of steel billet from Ukraine by 70.6% compared to the same period in 2024, reaching 98.82 thousand t. This was reported by SteelOrbis, citing data from the Turkish Statistical Institute. In June, the volume of Ukrainian semifinished products supplied to the Turkish […]

The post Turkey increased imports of billets from Ukraine by 70.6% year-on-year during January–June appeared first on GMK.

]]> <![CDATA[Square billet prices rose $10-20 per ton in July]]> https://gmk.center/en/news/square-billet-prices-lost-up-to-10-per-ton-in-may/ Fri, 08 Aug 2025 07:53:26 +0000 https://gmk.center/?post_type=news&p=109664 Prices for square billet in most regional markets in July increased slightly by $10-20/t on average, which was due to the recovery of the Chinese market. More precisely, suppliers from other countries increased billet prices following the trend in the Chinese domestic market. There is price stability on the Black Sea market of square billets […]

The post Square billet prices rose $10-20 per ton in July appeared first on GMK.

]]> <![CDATA[The dragon is coming: the long steel market is bursting at the seams]]> https://gmk.center/en/opinion/the-dragon-is-coming-the-long-steel-market-is-bursting-at-the-seams/ Wed, 16 Jul 2025 06:00:33 +0000 https://gmk.center/?post_type=opinion&p=111424 The full text of the GMK Center study “The impact of tariff wars and geopolitics on the Ukrainian steel market” is available at the link. This year, steel exports from China may set another record: in the first five months of 2025, exports of finished steel products and semi-finished products grew by 16% y/y – […]

The post The dragon is coming: the long steel market is bursting at the seams appeared first on GMK.

]]> <![CDATA[Prices for square billets stabilized in June]]> https://gmk.center/en/news/prices-for-square-billets-stabilized-in-june/ Sun, 13 Jul 2025 06:03:14 +0000 https://gmk.center/?post_type=news&p=111323 Prices for square billets in most regional markets remained stable in June, with a slight downward correction to $5/t. This is due to weak export demand in most countries. The Black Sea market for square billets (on Black Sea FOB terms) is seeing price stability. Quotations for the product in June fluctuated in the range […]

The post Prices for square billets stabilized in June appeared first on GMK.

]]> <![CDATA[Square billet prices lost up to $10 per ton in May]]> https://gmk.center/en/news/square-billet-prices-lost-up-to-10-per-ton-in-may-2/ Wed, 04 Jun 2025 05:00:28 +0000 https://gmk.center/?post_type=news&p=109788 Prices for square billets on most regional markets in May were quite stable, with a slight downward correction to $10/t, which is associated with weak export demand. In the middle of the month, some markets saw price growth of $5/t, but by the end of the period prices returned to the level of early May. […]

The post Square billet prices lost up to $10 per ton in May appeared first on GMK.

]]> <![CDATA[Kazakhstan is preparing a six-month ban on billet exports]]> https://gmk.center/en/news/kazakhstan-is-preparing-a-six-month-ban-on-billet-exports/ Thu, 29 May 2025 07:21:13 +0000 https://gmk.center/?post_type=news&p=109603 Kazakh authorities are preparing a six-month ban on the export of steel billets. The Ministry of Industry and Construction has drafted a decree on some issues related to the regulation of steel billets exports, which is available for public discussion until June 11. According to the document, the export of iron and unalloyed steel in […]

The post Kazakhstan is preparing a six-month ban on billet exports appeared first on GMK.

]]> <![CDATA[Middle East billet prices fell by $3/t in early May]]> https://gmk.center/en/news/middle-east-billet-prices-fell-by-3-t-in-early-may/ Mon, 05 May 2025 14:07:22 +0000 https://gmk.center/?post_type=news&p=108716 The indicative price of iron steel in the Gulf countries fell from $447/t to $444/t CFR from April 25 to May 2, according to Kallanish. The drop was caused by aggressive marketing by foreign producers. Thus, during this period, Kuwait recorded offers of Iranian billets at $435/t CFR, and Oman – $440/t CFR. This is […]

The post Middle East billet prices fell by $3/t in early May appeared first on GMK.

