Turkey's scrap import market came under pressure this week as declining domestic finished steel prices and weak demand prompted mills to seek lower prices. MESTEEL assessed HMS 1&2 (80:20) at USD 400 per ton CFR Turkey…
Qatar's exports of steel products under HS 7207-7229 nearly doubled in 2025, rising 99.5pct YoY to 1.84 mln tons from 920,575 tons in 2024, according to Qatar customs data. The increase was driven overwhelmingly by…
Bahrain's steel imports under HS 7207-7229 surged to 49,608 tons in July 2026, up 216.0pct YoY and 476.2pct month on month, according to Bahrain Customs data. The sharp July increase was overwhelmingly driven by…
Turkey and Ukraine's free trade agreement (FTA) entered into force on October 1, establishing a framework for more predictable bilateral trade and targeting a trade volume of USD 10 bln in the short term, according to…
The European Commission has set the price of CBAM certificates for the third quarter of 2026 at EUR 82.32 (USD 92.49), up 9.4pct from EUR 75.28 in the second quarter. The Carbon Border Adjustment Mechanism (CBAM) is the…
The US Department of Commerce has preliminarily assigned a 13.11pct weighted-average dumping margin to Turkish rebar producers/exporters Colakoglu Metalurji and Ekinciler Demir for the July 2024-June 2025 review period…
The US Department of Commerce has finalized its antidumping review of circular welded carbon-quality steel pipe from the UAE, covering the December 2023-November 2024 review period. Commerce determined that the UAE…
Lebanon's steel imports fell sharply by 54pct YoY to 33,608 tons in August 2026, from 72,667 tons in August 2025, according to Lebanese Customs data. The country's steel imports also declined by around 51pct month on…
Turkey imported 12.7 mln tons of steel scrap during January-August 2026, up 4pct YoY, according to data from the Turkish Statistical Institute (TUIK). The United States remained Turkey's largest scrap supplier during…
Vietnamese steelmaker Formosa Ha Tinh Steel has increased its domestic HRC prices for November-December delivery, with SAE1006 and SS400 grades now offered at around USD 546-558 per ton CIF Vietnam, depending on order…
Turkey's scrap import prices edged higher this week, supported by higher costs, although buying activity remained limited as slowing finished steel demand made mills cautious about accepting further increases. MESTEEL…
Egyptian rerolling mills are calling for a review of duties on billet imports, with industry representatives arguing that the measures have contributed to higher steel prices and forced some rerollers to halt…
Asian HRC markets are showing mixed conditions in early October, with mills in India and Southeast Asia maintaining firm offers while buying interest remains cautious. Chinese prices are broadly stable amid weak demand…
Vietnam's leading steelmaker Hoa Phat Group has raised its domestic HRC prices for November delivery by around USD 10 per ton month-on-month. Non-skinpass SAE1006/SS400 HRC is currently offered at around USD 555 per ton…
South Africa has imposed definitive anti-dumping duties on corrosion-resistant steel coil from China, with duties ranging from 8.21pct to 57.84pct, following an investigation by the International Trade Administration…
Turkey's steel exports increased in the first eight months of 2026, while domestic finished steel consumption declined for the second consecutive month in August, according to data from the Turkish Steel Producers…
Pakistan's National Tariff Commission (NTC) has preliminarily determined that color-coated steel imports from China were dumped in the Pakistani market, but has decided against imposing provisional anti-dumping duties…
India's new steel policy targets 600 mln tons of steelmaking capacity by 2047, up from 220 mln tons as of fiscal 2026, with plans to reduce emissions and secure supplies of key raw materials, Reuters reported on…
Chinese billet exports to GCC countries declined in August after a sharp increase in June and July, although shipments remained significantly higher as compared to August 2025. The United Arab Emirates replaced Saudi…
The European Commission has proposed excluding Pakistan, Egypt, Saudi Arabia, Oman, Morocco and Tunisia from the list of non-OECD countries authorized to receive metal waste from the EU, potentially restricting steel…