9,672.75 TRY BIST 100 BIST 100
35.24 USD USD USD
36.64 EUR EUR EUR
4.86 CNY CNY CNY
0.13 CNY CNY/EUR CNY/EUR
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2,616.87 TRY Gold (gr) Gold (gr)
9,672.75 TRY BIST 100 BIST 100
35.24 USD USD USD
36.64 EUR EUR EUR
4.86 CNY CNY CNY
0.13 CNY CNY/EUR CNY/EUR
43.44 TRY Interest Interest
73.58 USD Fossil Oil Fossil Oil
29.72 USD Silver Silver
4.10 USD Copper Copper
101.01 USD Iron Ore Iron Ore
355.00 USD Shipbreaking Scrap Shipbreaking Scrap
2,616.87 TRY Gold (gr) Gold (gr)
9,672.75 TRY BIST 100 BIST 100
35.24 USD USD USD
36.64 EUR EUR EUR
4.86 CNY CNY CNY
0.13 CNY CNY/EUR CNY/EUR
43.44 TRY Interest Interest
73.58 USD Fossil Oil Fossil Oil
29.72 USD Silver Silver
4.10 USD Copper Copper
101.01 USD Iron Ore Iron Ore
355.00 USD Shipbreaking Scrap Shipbreaking Scrap
2,616.87 TRY Gold (gr) Gold (gr)

CIEC Director Yasin Kanbur highlights steel and green energy at Global Steel Summit panel

Yasin Kanbur, Middle East Region Director of CIEC Group, made evaluations on steel and green energy issues at the Global Steel Summit panel.

CIEC Director Yasin Kanbur highlights steel and green energy at Global Steel Summit panel

In his speech at the Global Steel Summit panel, Yasin Kanbur, Middle East Regional Director of CIEC Group, emphasized that the demand for steel in the Middle East will increase significantly, and that the sector is expected to grow by 1.7% in 2024.

Focusing on construction projects in the Middle East and Saudi Arabia, Kanbur mentioned the so-called mega project of the GCC (Gulf Cooperation Council) and said that this project is in high demand, especially in Saudi Arabia.

Touching on the issue of green energy, Kanbur stated that DRI (Direct Reduced Iron) technology, which accounts for 47% of steel production in the Middle East region, is linked to green energy projects.

He predicted that the giant green energy project of 1 trillion dollars in the region will respond to the demands of regions such as Europe and India, and that exports resulting from local consumption will increase by being directed to different countries. Kanbur emphasized that this investment is of great importance for the regional economy.

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