]]> <![CDATA[The National Bank expects lower prices for billets and iron ore in 2025]]> https://gmk.center/en/news/the-national-bank-expects-lower-prices-for-billets-and-iron-ore-in-2025/ Fri, 25 Apr 2025 14:16:34 +0000 https://gmk.center/?post_type=news&p=108340 The National Bank of Ukraine (NBU) estimates that by 2025, average prices for steel billets may decline by 5.2% y/y – to $478.1 per tonne (FOB Ukraine) and for iron ore by 11.3% y/y – to $97 per tonne (China import Iron Ore Fines 62% Fe). These price assumptions are provided in the NBU’s inflation […]

The post The National Bank expects lower prices for billets and iron ore in 2025 appeared first on GMK.

]]> <![CDATA[Middle East billet producers suffer losses due to falling demand]]> https://gmk.center/en/news/middle-east-billet-producers-suffer-losses-due-to-falling-demand/ Sat, 19 Apr 2025 12:00:42 +0000 https://gmk.center/?post_type=news&p=108059 In the first half of April, bids for commercial billets in the Gulf Council countries decreased by $11/t to $449/t CFR as of April 18. According to Kallanish, this week a number of mills in Saudi Arabia were forced to sell billets at $520/t EXW. At the same time, the estimated breakeven level for them […]

The post Middle East billet producers suffer losses due to falling demand appeared first on GMK.

]]> <![CDATA[Turkey increased its imports of billets from Ukraine by 65% y/y in January-February]]> https://gmk.center/en/news/turkey-increased-its-imports-of-billets-from-ukraine-by-65-y-y-in-january-february/ Fri, 11 Apr 2025 11:11:51 +0000 https://gmk.center/?post_type=news&p=107761 In January-February 2025, Turkish metallurgical enterprises increased imports of steel billets from Ukraine by 64.7% compared to the same period in 2024, up to 50.51 thousand tons. This is reported by SteelOrbis with reference to data from the Turkish Statistical Institute. In February, the volume of supplies of Ukrainian semi-finished products to the Turkish market […]

The post Turkey increased its imports of billets from Ukraine by 65% y/y in January-February appeared first on GMK.

]]> <![CDATA[Middle East billet prices show weak growth in late March]]> https://gmk.center/en/news/middle-east-billet-prices-show-weak-growth-in-late-march/ Thu, 27 Mar 2025 13:44:11 +0000 https://gmk.center/?post_type=news&p=106962 GCC steel billet prices rose from $457/t to $460/t CFR between March 14 and March 28, according to Kallanish. This is $3/t lower than at the start of the month. Iranian bids are $443-445/t CFR from Kuwait, Oman and UAE ports for May delivery and remain stable. Chinese producers cut their bids by $5-7/t to […]

The post Middle East billet prices show weak growth in late March appeared first on GMK.

]]> <![CDATA[Asian billet prices continue to decline]]> https://gmk.center/en/news/asian-billet-prices-continue-to-decline/ Wed, 05 Mar 2025 15:56:04 +0000 https://gmk.center/?post_type=news&p=105985 Asian billet bids have eased slightly amid weak consumer demand in China. The cuts include both futures and spot prices. According to SteelOrbis, the weekly decline on FOB China terms as of March 5 was 1,14%. The decline of 1,14% was also recorded on a monthly basis, compared to February 5. In the first decade […]

The post Asian billet prices continue to decline appeared first on GMK.

]]> <![CDATA[Kamet-steel increases billet production using new technology]]> https://gmk.center/en/news/kamet-steel-increases-billet-production-using-new-technology/ Wed, 12 Feb 2025 13:49:37 +0000 https://gmk.center/?post_type=news&p=105284 In 2024, Kamet-steel’s BOF Shop reached a new level in the development of continuous casting technology using locking mechanisms on continuous casting machine No. 1. Thanks to this technology, the company has expanded its range of high-quality products and increased its output, the company said in a statement. The main feature of stop-casting is to […]

The post Kamet-steel increases billet production using new technology appeared first on GMK.

