Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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909 news items in Import / Export. Show all
Turkey exported nearly 1.7 mln tons of welded steel pipes in the first ten months of 2024, marking an 8pct increase compared to the same period last year, according to the Turkish Statistical Institute (TUIK). In…
The Directorate General of Trade Remedies (DGTR), under the Commerce Ministry, has launched a safeguard investigation into the imports of non-alloy and alloy flat steel products, according to an official notification…
ArcelorMittal has increased its HRC prices in Europe, with new offers reported at EUR 630 (USD 659) per ton EXW for February rolling, up from EUR 600 per ton EXW previously. The price hike follows the European…
Pakistan's scrap imports fell by 12.5pct YoY in November 2024, according to data from the Pakistan Bureau of Statistics. The country imported 219,765 tons of scrap during the month, compared to 251,342 tons in November…
Pakistan's finished steel imports dropped by 18.25pct YoY in November 2024, according to the Pakistan Bureau of Statistics. The country imported 247,053 tons of finished steel during the month, down from 302,201 tons in…
India is expected to impose a safeguard duty of up to 25pct on steel imports to counter cheap supplies, primarily from China, Reuters reported. Major producers like JSW Steel, Tata Steel, and ArcelorMittal Nippon Steel…
Egypt's iron and steel exports declined by 13pct YoY (YoY) from January to October 2024, totaling USD 1.695 bln, down from USD 1.942 bln in the same period last year. A report by the Export Council for Building…
Turkey's CRC imports totaled approximately 630,000 tons in the first ten months of 2024, marking a 19pct decline compared to the same period in 2023, according to data from the Turkish Statistical Institute (TUIK)…
Turkey's scrap import prices surged this week, driven by firm domestic rebar demand and limited scrap supply. Prices were assessed at USD 345-350 per ton CFR, up from USD 335-340 per ton CFR last week. A recent accident…
ICRA projects that domestic steel industry capacity utilization will dip below 80pct in FY2025 for the first time in four years, as cheap imports continue to take market share. The credit rating agency warned that the…
Turkey's imports of billets and blooms increased by over 5pct YoY in the first ten months of 2024, according to data from the Turkish Statistical Institute (TUIK). During the January-October period, Turkey imported 2.8…
The UAE and the Eurasian Economic Union (EAEU) have successfully concluded negotiations for a comprehensive Economic Partnership Agreement (EPA) to boost trade between the UAE and the five EAEU members: Armenia…
The Indian government is considering imposing a 25pct safeguard duty on flat steel imports, Union Steel Minister H.D. Kumaraswamy announced. According to reports, the proposal is under review, with a final decision to…
A cargo ship carrying 1,500 tons of scrap metal severely damaged the Muden lock near Cochem on the Moselle River, halting shipping traffic until at least March 2025, according to the German Mosel-Saar-Lahn Navigation…
Turkey's rebar exports fell by 1.6pct YoY to 2.76 mln tons in the first ten months of 2024, according to data from the Turkish Statistical Institute (TUIK). During the January-October period, Yemen was the largest…
China's steel exports exceeded 100 mln tons in the first 11 months of 2024, marking the first time since 2016, according to data from the General Administration of Customs. The last time China's annual steel exports…
India emerged as a net steel importer during the April-November period of FY25, despite notable shifts in export and import trends in November. In the eight-month period of FY25, steel imports rose 27pct YoY to 6.5 mln…
The Indian Stainless Steel Development Association (ISSDA) has urged the Ministry of Steel to introduce a dedicated policy for the stainless steel industry. "We have requested an exclusive stainless steel policy because…
Turkey's wire rod exports totaled approximately 766,000 tons in the first ten months of 2024, marking a significant 47pct YoY increase, according to the Turkish Statistical Institute (TUIK). Romania was the largest…
Iran exported USD 3.643 bln worth of steel products in the first seven months of the current Iranian calendar year (March 20-October 21), marking a 14pct decline from USD 4.255 bln in the same period last year…
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