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Middle East News

20Feb
AMSA says it is not considering Saldanha sale

ArcelorMittal South Africa (AMSA) is denying claims of a potential investor buy-out, saying: "We are not …

Burak Odabasi Turkey
20Feb
Ex-China HRC price gap widens in GCC

The spread has widened between tier-one and tier-two price quotes for ex-China hot rolled coil in …

Burak Odabasi Turkey
20Feb
Habas boosts HRC capacity by 80%

Habas is set to increase hot rolled coil capacity to 4.5 million tonnes/year from 2.5m t/y …

Elina Virchenko UAE
20Feb
Kumba increases iron ore export prices, decreases production

In a challenging year, Anglo American’s South African subsidiary, Kumba Iron Ore, managed to increase its …

Burak Odabasi Turkey
19Feb
Riyadh mills cut prices on liquidity, subdued demand

Riyadh's third-tier mills have reduced rebar prices due to low demand and the need for liquidity. …

Burak Odabasi Turkey
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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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More Global Prices

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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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