]]> <![CDATA[Deliveries of Ukrainian billets to Turkey increased by 3.1 times y/y over 10 months]]> https://gmk.center/en/news/deliveries-of-ukrainian-billets-to-turkey-increased-by-3-1-times-y-y-over-10-months/ Mon, 09 Dec 2024 13:04:24 +0000 https://gmk.center/?post_type=news&p=103253 In January-October 2024, Turkey increased imports of steel billets from Ukraine by 3.1 times compared to the same period in 2023 – up to 177.01 thousand tons. This is evidenced by data from the Turkish Statistical Institute (TUIK), SteelOrbis reports. In general, Turkish consumers imported 2.8 million tons of billets in 10 months, which is 5.3% […]

The post Deliveries of Ukrainian billets to Turkey increased by 3.1 times y/y over 10 months appeared first on GMK.

]]> <![CDATA[ArcelorMittal Kryvyi Rih produced a record 60 melts per series at CCM №2]]> https://gmk.center/en/news/arcelormittal-kryvyi-rih-produced-a-record-60-melts-per-series-at-ccm-2/ Wed, 20 Nov 2024 11:14:20 +0000 https://gmk.center/?post_type=news&p=102614 ArcelorMittal Kryvyi Rih’s steelmakers set a record by completing 60 melts in one batch at continuous casting machine (CCM) No. 2. This figure was made possible by improved technological processes and teamwork, reports Metallurg newspaper. The achievement demonstrates not only the high level of professionalism of employees but also has important economic implications. “Records are […]

The post ArcelorMittal Kryvyi Rih produced a record 60 melts per series at CCM №2 appeared first on GMK.

]]> <![CDATA[Deliveries of Ukrainian billets to Turkey increased by 2.3 times y/y over 9 months]]> https://gmk.center/en/news/deliveries-of-ukrainian-billets-to-turkey-increased-by-2-3-times-y-y-over-9-months/ Mon, 04 Nov 2024 10:30:09 +0000 https://gmk.center/?post_type=news&p=102025 In January-September 2024, Turkey increased imports of steel billets from Ukraine by 2.3 times compared to the same period in 2023 – up to 129.4 thousand tons. This is evidenced by data from the Turkish Statistical Institute (TUIK), Kallanish reports. In general, Turkish consumers imported 2.08 million tons of billets in 9 months, which is […]

The post Deliveries of Ukrainian billets to Turkey increased by 2.3 times y/y over 9 months appeared first on GMK.

]]> <![CDATA[Deliveries of Ukrainian billets to Turkey increased by 2.3 times y/y over 8 months]]> https://gmk.center/en/news/deliveries-of-ukrainian-billets-to-turkey-increased-by-2-3-times-y-y-over-8-months/ Tue, 08 Oct 2024 11:34:19 +0000 https://gmk.center/?post_type=news&p=101099 In January-August 2024, Turkey increased imports of steel billets from Ukraine by 2.3 times compared to the same period in 2023 – up to 108.51 thousand tons. This is evidenced by data from the Turkish Statistical Institute (TUIK), SteelOrbis reports. In general, Turkish consumers imported 1.86 million tons of billets in 8 months, which is […]

The post Deliveries of Ukrainian billets to Turkey increased by 2.3 times y/y over 8 months appeared first on GMK.

]]> <![CDATA[Turkey increased imports of billets from Ukraine by 98% y/y in January-July]]> https://gmk.center/en/news/turkey-increased-imports-of-billets-from-ukraine-by-98-y-y-in-january-july/ Wed, 11 Sep 2024 09:03:26 +0000 https://gmk.center/?post_type=news&p=100175 In January-July 2024, Turkish steel companies increased imports of steel billets from Ukraine by 98.3% compared to the same period in 2023, up to 94.95 thousand tonnes. This is evidenced by data from the Turkish Statistical Institute (TUIK), SteelOrbis reports. In July 2024, Turkey imported 37.02 thousand tonnes of Ukrainian billets, up 114.5% compared to […]

The post Turkey increased imports of billets from Ukraine by 98% y/y in January-July appeared first on GMK.

