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 has signed a long-term supply agreement with ferrous and non-ferrous metal recycler TSR Group for the delivery of TSR40, an innovative recycled raw material. TSR40 is produced exclusively from…
Turkey's imported scrap prices edged higher this week, with assessments at USD 360-370 per ton CFR, compared with USD 360-365 per ton last week. