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Burak Odabasi

Burak is Middle East and African market reporter at Kallanish. He looks after pricing analysis for all carbon and stainless steel products, pig iron and rebar for designated markets, with a particular focus on Gulf countries, South Africa and Egypt. He has over ten years of experience foreign trade business as entrepreneur and worked as coordinator in investment projects mainly in Turkey. Before pandemic he worked as lecturer-tourist guide in Turkey. Burak speaks English, Turkish and intermediate level German

 

28Feb

GCC retail rebar prices increase, re-rollers withhold supply

Gulf Cooperation Council rebar end-use demand has increased, but some re-rollers are withholding supply claiming they …

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28Feb

Suez Canal toll hike seen impacting ferrous freight

Egypt’s Suez Canal Authority (SCA) has increased Suez Canal tolls for both laden and ballast ships …

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28Feb

Saudi Arabia rebar prices hike less than expected

In Saudi Arabia, domestic rebar prices have increased by SAR 50-75/tonne ($13.3-20) for March deliveries.

“The …

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25Feb

UAE rebar retail prices rise, price announcements postponed

In United Arab Emirates, mills Hamriyah and Conares have postponed their March-rolling rebar price announcements. Meanwhile, Union …

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25Feb

Vale’s Mid-East shipments jump sequentially in fourth quarter

Vale’s iron ore and pellet shipments to the Middle East jumped 245.8% on-quarter to 1.68 million …

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24Feb

GCC mills halt rebar offers as billet hikes

In Gulf Cooperation Council countries, some mills have halted rebar sales and adopted a wait-and-see policy …

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23Feb

Rebar prices firm in Iran and Iraq

In Iran this week, the rise in billet prices has been arrested by the government crackdown …

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23Feb

Major mills increase rebar prices in Egypt

Major Egyptian mills have lifted domestic rebar prices by 4-5% or EGP 600-700/tonne ($38-45) to EGP …

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23Feb

MENA’s January output declines sequentially, grows versus 2021

The subdued United Arab Emirates market dragged the combined crude steel output of Middle Eastern countries …

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22Feb

GCC HRC prices seen unsustainable, market expects correction

In the Gulf Cooperation Council hot rolled coil market, prices are unchanged since last week, with …

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