Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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292 news items in Scrap. 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…
7 Steel UK has signed a long-term agreement with GB Railfreight to transport scrap steel to its Cardiff facility and deliver finished steel products to customers across the UK for at least 11 years. Services are…
Global steel markets are becoming increasingly fragmented as trade barriers, overcapacity and geopolitical risks reshape trade flows, according to participants at the 95th meeting of the International Rebar Exporters…
Turkey imported 12.7 mln tons of steel scrap during January-August 2026, up 4pct YoY, according to data from the Turkish Statistical Institute (TUIK). The United States remained Turkey's largest scrap supplier during…
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…
The European Commission has proposed excluding Pakistan, Egypt, Saudi Arabia, Oman, Morocco and Tunisia from the list of non-OECD countries authorized to receive metal waste from the EU, potentially restricting steel…
Essar Group-backed Mesabi Metallics plans to invest USD 15 bln in a new steel complex in Iowa, US, integrating the facility with its iron ore mine in Minnesota to establish a domestic mine-to-steel supply chain. The…
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…
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…
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…
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…
Swedish green steelmaker Stegra has selected four shipping and logistics companies to manage its sea transport operations, supporting the movement of raw materials and finished steel products across Europe. ESL Shipping…
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…
Barca Metals has completed inspection and validation of key equipment for its new shredder-based scrap recycling plant at Razorback, New South Wales, supplied by Danieli Centro Recycling. The inspection at Danieli…
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…
Turkey imported 11.3 mln tons of scrap in the first seven months of 2026, up 3.7pct YoY, according to data from the Turkish Statistical Institute (TUIK). The United States remained Turkey's largest scrap supplier during…
Govt has started work on a PKR 12 bln (USD 43.3 mln) project to modernize the Gadani shipbreaking yard, with infrastructure upgrades aimed at bringing the facility in line with international safety and environmental…
The global long steel market remains under pressure from subdued demand, while higher energy costs, supply disruptions and tighter trade restrictions are supporting prices, according to the International Rebar Producers…
Voestalpine is making progress with the installation of a new electric arc furnace (EAF) unit at its Donawitz steelworks, with the two furnaces forming the core of the company's future production line. The new unit will…
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