Turkey's scrap import prices inched higher this week, with assessments rising to around USD 370 per ton CFR, compared with USD 360-370 per ton last week. The firming trend was driven mainly by a strong stance from…
Turkey exported 830,400 tons of wire rod in the first eleven months of 2025, up 4.76pct YoY, according to data from the Turkish Statistical Institute (TUIK). Romania remained the largest export destination, receiving…
Turkey's value-added tax (VAT) exemption on domestically sourced inputs under the inward processing procedure expired at the end of 2025 and is no longer in force, according to local media reports. Introduced in 1998…
Turkey imported around 17 mln tons of ferrous scrap in the January-November 2025 period, down nearly 6.7pct YoY, according to data from the Turkish Statistical Institute (TUIK). The United States remained Turkey's…
Egyptian steelmaker Elmarakby Steel plans to invest EGP 1 bln (USD 21.15 mln) to expand its product portfolio, according to local media reports. The investment will fund a new plant in the industrial zone of New October…
The Ministry of Industry has announced a new package of investment incentives aimed at encouraging the establishment of factories producing cold-rolled, galvanized, and pre-painted steel products. In a statement, the…
Turkey's steel exports reached 13.7 mln tons in the first eleven months of 2025, up 13.3pct YoY, while export revenues rose 4.5pct to USD 9.3 bln, according to the Turkish Steel Producers' Association (TCUD). In…
Egypt's Trade Remedies Sector of the Ministry of Investment and Foreign Trade held a hearing as part of its investigation into potential safeguard measures on imports of cold-rolled, galvanized, and pre-painted steel…
Turkey's steel market in 2025 was shaped above all by scrap price behaviour and margin discipline, with developments in billet imports, production levels, and Turkish long steel export offers reinforcing a market…
China's iron ore futures market delivered one of the clearest paradoxes of 2025. Futures prices remained resilient and ended the year higher despite weakening domestic steel demand and a gradual decline in crude steel…
Chinese HRC prices remained under pressure in 2025, with UAE import patterns highlighting booking lags and global supply dynamics. Chinese HRC prices into the UAE on a CFR Jebel Ali basis, as assessed by MEsteel, moved…
India has imposed a definitive safeguard duty for a period of three years on imports of non-alloy and alloy steel flat products, after concluding that a sudden, sharp and significant surge in imports caused serious…
Turkey's Ministry of Trade has decided to apply a uniform definitive anti-dumping duty of 3.95pct on imports of cold-rolled stainless steel flat products of Chinese origin, according to the final notification issued…
Major Pakistani steel producers have urged the Federal Board of Revenue (FBR) to introduce safeguards on duty- and tax-free Chinese imports cleared through the Customs Dry Port Sost for consumption in Gilgit-Baltistan…
Restrictions on imports of low ash metallurgical coke, a critical input accounting for 35-40pct of steel production costs, are pushing up steel prices in India, according to a report by the Global Trade Research…
Turkey's imported scrap prices edged higher this week, with assessments at USD 360-370 per ton CFR, compared with USD 360-365 per ton last week. Market sources said the higher end of the range reflects a reported…
The US Department of Commerce has issued a preliminary determination finding that Algerian-origin rebar was sold in the US market at less than fair value. The ruling centers on Tosyali Iron Steel Industry Algeria SPA…
Egyptian Customs Authority has extended the export duty on scrap and waste of stainless steel alloys classified under tariff heading 7204.21, according to an official decision. Under the measure, an export duty of EGP…
The United States has finalized anti-dumping duty (AD) rates on coated steel imports from Turkey and the United Arab Emirates, along with eight other supplying countries, according to a notice issued by the…
Turkey Ministry of Trade has imposed anti-dumping duties on tinplate imports from Germany, China, Japan, South Korea, and Serbia, according to a notice published in the country's official gazette. The investigation…