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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

 

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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22Feb

Strong iron ore, premiums elevate Kumba earnings

South African miner Kumba saw revenue surge 27% on-year in 2021 to ZAR 102.1 billion ($6.73 billion) …

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22Feb

Elevated prices boost Al Jazeera earnings

Oman-based re-roller Al Jazeera Steel (AJS)’s consolidated sales grew 10% on-year in 2021 to 405,120 tonnes, …

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21Feb

Saudi rebar market awaits March-delivery prices amid uptrend

In Saudi Arabia, the rebar price gap between large producers and medium-capacity mills has narrowed to …

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21Feb

Kuwait rebar prices hike on firming regional sentiment

Kuwait’s largest producer has inched up its 8-40mm diameter rebar price, effective this week, by KD …

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21Feb

Bahrain’s Unirol resumes operation with rebar price increase

Bahrain’s sole rebar rolling mill, Universal Rolling (Unirol), has increased its 8-32mm rebar quote by BD …

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21Feb

Emirates Steel hikes rebar but absorbs some cost

A subdued United Arab Emirates rebar market has obtained some relief after Emirates Steel (ESI) increased …

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