]]> <![CDATA[Turkey increased import of billets from Ukraine by 2.9 times y/y in January-June]]> https://gmk.center/en/news/turkey-increased-import-of-billets-from-ukraine-by-2-9-times-y-y-in-january-june/ Thu, 15 Aug 2024 10:21:54 +0000 https://gmk.center/?post_type=news&p=99756 In January-June 2024, Turkish steel companies increased the import of steel billets from Ukraine by 195.6% compared to the same period in 2023 – to 57.91 thousand tons. This is evidenced by the data of the Turkish Statistical Institute (TUIK), SteelOrbis reports. In June 2024, Turkey imported 17.26 thousand tons of Ukrainian-made billets, which is […]

The post Turkey increased import of billets from Ukraine by 2.9 times y/y in January-June appeared first on GMK.

]]> <![CDATA[Turkey increased imports of billets from Ukraine by 2 times y/y in January-May]]> https://gmk.center/en/news/turkey-increased-imports-of-billets-from-ukraine-by-2-times-y-y-in-january-may/ Wed, 10 Jul 2024 11:21:25 +0000 https://gmk.center/?post_type=news&p=98561 In January-May 2024, Turkish steel companies increased imports of steel billets from Ukraine by 107.5% compared to the same period in 2023, up to 40.65 thousand tons. This is evidenced by data from the Turkish Statistical Institute (TUIK), SteelOrbis reports. In May of this year, Turkey imported 10 thousand tons of Ukrainian-made billets, which is […]

The post Turkey increased imports of billets from Ukraine by 2 times y/y in January-May appeared first on GMK.

]]> <![CDATA[Turkey imported 9.68 thousand tons of steel billets from Ukraine in February]]> https://gmk.center/en/news/turkey-imported-9-68-thousand-tons-of-steel-billets-from-ukraine-in-february/ Wed, 10 Apr 2024 12:10:33 +0000 https://gmk.center/?post_type=news&p=95706 Turkey imported 9.68 thousand tons of steel billets from Ukraine in February 2024. This is reported by Steel Orbis with reference to data from the Turkish Statistical Institute (TUIK). In January-February 2024, the country imported a total of 30.68 thousand tons of Ukrainian billets. In January 2023, Turkish steelmakers did not import the relevant products, […]

The post Turkey imported 9.68 thousand tons of steel billets from Ukraine in February appeared first on GMK.

]]> <![CDATA[Türkiye imported 21 thousand tons of steel billets from Ukraine in January]]> https://gmk.center/en/news/turkiye-imported-21-thousand-tons-of-steel-billets-from-ukraine-in-january/ Fri, 15 Mar 2024 03:42:57 +0000 https://gmk.center/?post_type=news&p=94714 In January 2024, Türkiye imported 20.97 thousand tons of steel billets from Ukraine. In January 2023, Turkish steelmakers did not import any such products. The last time Ukrainian products were imported was in November 2023. This is reported by SteelOrbis with reference to data from the Turkish Statistical Institute (TUIK). The total volume of steel […]

The post Türkiye imported 21 thousand tons of steel billets from Ukraine in January appeared first on GMK.

]]> <![CDATA[Türkiye imported 28.3 thousand tons of steel billets from Ukraine in July]]> https://gmk.center/en/news/turkiye-imported-28-3-thousand-tons-of-steel-billets-from-ukraine-in-july/ Wed, 20 Sep 2023 02:54:46 +0000 https://gmk.center/?post_type=news&p=88207 In 2023, Turkish steel companies imported 28.3 thousand tons of steel billets from Ukraine, while in July 2022 there were no imports. This is evidenced by data from the Turkish Statistical Institute (TUIK), reports SteelOrbis. In January-July, Turkish imports of billets from Ukraine decreased by 45.55 compared to the same period in 2022. Over 7 […]

The post Türkiye imported 28.3 thousand tons of steel billets from Ukraine in July appeared first on GMK.

