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 prices held steady this week at USD 345-350 per ton CFR, reflecting muted buying activity due to sluggish steel demand. Turkish steel mills maintained a cautious stance, refraining from making…
Sidenor has acquired Eplus, a Catalan company based in Artes, Barcelona, specializing in industrial waste management and recovery. The move aligns with Sidenor's strategy to foster sustainable growth and strengthen its…
Scrap import prices remained stable this week, assessed at USD 345-350 per ton CFR. Sellers maintained firm pricing, citing reduced scrap collection during the winter season, while Turkish steel mills exercised caution…
Pakistan's scrap imports fell by 12.5pct YoY in November 2024, according to data from the Pakistan Bureau of Statistics. The country imported 219,765 tons of scrap during the month, compared to 251,342 tons in November…
Turkey's scrap import prices surged this week, driven by firm domestic rebar demand and limited scrap supply. Prices were assessed at USD 345-350 per ton CFR, up from USD 335-340 per ton CFR last week. A recent accident…
SSAB and Stena Metall have signed a strategic cooperation agreement to ensure the delivery of recycled scrap metal from Stena Nordic Recycling Center in Halmstad, Sweden, to SSAB's new electric arc furnace in Oxelosund…
A cargo ship carrying 1,500 tons of scrap metal severely damaged the Muden lock near Cochem on the Moselle River, halting shipping traffic until at least March 2025, according to the German Mosel-Saar-Lahn Navigation…
Turkey's scrap import prices remained steady this week, assessed at USD 335-340 per ton CFR, as subdued buying activity reflected a stalemate between buyers and sellers. Turkish steel mills lowered their bids due to…
Turkey imported 16.4 mln tons of scrap in the first ten months of 2024, marking a 5.5pct YoY increase, according to the Turkish Statistical Institute (TUIK). The US remained Turkey's largest scrap supplier during this…
Finnish recycling provider Konepeikko Oy has awarded Primetals Technologies a contract for a new torch-cutting machine at its facility in Imatra, Finland, located at Ovako Imatra Oy Ab. This environmentally friendly…
South African steel producer, Scaw Metals has successfully produced its first slabs and coils at its new hot-strip mill complex in Johannesburg. This brownfield investment aims to expand the company's product portfolio…
Turkey's scrap import prices continued to decline this week, reflecting ongoing challenges in the steel market. Prices are now assessed at USD 335-340 per ton CFR, down from USD 340-345 per ton CFR recorded last week…
Turkey's scrap import prices fell this week as mills secured cargoes at lower rates. Prices are now assessed at USD 340-345 per ton CFR, down from USD 350-360 per ton CFR last week. The decline is largely driven by weak…
Pakistan's scrap imports declined by 4.83pct YoY in October 2024, according to data from the Pakistan Bureau of Statistics. The country imported 228,217 tons of scrap during the month, down from 197,421 tons in October…
Scrap import prices in Turkey fell this week influenced by weak demand for finished steel. Current prices are assessed at USD 350-360 per ton CFR, down from USD 360-365 per ton CFR last week. The ongoing decline in…
Turkey's scrap import prices edged up slightly, fluctuating within a narrow range as suppliers held firm on prices despite a decline in Turkish steel prices. Current prices are assessed at USD 360-365 per ton CFR, up…
Turkey imported 14.9 mln tons of scrap in the first nine months of 2024, a 6.3pct increase YoY, according to the Turkish Statistical Institute (TUIK). From January to September 2024, scrap imports from the USA rose by…
UAE steel manufacturers have filed complaints with Indian customs regarding alleged illegal steel scrap imports from the UAE, citing falsified documentation and export fee evasion, as reported by Zee News. The companies…
Turkey's scrap import prices have fluctuated within a limited range this week, reflecting a slight decline. Current prices are assessed at USD 355-365 per ton CFR, down from USD 360-365 per ton CFR last week. The…
Nucor Steel Kingman has signed a 10-year services contract with Harsco Environmental, a leading global provider of steel mill services and a division of Enviri Corporation. Beginning in 2025, Harsco Environmental will…
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