9,425.58 TRY BIST 100 BIST 100
38.07 USD USD USD
5.24 CNY CNY CNY
43.29 EUR EUR EUR
0.12 CNY CNY/EUR CNY/EUR
48.69 TRY Interest Interest
66.44 USD Fossil Oil Fossil Oil
39.72 USD Silver Silver
4.60 USD Copper Copper
98.08 USD Iron Ore Iron Ore
352.00 USD Shipbreaking Scrap Shipbreaking Scrap
4,071.20 TRY Gold (gr) Gold (gr)

HBIS Serbia leaves a blast furnace in Smederevo idle

HBIS Serbia, one of the largest steelmakers, will keep the operating level of the number one blast furnace in Smederevo to a minimum due to weak demand.

HBIS Serbia leaves a blast furnace in Smederevo idle

HBIS is known as the first manufacturer outside of ArcelorMittal to leave a furnace open idle. It is currently preparing to put the furnace idle to adapt to the market environment and is said to be restarted when conditions allow.

In addition to weak demand, rising gas costs are also affecting producers. A smaller Visegrad mill has stopped all its rolling lines due to lackluster buying and high conversion costs and is casting slabs for the commercial market.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Global carbon storage capacity increased by 27 % in 5 years

Thursday, April 17, 2025

Rio Tinto's first quarter results hit by a storm

Thursday, April 17, 2025

Australia and UAE strategic partnership for a green future

Friday, April 18, 2025

South Korea's steel exports to the US decrease by 19%

Friday, April 18, 2025

Özyaşar Tel and its subsidiaries received orders worth EUR 2.8 million from abroad

Friday, April 18, 2025
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now