]]> <![CDATA[What to expect in the EU square billet market: the role of Ukraine and Turkiye]]> https://gmk.center/en/posts/what-to-expect-in-the-eu-square-billet-market-the-role-of-ukraine-and-turkiye/ Thu, 27 Jul 2023 11:36:05 +0000 https://gmk.center/?post_type=posts&p=86415 The war in Ukraine has significantly changed the supply chains of many types of steel products and raw materials. The hostilities and their consequences affected the supply of semi-finished products to the European Union and, in particular, square billets from Ukraine. Europe did not immediately close its market from the supply of semi-finished products from […]

The post What to expect in the EU square billet market: the role of Ukraine and Turkiye appeared first on GMK.

]]> <![CDATA[Turkiye increased steel billet imports by 33% m/m in May]]> https://gmk.center/en/news/turkiye-increased-steel-billet-imports-by-33-m-m-in-may/ Wed, 05 Jul 2023 10:41:19 +0000 https://gmk.center/?post_type=news&p=85543 Turkiye in May 2023 increased imports of steel billets (HS code 720711) by 33% compared to May last year – up to 311.89 thousand tons. However, the figure decreased by 23% compared to April, when the largest volume of supplies was recorded in June 2016. Kallanish reports about it. Among the main import suppliers of […]

The post Turkiye increased steel billet imports by 33% m/m in May appeared first on GMK.

]]> <![CDATA[Russian billet is losing demand on export markets]]> https://gmk.center/en/news/russian-billet-is-losing-demand-on-export-markets/ Mon, 22 May 2023 08:57:21 +0000 https://gmk.center/?post_type=news&p=83801 Russian steel billet is losing demand in export markets despite its low cost compared to offers on world markets. According to Kallanish, as of May 19, 2023, billet quotations in Black Sea ports were $520-530/t FOB, which is 1.8% less compared to the previous week. Prices for semi-finished products began to decrease for the first […]

The post Russian billet is losing demand on export markets appeared first on GMK.

]]> <![CDATA[The SBI seized more than 500 tons of Russian steel billet in the port of Odesa region]]> https://gmk.center/en/news/the-sbi-seized-more-than-500-tons-of-russian-steel-billet-in-the-port-of-odesa-region/ Tue, 25 Apr 2023 06:55:00 +0000 https://gmk.center/?post_type=news&p=82667 The State Bureau of Investigation (SBI) seized and handed over to the Asset recovery and management agency (ARMA) more than 500 tons of alloy steel billets belonging to Russian enterprises. This is stated in the department’s press release. The employees of the State Bureau of Investigation discovered and seized steel products on the territory of […]

The post The SBI seized more than 500 tons of Russian steel billet in the port of Odesa region appeared first on GMK.

]]> <![CDATA[Kazakhstan to build a new plant for the production of billets]]> https://gmk.center/en/news/kazakhstan-to-build-a-new-plant-for-the-production-of-billets/ Mon, 24 Oct 2022 15:07:16 +0000 https://gmk.center/?post_type=news&p=73390 QazSpecSteel LLC plans to invest $587 million in the construction of a plant for the production of steel billets with a capacity of 800 thousand tons in Aktobe (Kazakhstan). Forbes.kz reports about it. Last week, the regional authorities signed a memorandum of understanding with the company as part of the Kazakhstan Global Investment Roundtable. The […]

The post Kazakhstan to build a new plant for the production of billets appeared first on GMK.

]]> <![CDATA[Turkey reduced imports of Ukrainian billets by 66% in January-May]]> https://gmk.center/en/news/turkey-reduced-imports-of-ukrainian-billets-by-66-in-january-may/ Fri, 08 Jul 2022 10:09:25 +0000 https://gmk.center/?post_type=news&p=67496 In January-May 2022, Turkish steel enterprises reduced billet imports from Ukraine by 66.2% compared to the same period in 2021 – to 87.8 thousand tons. This was reported by Steel Orbis with reference to data from the Turkish Statistical Institute (TUIK). From March to April, the export of Ukrainian semi-finished products to Turkey stopped due […]

The post Turkey reduced imports of Ukrainian billets by 66% in January-May appeared first on GMK.

