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Middle East News

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 …

Burak Odabasi Turkey
24Jan
UAE mills cut scrap prices over export duty

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

Burak Odabasi Turkey
24Jan
North African longs export quotes converge

Algerian long steel export offers have increased, while those from Egypt have softened on-week, market participants …

Elina Virchenko UAE
24Jan
Iranian currency devaluation boosts commodity demand, prices

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

Burak Odabasi Turkey
23Jan
Turkish scrap market debates price floor

Scrap prices in Turkey have continued to soften on fresh deals concluded at the end of …

Burcak Alpman Turkey
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Latest prices

+/-
Iron Ore Freight / Tubarao (BRA) -Rotterdam (EU) (Braemar) -5.0%
Ferrous scrap Freight Supramax - Houston (US)-Iskenderun (TUR) USD/t (Braemar) 6.0%
Ferrous scrap Freight Supramax - Houston (US)-Mundra (IND) USD/t (Braemer) 5.0%
Iron Ore Freight / Narvik (NOR) -Iskenderun (TUR) / USD/t (Braemar) -8.0%
Iron Ore Freight / Tubarao (BRA) -Iskenderun (TUR) / USD/t (Braemar) -5.0%
Coal Freight / QLD (AUS)-Iskenderun (Turkey) / USD/t (Braemar) -4.0%
Iron Ore Freight / Nouadhibou (W.Africa)-Qingdao (CHN) / USD/t (Braemar) -6.0%
Iron Ore Freight / Teluk (IND)-Qingdao (CHN) / USD/t (Braemar) -12.0%
More Ferrous prices

More Global Prices

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Iron Ore Freight / QLD (AUS)-Mundra (IND) / USD/t (Braemar) -7.0%
Iron Ore Freight / QLD (AUS)-Qingdao (CHN) / USD/t (Braemar) -9.0%
Iron Ore Freight / Saldhana Bay (S.Africa)-Qingdao (CHN) / USD/t (Braemar) -9.0%
Iron Ore Freight / Tubarao (BRA)-Qingdao (CHN) / USD/t (Braemar) -12.0%
Iron Ore Freight / W Australia -Qingdao (CHN) / USD/t (Braemar) -10.0%
Coal Freight / Queensland (Aus)-Dhamra (India) / USD/t (Braemar) -7.0%
Iron Ore Freight - Saldanha Bay-Rotterdam USD/t (Braemar) -6.0%
Welded Pipe (S235) / Turkey FOB USD/t -2.0%
Rebar / Singapore CFR USD/t -1.0%
Rebar / Turkey / ex-Works / $/t / excl. VAT -1.7%
Wire Rod / SE Asia CFR USD/t -1.0%
Wire Rod / China FOB USD/t -1.0%
More Ferrous prices

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