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Middle East News

22Aug
Riyadh-based Watani improves H1 earnings

Riyadh-based longs producer Watani Iron Steel Company (WISC) improved its first-half financials on the back of …

21Aug
Iran's ESCO to hold billet export tender

Iranian mills are eyeing a rise in billet prices following the improvement seen in the Far …

21Aug
Saudi scrap consumers find prime availability difficult

In Saudi Arabia, the availability of premium (PNS) grade scrap is a challenge for scrap consumers. …

21Aug
Far East deals push GCC billet prices lower

Local billet prices are under pressure from imported billet from the Far East.

Local longs producers …

21Aug
Turkish scrap continues freefall amid bearish sentiment

Despite the further depreciation of the lira against the dollar, most Turkish mills have started decreasing …

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