Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
Got a story for the Middle East steel market? Submit news
948 news items in Featured. Show all
Kardemir has reduced wire rod prices, according to its latest price list. The company is offering 5.5 mm SAE 1006 grade wire rod at USD 632 per ton EXW, while SAE 1008-1010 grades are priced at USD 622 per ton EXW. Both…
Iron ore futures moved higher on Wednesday following the holiday break, supported by firm near-term demand, although longer-term concerns persist. Chinese steel mills continued restocking activity amid expectations of…
Egypt's Ezz Steel has maintained rebar prices unchanged in the domestic market despite the recent increase in gas tariffs. The company kept its rebar price at EGP 39,850 (USD 741) per ton EXW, inclusive of 14pct VAT…
Turkey's import scrap market extended its upward trend this week, supported by firm supplier sentiment and high freight costs. HMS 1&2 (80:20) import prices were assessed at USD 410-415 per ton CFR, up USD 5-10 per ton…
Saudi Arabia's Saudi Iron and Steel Company (Hadeed) has increased prices for its long steel products for May production. Rebar (12-32 mm) prices were raised by SAR 100 (USD 27) to SAR 2,900 (USD 774) per ton, while…
Iron ore futures rose in the last session before the holidays on Thursday, supported by firm steel demand and stable manufacturing activity in China. China's manufacturing purchasing managers' index (PMI) stood at 50.3…
Turkish steel producer, Kardemir has reduced rebar prices in its latest sales round. The company set prices for 12-32 mm rebar at TRY 26,815 (USD 595) per ton EXW, down from TRY 27,000 (USD 607) per ton in the previous…
Iron ore futures increased on Wednesday, supported by firm steel demand and cost pressures, although concerns over slowing steel production growth and rising supply limited gains. Chinese steel traders said domestic…
Iron ore futures declined on Tuesday, pressured by rising supply, although near-term demand helped limit losses. Market sentiment weakened after reports that China Mineral Resources Group (CMRG) has cleared the sale of…
Iron ore futures were largely unchanged on Monday, as the market looked for clearer direction. Rising supply continued to weigh on prices, although pre-holiday restocking provided some support. Shipments to China from…
Turkey's scrap import prices increased this week, supported by reports of a limited number of deals at higher price levels. HMS 1&2 (80:20) import prices were assessed at USD 405 per ton CFR, up USD 5 per ton…
Iron ore futures inched higher on Friday, supported by a firm near-term demand outlook, although rising supply concerns limited further gains. Chinese steel mills continued restocking iron ore ahead of the May holiday…
Turkish steelmaker Kardemir opened a new billet sales round on April 22, 2026, and closed it shortly after securing a sizable volume of orders from the domestic market. The company offered S235JR-grade billet at USD 535…
Iron ore futures declined on Thursday, snapping a recent upward trend as the market weighed the near-term outlook. Iron ore futures had risen in previous sessions on the back of improving steel production and firm…
Emirates Steel, a subsidiary of EMSTEEL Group, has kept its rebar prices unchanged for May production. The company maintained its rebar price at AED 2,721 (USD 741) per ton ex-works, excluding 5pct VAT. Market sources…
Iron ore futures extended gains on Wednesday, supported by restocking demand ahead of the May holiday period. Chinese steel mills maintained firm production levels amid firm downstream demand, supporting near-term iron…
Iron ore futures rose further on Tuesday, supported by steady near-term restocking and firm steel demand. Chinese steel production continued to improve on the back of healthy margins and stronger demand. Market…
Iron ore futures posted gains on Monday, supported by steady demand and higher costs linked to ongoing tensions in the Middle East. Chinese steel mills continued to replenish iron ore inventories amid improving steel…
Turkey's scrap import prices remained largely unchanged this week, as weak finished steel demand continued to limit buying interest from mills. HMS 1&2 (80:20) import prices were assessed at USD 400 per ton CFR. Market…
Egypt's Ezz Steel has increased rebar prices in the domestic market, reflecting rising costs and policy-driven supply constraints. The company raised its rebar offer to EGP 39,850 (USD 769) per ton EXW, up from EGP…
“Premium Content” marks a news item that needs a subscription to read in full.
