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Middle East News

11Jan
Turkey’s longs quotes continue climb, buyers’ resistance grows

Turkish long steel producers have further increased their offer prices this week due to firm scrap …

Burcak Alpman Turkey
11Jan
Interpipe increases steel production, pipe output stable

Ukraine-based Interpipe’s pipe production in January-September 2023 remained flat on-year at 309,000 tonnes, Kallanish notes.

Pipe …

Svetoslav Abrossimov Bulgaria
11Jan
Iranian nine-month steelmaking raw materials exports soar

Driven by semi-finished steel, slab in particular, Iranian semi-finished and finished steel products exports during the first …

Burak Odabasi Turkey
11Jan
Kardemir sells 60,000t billet promptly

Kardemir published a new price list and opened domestic sales for billet on Thursday, Kallanish notes.

150mm …

Burcak Alpman Turkey
10Jan
Buoyant rebar market lifts billet prices in GCC

Billet prices in the United Arab Emirates and Oman are trending upwards on the back of …

Burak Odabasi 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%
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