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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

 

30Dec

Egypt eases import payments, re-rollers welcome decision

The Central Bank of Egypt (CBE) revoked the mandatory issuance of letter of credit for the …

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30Dec

UAE’s January-delivery wire rod prices surge

Emirates Steel Arkan (ESA) has increased its January-delivery 6.5-14mm diameter AISI/SAE 1006-1008 grade wire rod domestic market …

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29Dec

Oman, UAE billet markets observe price hike

Iranian 150mm 3sp billet offers for February delivery to United Arab Emirates and Oman at $540-550/tonne …

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28Dec

Al Yamamah earnings shrink on global headwinds

Saudi Arabia’s Al Yamamah Steel reported a 9.5% on-year decline in revenue in the fiscal year …

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28Dec

Iranian steel prices increase on exchange rate regulation

Iranian steel producers are puzzled over a new regulation mandating foreign income from exports be exchanged …

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28Dec

Saudi billet market improves slightly, awaits scrap quotes

Saudi billet market sentiment is picking up slightly following the benchmark mill’s project discount removal on …

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28Dec

Kuwait domestic rebar prices increase

Kuwait’s largest steel producer has increased its 8-40mm diameter rebar price for January deliveries by KD 10/tonne …

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27Dec

Chinese HRC rises in GCC market

The Gulf Cooperation Council hot rolled coil market observed a price increase by $10/tonne on-week for …

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27Dec

Saudi's Hadeed rolls over rebar price, increases coils

Saudi Arabian steel market-maker Hadeed has rolled over its domestic 12-32mm diameter rebar price at SAR 2,650/tonne …

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26Dec

Emirates Steel pricing strategy puzzles UAE rebar market

United Arab Emirates' largest producer and market maker, Emirates Steel Arkan (ESA), has imposed a new …

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