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
Russian steelmaker Magnitogorsk Iron & Steel Works (MMK) has completed a major modernization project at its oxygen converter shop with the installation of combined inert gas bottom purging systems on all three…
Tenaris has announced plans to invest more than USD 90 mln in its steelmaking and seamless pipe manufacturing facilities in Pennsylvania, as part of efforts to improve efficiency, increase production capacity and…
Pakistan imported 239,758 tons of steel scrap in May 2026, down by more than 25pct compared with 320,937 tons imported in the same month last year, according to data from the Pakistan Bureau of Statistics (PBS)…
SSAB Americas has partnered with railcar manufacturer Greenbrier and metal recycler Alter Trading to launch a closed-loop steel recycling initiative in the United States aimed at demonstrating the circular use of…
Bangladesh's steel industry has called on the government to withdraw proposed increases in VAT and import duties included in the 2026-27 national budget, warning that the measures could significantly raise production…
Turkish imported scrap prices moved lower this week as sluggish finished steel demand, falling rebar prices and limited booking activity continued to pressure the market. HMS 1&2 (80:20) import prices were assessed at…
Turkish imported scrap prices remained largely stable this week, although trading activity continued to be subdued as steel mills limited purchases amid weak finished steel demand. HMS 1&2 (80:20) import prices were…
The global long steel market remains relatively stable, although regional differences are becoming increasingly pronounced due to trade restrictions, geopolitical tensions, and changing import regulations, according to…
Turkey's imported scrap prices weakened this week as steel mills continued to limit purchases due to weak finished steel demand. HMS 1&2 (80:20) import prices were assessed at around USD 400 per ton CFR, down from USD…
Turkey imported 6.6 mln tons of ferrous scrap during the first four months of 2026, up slightly compared with the same period last year, according to data from the Turkish Statistical Institute. The United States…
Pakistan's Steel Melters Association (PSMA) has called on the government to abolish withholding tax on local scrap purchases and rationalize electricity tariffs in the federal budget for FY2026/27 to support the…
Turkey's imported scrap prices softened slightly this week as steel mills maintained cautious purchasing amid weak finished steel demand and squeezed profit margins. HMS 1&2 (80:20) import prices were assessed at around…
Pakistan imported 217,192 tons of steel scrap in April 2026, down by nearly 26pct compared with 292,945 tons imported in the same month last year, according to data from the Pakistan Bureau of Statistics (PBS). However…
Turkish steel mills returned aggressively to the deep-sea scrap market in late March after a period of cautious buying following tensions in the Middle East, according to the latest BIR World Mirror on Ferrous Metals…
Industrias Lopez Soriano, part of the Gescrap Group, has selected Danieli Centro Recycling to supply a new high-performance preshredder for its existing scrap recycling plant in Zaragoza, Spain. The new unit is aimed at…
Turkey's imported scrap prices remained largely stable this week, as steel mills continued cautious procurement amid weak finished steel demand and squeezed margins. HMS 1&2 (80:20) import prices were assessed at around…
ArcelorMittal awarded a consortium comprising Spain-based Tecnicas Reunidas and IDOM an EPCM contract for the development of new steelmaking facilities at its Dunkirk plant in France as part of the site's…
Turkey's import scrap prices remained stable this week, as firm supplier sentiment was offset by resistance from Turkish steel mills amid weak finished steel demand. HMS 1&2 (80:20) import prices were assessed at USD…
Turkey's steel exports decreased by 6.8pct YoY to 3.5 mln tons in the first quarter of 2026, while export revenues fell by 9.4pct to USD 2.3 bln, according to the Turkish Steel Producers' Association (TCUD). In March…
Turkey imported 4.7 mln tons of ferrous scrap in the first quarter of 2026, up 0.85pct YoY, according to the Turkish Statistical Institute. The United States remained the largest supplier, with shipments of 981,400…
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