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
Saudi Arabia's billet market remains heavily affected by logistics disruptions, with tight vessel availability, high freight costs and lengthy berthing delays continuing to complicate imported supply. At the same time…
Turkey's scrap import prices increased this week as tighter availability and firm freight costs supported the market. MESTEEL assessed HMS 1&2 (80:20) at USD 375-380 per ton CFR Turkey, up USD 5 per ton week-on-week…
GCC flat steel buyers continue to face uncertainty over imported supply as vessel availability, freight costs and disruptions around key shipping routes complicate procurement. The situation is forcing buyers and…
Saudi Arabia's Saudi Iron and Steel Company (Hadeed) has kept its domestic rebar prices unchanged for September production, while raising wire rod prices by SAR 100-125 (USD 27-33) per ton. Hadeed is offering 12-32 mm…
Turkey's scrap import prices remained broadly stable this week, with Turkish mills maintaining a cautious purchasing approach. MESTEEL assessed HMS 1&2 (80:20) at USD 375 per ton CFR Turkey, unchanged week-on-week…
The GCC beams market remains subdued amid seasonal weakness in demand, while shipping disruptions and higher freight costs are complicating imported supply. Due to geopolitical tensions and disruptions to seaborne…
Turkish steelmaker Kardemir has concluded its latest sales round with higher billet and rebar prices, while firm scrap costs supported the increases. The producer sold S235JR-grade billet at USD 535 per ton EXW, up USD…
GCC rebar mills continue to face limited billet availability as vessel delays complicate deliveries into key markets. MESTEEL's August assessment puts UAE billet at USD 640-650 per ton, with buyers in the UAE and Saudi…
UAE's Emirates Steel, part of EMSTEEL Group, has kept its rebar prices unchanged for September production. The company maintained its price for 12-32 mm rebar at AED 2,921 (USD 795) per ton EXW, excluding 5pct VAT…
GCC HRC availability is tightening as shipping disruptions and elevated freight costs make Chinese material increasingly difficult to secure, while Indian mills are gaining interest among UAE buyers. MESTEEL's last week…
Turkey's imported scrap prices remained range-bound this week, with Turkish steel mills showing limited buying interest amid weak finished steel demand and cautious purchasing. MESTEEL assessed HMS 1&2 (80:20) at USD…
Turkish steel producer Kardemir has raised its domestic wire rod prices, according to the company's latest price list. The company is offering 5.5 mm SAE 1006 grade wire rod at USD 620 per ton EXW, while SAE 1008-1010…
Turkey's imported scrap market saw some trading activity this week, but Turkish steel mills remained cautious amid weak finished steel demand and limited margins. MESTEEL assessed HMS 1&2 (80:20) at USD 375 per ton CFR…
Turkey's imported scrap prices remained largely stable this week, with tight supply and high freight costs supporting the market despite cautious buying from Turkish mills. MESTEEL assessed HMS 1&2 (80:20) import prices…
Turkey's imported scrap prices remained firm this week, supported by tighter European scrap availability and higher freight costs. Buying activity, however, slowed after producers stepped back to reassess market…
Turkish steelmaker Kardemir has secured strong order volumes in its latest billet sales round, supported by tighter regional supply and firmer raw material costs. The producer offered S235JR-grade billet at USD 525 per…
Saudi Arabia's Saudi Iron and Steel Company (Hadeed) has maintained its domestic prices for long steel products for August production, as weak demand and prevailing uncertainty over regional logistics continue to cloud…
Turkish imported scrap prices moved higher this week as steel mills returned to the market to replenish inventories after delaying purchases over the past few weeks. MESTEEL assessed HMS 1&2 (80:20) import prices at USD…
Turkish steelmaker Kardemir has increased domestic rebar prices in its latest sales round. The producer is offering 12-32 mm rebar at TRY 27,295 (USD 578) per ton EXW, excluding VAT, up from TRY 26,500 (USD 566) per ton…
UAE's Emirates Steel, part of EMSTEEL Group, has kept its rebar prices unchanged for August production. The company maintained its price for 12-32 mm rebar at AED 2,921 (USD 795) per ton EXW, excluding 5pct VAT…
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