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
Thyssenkrupp Steel will begin supplying its Bluemint recycled, a CO2-reduced steel product, to the BMW Group this year, the company said. The material will be used in series production of the BMW iX3, including outer…
The latest quarterly report from the Bureau of International Recycling (BIR) shows global ferrous scrap markets starting 2026 on a firmer footing, with supply constraints contributing to early-year price gains. Turkey…
Turkey's scrap import market remained under pressure this week as Turkish steel mills continued to curb buying amid weak finished steel demand, while suppliers held firm on prices due to tight availability and higher…
China's Shandong Xinxu Group has expressed interest in a proposed steel-linked maritime industrial project at Port Qasim, as Pakistan seeks to strengthen domestic steel production and reduce reliance on imports…
Turkey's scrap import prices remained unchanged this week as buying activity by Turkish steel mills stayed limited amid weak finished steel demand. Scrap import prices were assessed steady at USD 370-375 per ton CFR…
Sims Limited has agreed to acquire the assets of Tri Coastal Trading (TCT) in Houston, Texas, for USD 66.5 mln as part of a strategy to consolidate its Houston operations and reduce operating costs, according to the…
Salzgitter AG has expanded its long-standing cooperation with Volvo Cars through a closed-loop recycling partnership that strengthens circular economy practices between the two companies. Under the initiative, known as…
Turkey's scrap import prices remained largely unchanged this week, as weak finished steel demand and cautious buying continued to weigh on the market. Turkey's scrap import prices were assessed steady at USD 370-375 per…
Turkey imported 18.7 mln tons of ferrous scrap in 2025, marking a 6.5pct YoY decline, according to data from the Turkish Statistical Institute (TUIK). The United States remained Turkey's largest scrap supplier…
Turkey's scrap import prices remained unchanged this week as weak finished steel demand continued to curb buying appetite among steelmakers. Scrap import prices were assessed stable at USD 370-375 per ton CFR. Turkish…
Saudi Arabia's Ministry of Industry and Mineral Resources has introduced a national licensing framework for the waste recycling industry as part of efforts to attract up to USD 10.7 bln in private investment. The…
Turkey's imported scrap market remained firm but largely sideways this week, with prices assessed unchanged at USD 370-375 per ton CFR, as tight supply conditions offset cautious buying by Turkish steel mills. Scrap…
Tenaris is restarting heat treatment and finishing operations at its Koppel, Pennsylvania facility, reinforcing its focus on supplying domestically produced steel pipes to the US energy sector. The move follows a USD…
Turkey's imported scrap prices firmed this week, with assessments rising to around USD 370-375 per ton CFR, compared with USD 370 per ton previously. The uptick came despite subdued buying activity, as sellers…
The global scrap steel market is entering 2026 facing continued uncertainty, as subdued steel demand, record Chinese steel exports and slower-than-expected decarbonization efforts weighed on scrap consumption and prices…
UAE-based Arabian Gulf Steel Industries (AGSI) has completed both cold and hot trials at its new rolling mill, HRM 3, located at ICAD II in Abu Dhabi. The mill is now in the final stages of commissioning and…
Turkey's scrap import prices inched higher this week, with assessments rising to around USD 370 per ton CFR, compared with USD 360-370 per ton last week. The firming trend was driven mainly by a strong stance from…
Pakistani shipbreaking firm Prime Green Recyclers has brought into operation a ship recycling facility in Gadani certified under the Hong Kong International Convention (HKC), marking a first for Pakistan. Founded in…
Turkey imported around 17 mln tons of ferrous scrap in the January-November 2025 period, down nearly 6.7pct YoY, according to data from the Turkish Statistical Institute (TUIK). The United States remained Turkey's…
Turkey's steel market in 2025 was shaped above all by scrap price behaviour and margin discipline, with developments in billet imports, production levels, and Turkish long steel export offers reinforcing a market…
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