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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

 

30Jan

Currency depreciation elevates rebar further in Egypt

Local currency depreciation in the black market has compelled Egyptian mills to raise their domestic rebar …

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30Jan

Al Jazeera signs Oman, UAE rail freight agreement

Oman-based re-roller Al Jazeera Steel Products Co (AJSP) and Oman and Etihad Rail Company (OER) have signed …

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30Jan

Talks begin to prevent AMSA's longs division closure
Talks begin to prevent AMSA's longs division closure

South Africa's government, labour unions, steel sector participants, and customers have expressed concerns regarding the negative …

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29Jan

Saudi third-tier rebar transaction prices stay unchanged

Saudi Arabian third-tier mills have increased their rebar list prices by SAR 20-50/tonne ($5-10), but transaction …

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29Jan

UAE retail prices hold despite benchmark mill's hike

Rebar retail prices in the United Arab Emirates are not improving, although last week the benchmark …

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25Jan

UAE's Emirates Steel issues wire rod prices

Emirates Steel has issued domestic wire rod quotes for mid-February/March rolling.

The benchmark mill settled its …

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25Jan

Saudi Arabia's Hadeed nominally boosts longs prices

Saudi Arabia's largest steel producer and market maker, fully integrated Jubail-based Hadeed, has raised its February-rolling …

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24Jan

Scrap shortage hits Saudi Arabia's east coast mills

Saudi Arabia's largest steel producers, the country's largest scrap consumers, as well as merchant billet producers …

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24Jan

UAE mills cut scrap prices over export duty
UAE mills cut scrap prices over export duty

Following the announcement of scrap export duties in the United Arab Emirates, major local scrap buyers …

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24Jan

Iranian currency devaluation boosts commodity demand, prices

A 10% devaluation in the Iranian local currency has led to the usual rush for raw …

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