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 remained broadly stable this week, with Turkish mills maintaining a cautious purchasing approach. MESTEEL assessed HMS 1&2 (80:20) at USD 375 per ton CFR Turkey, unchanged week-on-week…
Turkey's imported scrap prices remained range-bound this week, with Turkish steel mills showing limited buying interest amid weak finished steel demand and cautious purchasing. MESTEEL assessed HMS 1&2 (80:20) at USD…
SSAB has partnered with US railcar manufacturer Greenbrier and metal recycler Alter Trading to complete a batch of 50 gondola railcars using SSAB Zero steel as part of a closed-loop recycling initiative. The railcars…
Turkey's imported scrap market saw some trading activity this week, but Turkish steel mills remained cautious amid weak finished steel demand and limited margins. MESTEEL assessed HMS 1&2 (80:20) at USD 375 per ton CFR…
New Zealand Steel has produced its first commercial steel from a new electric arc furnace (EAF) at its Glenbrook steelworks, marking a major step in the transition to lower-carbon steelmaking. The new EAF, commissioned…
Turkey's imported scrap prices remained largely stable this week, with tight supply and high freight costs supporting the market despite cautious buying from Turkish mills. MESTEEL assessed HMS 1&2 (80:20) import prices…
Turkey imported 9.7 mln tons of ferrous scrap in the first half of 2026, up 3.2pct YoY, according to data from the Turkish Statistical Institute (TUIK). The United States remained Turkey's largest scrap supplier during…
The Pakistani government has introduced a new mechanism for collecting sales tax from electricity-based steel melters, re-rollers and composite units, linking tax payments directly to electricity consumed during…
Turkey's imported scrap prices remained firm this week, supported by tighter European scrap availability and higher freight costs. Buying activity, however, slowed after producers stepped back to reassess market…
Salzgitter AG has awarded a contract to Italy's Tenova to supply, install and commission Germany's largest electric arc furnace (EAF) at its subsidiary Huttenwerke Krupp-Mannesmann (HKM) in Duisburg, marking a major…
Turkish imported scrap prices moved higher this week as steel mills returned to the market to replenish inventories after delaying purchases over the past few weeks. MESTEEL assessed HMS 1&2 (80:20) import prices at USD…
Turkish imported scrap prices remained broadly stable this week as steel mills continued to purchase only limited volumes amid subdued finished steel demand and weak export activity. MESTEEL assessed HMS 1&2 (80:20)…
Drydocks World has completed the recycling of an Aframax tanker at its Dubai facility, recovering more than 20,000 tons of steel, machinery and other materials for reuse, the company said. The project, carried out for…
Ship recycling operations have resumed at Pakistan's Gadani Ship Breaking Yard after an eight-year suspension, with seven vessels arriving for dismantling, according to local media reports. The resumption follows…
Pakistan imported 323,896 tons of steel scrap in June 2026, up nearly 65pct from 196,424 tons in the corresponding month last year, according to data from the Pakistan Bureau of Statistics (PBS). Steel scrap imports…
Turkish imported scrap prices remained under pressure this week as weak finished steel demand, sluggish export sales and cautious mill buying continued to weigh on the market. MESTEEL assessed HMS 1&2 (80:20) import…
Turkey imported 8.1 mln tons of ferrous scrap during the first five months of 2026, almost unchanged from the same period last year, according to data from the Turkish Statistical Institute (TUIK). The United States…
Turkish imported scrap prices extended their decline this week as weak finished steel demand, softer export prospects and cautious mill buying continued to pressure the market. MESTEEL assessed HMS 1&2 (80:20) import…
Turkish imported scrap prices continued to decline this week as weak finished steel demand, falling rebar prices and limited booking activity kept pressure on the market. MESTEEL assessed HMS 1&2 (80:20) import prices…
The UAE has introduced a temporary four-month ban on exports of steel scrap, alongside selected non-ferrous scrap, to secure domestic raw material availability. Under Customs Notice No. 13/2026, issued by Dubai Customs…
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