]]> <![CDATA[Taiwanese steelmakers suspect Chinese traders of selling Russian steel]]> https://gmk.center/en/news/taiwanese-steelmakers-suspect-chinese-traders-of-selling-russian-steel/ Mon, 20 Jun 2022 04:44:06 +0000 https://gmk.center/?post_type=news&p=66322 Taiwan suspects Chinese traders of selling cheap Russian steel products on the local market, causing serious damage to local producers, Yeih.com wrote. More than 100,000 tons of Russian cheap slabs and hot-rolled products, which are under Western sanctions, have recently popped up on the Taiwanese market thanks to Chinese sellers. Products at a reduced price […]

The post Taiwanese steelmakers suspect Chinese traders of selling Russian steel appeared first on GMK.

]]> <![CDATA[Turkey in January-April reduced imports of billets from Ukraine by 64%]]> https://gmk.center/en/news/turkey-in-january-april-reduced-imports-of-billets-from-ukraine-by-64/ Fri, 10 Jun 2022 18:33:09 +0000 https://gmk.center/?post_type=news&p=65921 In January-April 2022, Turkish metallurgical enterprises reduced the import of billets from Ukraine by 64.3% compared to the corresponding period of 2021, to 84.78 thousand tons, Steel Orbis reported citing Turkish Statistical Institute. Since March, exports of Ukrainian semi-finished products to Turkey have stopped due to Russia’s invasion of Ukraine and the blockade of Ukrainian […]

The post Turkey in January-April reduced imports of billets from Ukraine by 64% appeared first on GMK.

]]> <![CDATA[Turkey reduced imports of billets from Ukraine by 50% in Q1 2022]]> https://gmk.center/en/news/turkey-reduced-imports-of-billets-from-ukraine-by-50-in-q1-2022/ Fri, 13 May 2022 05:19:00 +0000 https://gmk.center/?post_type=news&p=64346 In the first quarter of 2022, Turkish steel plants reduced the import of billets from Ukraine by 49.5% compared to the same period of 2021, to 84.8 thousand tons, Steel Orbis with reference to the Turkish Statistical Institute (TUIK) reported. In March, exports of Ukrainian semi-finished products to Turkey stopped due to Russia’s invasion of […]

The post Turkey reduced imports of billets from Ukraine by 50% in Q1 2022 appeared first on GMK.

]]> <![CDATA[Turkey increased imports of billets from Ukraine by 28% in 5M]]> https://gmk.center/en/news/turkey-increased-imports-of-billets-from-ukraine-by-28-in-5m/ Thu, 29 Jul 2021 06:01:51 +0000 https://gmk.center/?post_type=news&p=48208 In January–May 2021, Turkey’s steelmakers ramped up imports of billets from Ukraine by 28% to 259.5 thousand tons y-o-y, according to Steel Orbis citing the Turkish Statistical Institute (TUIK). In May, Turkey cut imports of billets from Ukraine by 10.5% to 22.3 thousand tons. In January–May in total, Turkish steel producers increased imports of billets by 178.3% to 1.63 million tons […]

The post Turkey increased imports of billets from Ukraine by 28% in 5M appeared first on GMK.

]]> <![CDATA[Interpipe increased production of railway products by 16.7% in January–April]]> https://gmk.center/en/news/interpipe-increased-production-of-railway-products-by-16-7-in-january-april/ Fri, 05 Jun 2020 06:01:02 +0000 https://gmk.center/?post_type=news&p=26078 In January–April 2020, Interpipe, a Ukrainian industrial company, increased production of railway products by 16.7% to 75.8 thousand tons compared to the same period of the previous year, according to the press release on the Company’s website. Over the first four months of the current year, pipe production decreased by 31.9% to 141.7 thousand tons, and steel production declined by […]

The post Interpipe increased production of railway products by 16.7% in January–April appeared first on GMK.

]]>