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Middle East News

21Feb
Weak demand, sliding steel prices pressure Turkish scrap

Most Turkish mills have kept their domestic scrap buying prices unchanged since last week, although imported …

21Feb
Traders hesitate to bid in Iranian billet tender

Esfahan Steel Company (ESCO), the sole blast furnace-route steel producer in Iran, is about to launch …

21Feb
Large-volume domestic mill scrap booking tightens Saudi supply

Last week's unprecedented large-volume scrap booking, surpassing 35,000 tonnes, from the domestic market by one Saudi …

21Feb
Turkey’s Hascelik to build new billet, bloom caster

Turkish special steel producer Hasçelik has placed an order with SMS to build a new four-strand …

20Feb
Turkey’s scrap demand fails to recover

Turkish mills’ scrap demand is seeing no recovery so far this week despite Turkey’s ongoing requirement …

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