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 imported scrap prices remained largely stable this week, as steel mills continued cautious procurement amid weak finished steel demand and squeezed margins. HMS 1&2 (80:20) import prices were assessed at around…
Pakistan's flat steel producers International Steels Limited (ISL) and Aisha Steel increased domestic prices for cold-rolled and galvanized steel products by PKR 5,000 (USD 18) per ton. Following the increase, ISL's 1…
Turkish steelmaker Kardemir opened a new billet sales round on May 13 and closed it after securing significant order volumes from the domestic market. The company offered S235JR-grade billet at USD 530 per ton EXW, down…
Saudi Arabia's Saudi Iron and Steel Company (Hadeed) increased domestic prices for its long steel products for May production, marking its second price revision this month. The company raised rebar (12-32 mm) prices by…
Turkey's import scrap prices remained stable this week, as firm supplier sentiment was offset by resistance from Turkish steel mills amid weak finished steel demand. HMS 1&2 (80:20) import prices were assessed at USD…
Kardemir has reduced wire rod prices, according to its latest price list. The company is offering 5.5 mm SAE 1006 grade wire rod at USD 632 per ton EXW, while SAE 1008-1010 grades are priced at USD 622 per ton EXW. Both…
Egypt's Ezz Steel has maintained rebar prices unchanged in the domestic market despite the recent increase in gas tariffs. The company kept its rebar price at EGP 39,850 (USD 741) per ton EXW, inclusive of 14pct VAT…
Turkey's import scrap market extended its upward trend this week, supported by firm supplier sentiment and high freight costs. HMS 1&2 (80:20) import prices were assessed at USD 410-415 per ton CFR, up USD 5-10 per ton…
Saudi Arabia's Saudi Iron and Steel Company (Hadeed) has increased prices for its long steel products for May production. Rebar (12-32 mm) prices were raised by SAR 100 (USD 27) to SAR 2,900 (USD 774) per ton, while…
Turkish steel producer, Kardemir has reduced rebar prices in its latest sales round. The company set prices for 12-32 mm rebar at TRY 26,815 (USD 595) per ton EXW, down from TRY 27,000 (USD 607) per ton in the previous…
Turkey's scrap import prices increased this week, supported by reports of a limited number of deals at higher price levels. HMS 1&2 (80:20) import prices were assessed at USD 405 per ton CFR, up USD 5 per ton…
Saudi Arabia's Saudi Iron and Steel Company (Hadeed) has increased prices for its long steel products, marking its fourth hike since early April amid ongoing cost pressures linked to Middle East disruptions. Rebar…
Turkish steelmaker Kardemir opened a new billet sales round on April 22, 2026, and closed it shortly after securing a sizable volume of orders from the domestic market. The company offered S235JR-grade billet at USD 535…
Emirates Steel, a subsidiary of EMSTEEL Group, has kept its rebar prices unchanged for May production. The company maintained its rebar price at AED 2,721 (USD 741) per ton ex-works, excluding 5pct VAT. Market sources…
Turkey's scrap import prices remained largely unchanged this week, as weak finished steel demand continued to limit buying interest from mills. HMS 1&2 (80:20) import prices were assessed at USD 400 per ton CFR. Market…
Egypt's Ezz Steel has increased rebar prices in the domestic market, reflecting rising costs and policy-driven supply constraints. The company raised its rebar offer to EGP 39,850 (USD 769) per ton EXW, up from EGP…
Saudi Arabia's Saudi Iron and Steel Company (Hadeed) has increased prices for its long steel products for April deliveries, marking its third hike since the start of the month. The company's rebar prices (12-32 mm) have…
Turkish steelmaker Kardemir has increased prices for its wire rod prices in the latest sales round. Wire rod prices were raised by USD 28 per ton, with 5.5 mm SAE 1006 grade offered at USD 645 per ton EXW, while SAE…
Domestic HRC prices in Saudi Arabia have increased amid tightening supply and ongoing logistics disruptions linked to regional geopolitical tensions, market sources said. Saudi Arabia's Saudi Iron and Steel Company…
Turkey's scrap import prices remained stable this week, with HMS 1&2 (80:20) assessed around USD 400 per ton CFR, while buying activity slowed amid weak finished steel demand. Despite limited trading, suppliers…
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