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Middle East News

28Dec
Saudi's Hadeed cuts long prices, adopts new strategy

Saudi Arabia's largest steel producer and market maker, Hadeed, has cut its domestic rebar prices for …

28Dec
Turkey’s economic confidence recovers in December

Following a decline in November, Turkey’s economic confidence index has recovered in December. It rose 1.1% …

28Dec
Turkey’s IDC postpones new meltshop completion

Turkish long steel producer Izmir Demir Celik (IDC) says it plans to complete its long-delayed meltshop …

27Dec
Iranian mills increase billet export volumes, target prices

Iranian mills are shifting billet allocation to exports as a subdued domestic semis market coincides with …

27Dec
GCC local, imported billet quotes increase

Billet suppliers in the United Arab Emirates and Oman have increased their offers by $5-15/tonne, while …

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