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
Turkish steel exports to the Gulf Cooperation Council (GCC) countries showed varying trends in H1 2023. The total Turkish steel exports to the region amounted to 73,859 tons during this period. in June, there was a…
Stainless steel maker Jindal Stainless Ltd (JSL) has sought the government's intervention to check increasing imports of steel products from a select group of countries including China. Select few countries including…
The American Iron and Steel Institute (AISI) has released preliminary data based on the Census Bureau's findings, indicating that the United States imported a total of 2.79 mln tons of steel in June 2023. Among this…
In May 2023, Turkey's wire rod exports faced a significant decline of over 62pct YoY, with the total volume amounted to 39,533 tons, as reported by the Turkish Statistical Institute (TUIK). Despite this overall…
Turkish exports of coated coil in widths of 600 mm and above in the first five months of 2023 fell 50pct YoY to 342,500 tons, hit by antidumping duties imposed by the European Commission and low demand in most main…
Turkish steel producer, Kocaer Celik has successfully secured steel profile orders amounting to USD 14.7 mln from the American continent, the company said in a stock exchange filing. The newly received orders…
The European Steel Association (Eurofer) forecasts a challenging outlook for apparent steel consumption in 2022 and the first half of 2023, citing several downside factors. These include war-related disruptions, a bleak…
Data from the Turkish Statistical Institute (TUIK) indicates a noteworthy surge in Turkey's cold-rolled (CR) steel imports during May. The country imported a total of 91,303 tons of CR steel (coils/sheets) during the…
Saudi Arabia's Ministry of Commerce stated that the number of steel and cement export licenses, since lifting ban on exports in 2016, reached 201 and 133, respectively, totaling 334. In a statement, the ministry added…
Iranian steelmakers experienced substantial growth in exports during the first quarter of the current fiscal year 2024 (March 21 - June 21). According to the latest data released by the Iranian Steel Producers…
Conares, the UAE's second-largest private steel manufacturer, has recently forged a significant partnership with C&D, a Fortune Global 500 company specializing in supply chain operation services and real estate…
According to the Pakistan Bureau of Statistics, scrap imports in Pakistan have experienced a significant YoY decrease of almost 50pct, with a total of 121,877 tons imported in June 2023. This quantity represents the…
Newly released data from the Pakistan Bureau of Statistics indicates a significant decline in Pakistan's finished steel imports in June 2023. The imports of finished steel experienced a substantial YoY decrease…
The mood in the European HRC market was strongly negative last week due to limited demand and a seasonal activity slowdown. Offers from integrated Northwest European mills have been limited as some have full order books…
Turkish exports of HR steel (coils/sheets/plates) witnessed a significant growth of 56pct in May 2023 compared to April 2023, according to data released by the Turkish Statistical Institute (TUIK). During May, Turkish…
India and the United Arab Emirates (UAE) have entered into agreements aimed at enhancing trade settlement in national currencies and establishing a real-time link for cross-border transactions. The move is expected to…
The Ministry of Steel reported that India's overall steel import reached 484,000 tons, representing a 5.9pct month-on-month increase and a 7.6pct increase compared to June 2022. In June 2022, China accounted for 26.1pct…
Turkish rebar exports experienced a recovery in May 2023, with a nearly 24pct increase compared to the previous month. However, when compared to the same month last year, the exports almost halved, according to data…
Iron ore prices continued to climb on Thursday, bolstered by expectations of additional stimulus measures and dwindling inventory levels at Chinese ports. However, concerns over weakening export data dampened demand…
According to data from the General Administration of Customs, China witnessed a 0.7pct decline in its steel product exports in June compared to the previous year, totaling 7.51 mln tons. This decrease marked the end of…
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