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Middle East News

15Mar
Iranian 11-month steel production falls slightly

Iran's finished steel output fell 1.1% on-year to 19.78 million tonnes in the first 11 months …

Burak Odabasi Turkey
15Mar
Turkey’s Kocaer concludes $37.8m export sales

Turkey’s Kocaer Steel has received $37.8 million in steel profile orders from the EU, the Middle …

Burcak Alpman Turkey
14Mar
Turkish pipe producers struggle to maintain prices

Turkish pipe producers are seen struggling to keep their prices stable amid pressure from buyers.

Pipemakers’ …

Burcak Alpman Turkey
14Mar
GCC traders offer competitive Asia billet, depress prices

Traders in the Gulf Cooperation Council are offering Southeast Asian-origin 150mm 3sp billet with attractive quotes …

Burak Odabasi Turkey
14Mar
Turkish HRC market freezes amid dropping Chinese prices

The Turkish hot rolled coil market is experiencing sharp declines, primarily driven by drops in China's …

Elina Virchenko UAE
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Latest prices

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Rebar / India / Ex-Works / Raipur / INR/t -1.0%
Billet / GCC / CFR USD/t -3.0%
Billet / Saudi Arabia / Ex-Works SAR/t 0.0%
HDG / Italy Ex-Works EUR/t -1.0%
E8 Light New Scrap / Italy Ex-Works EUR/t -1.0%
E6 New cutting scrap (DKP) / Turkey / delivered basis, TRY/t -0.5%
E1 Heavy Demolition Scrap / Italy Delivered Basis EUR/t 3.0%
E40 Shredded Scrap / Italy Delivered Basis EUR/t 2.0%
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E2 & E3 Shipbreaking scrap /Turkey / Delivered basis / USD/t -3.4%
E3 Demolition Scrap / Germany Ex-Works EUR/t -0.0%
E3 Demolition Scrap / Italy Delivered Basis EUR/t 5.0%
E3 Demolition Scrap / Austria Ex-Works EUR/t 0.0%
Plate / N America Ex-Works USD/s.ton -5.0%
CRC / N America Ex-Works USD/s.ton -3.0%
HRC / N America Ex-Works USD/s.ton -2.0%
HMS 1&2 80:20 / UAE, delivered basis AED/t 0.0%
HMS 1/2 80:20 / Bangladesh / CFR USD/t 0.0%
HMS 1/2 Scrap / Taiwan CFR USD/t -3.0%
Heavy Scrap / China / CNY/t 0.0%
Billet / Tangshan Ex-Works CNY/t 0.0%
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