Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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341 news items in Middle East Prices. Show all
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…
Major Turkish long steel producer ICDAS has reduced its long steel prices by USD 10 per ton compared with levels announced in mid-September. The company is now offering rebar at USD 630 per ton EXW Biga and wire rod at…
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…
Saudi steel producer Hadeed has kept its domestic rebar and wire rod prices unchanged for October. The company's rebar in 12-32 mm sizes is offered at SAR 2,800 (USD 746) per ton CPT Riyadh, while 7-12 mm wire rod is…
Turkish HRC prices have remained firm over the past two weeks, with domestic and export markets supported by limited supply and a generally positive market outlook. Domestic HRC prices remain at USD 625-635 per ton EXW…
Turkey's scrap import prices remained largely unchanged this week, although Turkish mills have become more cautious about further purchases amid slower finished steel sales. MESTEEL assessed HMS 1&2 (80:20) at USD 400…
Saudi Arabia's HRC market remains slow, with cautious buying and logistics constraints continuing to weigh on import activity amid the current regional situation. Chinese HRC offers are currently heard at around USD…
Egyptian rebar prices are set to rise in October, with local media and market sources reporting that Ezz Steel and other major producers plan to increase domestic prices from October 1, following several months of…
UAE's Emirates Steel, part of EMSTEEL Group, has kept its rebar prices unchanged for October production, marking the third consecutive month of price rollover. The company maintained its price for 12-32 mm rebar at AED…
The UAE coated steel market remains firm, supported by good domestic demand, while logistics disruptions continue to affect material availability and local production. Major UAE coated steel producer Al Ghurair is…
Turkey's scrap import prices increased this week, supported by the uptrend in finished steel prices. MESTEEL assessed HMS 1&2 (80:20) at USD 395-400 per ton CFR Turkey, up from USD 390 per ton last week. Market…
The UAE structural steel market remains firm, supported by steady domestic demand, but logistics disruptions continue to complicate imported supply and deliveries. Chinese JIS beams are currently indicated at around USD…
Egyptian rebar prices have remained broadly stable, with weak domestic demand and low trading activity limiting the scope for further increases despite higher production costs. Ezz Steel continues to set the benchmark…
Kardemir has raised its rebar and wire rod prices in its latest price list, following the continued increase in Turkish scrap import prices. The company is offering 12-32 mm rebar at TRY 30,540 (USD 628) per ton EXW…
Major Turkish long steel producer ICDAS has increased its long steel prices by USD 5 per ton this week, supported by higher scrap costs. ICDAS is offering rebar at USD 635 per ton EXW Biga, up USD 5 per ton from last…
Turkish HRC prices increased this week, as an upward trend in scrap prices and limited supply pushed local HRC producers to raise prices. Domestic HRC prices moved up to USD 625-635 per ton EXW, up USD 20-25 per ton…
Saudi Iron and Steel Company (Hadeed) has reduced its domestic scrap buying prices by SAR 70 (USD 19) per ton, effective September 11, amid relatively moderate finished steel demand. The reduction follows a period of…
Turkey's scrap import prices increased this week as improving finished steel demand encouraged mills to increase buying interest, while limited scrap availability and higher freight and collection costs continued to…
Wire rod prices in the GCC remain firm amid high production costs, tight regional availability and elevated freight costs, despite relatively moderate trading activity. In Saudi Arabia, Hadeed has raised its September…
Turkish steelmaker Kardemir has raised its rebar and wire rod prices in its latest price list. The company is offering 12-32 mm rebar at TRY 29,750 (USD 614) per ton EXW, excluding VAT, up from TRY 28,625 per ton (USD…
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