Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
Got a story for the Middle East steel market? Submit news
292 news items in Scrap. Show all
Turkey's scrap import prices continued to rise this week, reaching USD 365-375 per ton CFR, up from USD 360-365 per ton CFR last week. The upward trend is driven by higher collection costs and strong market sentiment in…
ArcelorMittal South Africa (ArcelorMittal SA) will halt long steel production by the end of the second quarter of 2025 after failing to reach an agreement with the government to prevent the plant's closure. The company…
Turkey's scrap import prices increased this week as local steel mills booked new shipments at higher rates. Prices are now assessed at USD 360-365 per ton CFR, up from USD 350-360 per ton CFR, last week. The upward…
Egypt's Holding Company for Maritime and Land Transport has signed a memorandum of understanding with A.P. Moller - Maersk A/S to establish the country's first ship recycling project at Damietta Port. Deputy Prime…
The Pakistan Federal Board of Revenue (FBR) has withdrawn the Export Facilitation Scheme (EFS) 2021 for iron and steel scrap importers to prevent misuse and strengthen tax enforcement. Under the revised regulations…
Metinvest and Danieli have signed a shareholder agreement at the Italian Ministry of Enterprises and Made in Italy in Rome, formalizing their joint partnership in Metinvest Adria S.p.A. This agreement is a key step in…
Turkey's scrap import prices remained stable this week at USD 350-360 per ton CFR, despite weak steel demand, as restocking by Turkish steel producers provided support. Limited scrap collection during the winter also…
In January 2025, Pakistan's scrap imports saw a slight decline, falling by 4.99pct compared to the same month last year, according to data from the Pakistan Bureau of Statistics. The country imported a total of 213,818…
Three Emirati steel firms have filed a petition with the Bombay High Court in India, alleging illegal imports of steel scrap from the UAE, according to Indian media reports. Shattaf Steel Ind Co LLC, Emirates Steel LLC…
The Pakistan Collectorate of Customs (Appraisement) has authorized the import of iron scrap via the Bazarcha Terminal at the Pakistan-Iran border, according to Dawn News. A public notice issued by Kaleem Ullah, the…
Turkey's scrap import prices rose further this week, but the increase dampened buying interest from local steel mills due to weak demand for finished steel. Scrap prices were assessed at USD 350-360 per ton CFR, up from…
Turkey imported 20 mln tons of scrap in 2024, a 6.7pct YoY increase, according to the Turkish Statistical Institute (TUIK). The U.S. remained Turkey's top scrap supplier, delivering around 4.5 mln tons. The Netherlands…
Turkey's scrap import prices continued to rise this week as Turkish steel mills booked new cargoes at higher rates. Prices were assessed at USD 345-355 per ton CFR, up from USD 340-350 per ton CFR last week. The…
Turkey's scrap import prices rose this week, driven by supply disruptions due to winter conditions and increased restocking demand. Prices were assessed at 340-350 per ton CFR, up from 330-340 per ton CFR last week. The…
In 2024, Pakistan experienced a modest recovery in annual scrap imports, though volumes remained relatively low, according to data from the Pakistan Bureau of Statistics. The country imported 2.66 mln tons of scrap…
Turkey's scrap import prices climbed this week, driven by fresh bookings from Turkish steel mills. Prices were assessed at USD 330-340 per ton CFR, up from USD 325-335 per ton CFR last week. The rise was supported by…
Turkey's scrap import prices remain under pressure due to weak steel sales. This week, scrap import prices were assessed at USD 325-335 per ton CFR, down from USD 340-345 per ton CFR last week. Turkish steel mills are…
Canon Inc. has started incorporating recycled steel into its printing products, including office multifunction devices (MFDs), inkjet printers, and commercial presses, with plans to expand usage in 2025. By using…
Turkey's scrap import prices fell this week to USD 340-345 per ton CFR, down from USD 345-350 per ton CFR last week, driven by weak steel demand. Turkish steel mills are seeking further price negotiations due to…
Turkey's scrap imports totaled 18.18 mln tons, a 6.2 pct increase YoY in the first eleven months of 2024, according to the Turkish Statistical Institute (TUIK). In Jan-Nov 2024, Turkey imported 4.2 mln tons from the US…
“Premium Content” marks a news item that needs a subscription to read in full.
