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
Indian scrap recycler MTC Business Private Ltd receives investment from Japan’s Mitsui & Co., Ltd., solidifying a strategic partnership for the expansion of metal recycling operations in India. MTC is set to become an…
Turkey's scrap import prices remained stable ahead of the upcoming Eid holidays, despite sluggish demand for finished steel. Currently, scrap import prices in Turkey are assessed at USD 379-382 per ton CFR. The rise in…
Turkey's scrap import prices experience further decline as steel demand remains subdued. Scrap import offers for the Turkish market are in the range of USD 345-350 per ton CFR, reflecting a decrease of USD 5-10 per ton…
Turkey's scrap import prices witnessed a significant decline as buyers secured cargoes at lower prices. Scrap import offers for the Turkish market now stand at about USD 355 per ton CFR, marking a decrease of USD 10-15…
According to the Pakistan Bureau of Statistics, scrap imports in Pakistan have experienced a significant YoY decrease of almost 50pct, with a total of 121,877 tons imported in June 2023. This quantity represents the…
Turkey's scrap import prices continue to face downward pressure as the demand for finished steel remains lackluster. Scrap import offers for the Turkish market are in the range of USD 365-370 per ton CFR, representing a…
Turkey has witnessed a decrease in scrap import prices over the past two weeks as buying activity remains minimal due to weak finished steel. Scrap import offers for the Turkish market hover around USD 375 per ton CFR…
The State Bank of Pakistan (SBP) has eased the import restrictions that were imposed in December last year in an attempt to appease the International Monetary Fund (IMF). However, both the business community and…
Turkey's scrap import prices have remained unchanged in the past week as mills refrain from entering the market amid sluggish steel demand. Scrap import offers for the Turkish market are currently hovering around USD…
The Pakistan Bureau of Statistics has reported a substantial YoY decrease of 38pct in scrap imports, with a total of 126,194 tons imported in May 2023. Pakistan had imported 203,474 tons of scrap in May 2022…
Major Japanese steel manufacturers are speeding up technology development and investment in a push to decarbonize their operations. According to statistics compiled by the National Institute for Environmental Studies…
Turkey’s scrap import prices increased over the past week as mills booked cargoes at higher rates. Scrap import offers for Turkish market are at about USD 390 per ton CFR, marking an increase of USD 5-10 per ton…
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