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Middle East News

27Aug
Turkish scrap market foresees price rise

Most Turkish scrap market participants believe prices have bottomed and are preparing for higher values.

Although …

27Aug
Ukraine increases semis exports, pig iron falls

Ukrainian exports of semi-finished products increased in July compared with the previous month despite the ongoing …

27Aug
Japan-origin HRC deal into GCC pre-empts Chinese hikes

Japan's latest hot rolled coil deal pre-empted Chinese price hike attempts. Meanwhile, ex-China tier-one suppliers kept …

27Aug
Molan Steel posts lower H1 sales, narrows loss

Riyadh-based Molan Steel Co has seen revenue decrease by 9.4% year-on-year to SAR 39.8 million ($10.6m) …

27Aug
Riyadh Steel secures short-term credit facility

Saudi Arabia's Riyadh Steel (RS) has been granted a SAR 10 million ($16m) Shariah-compliant short-term credit …

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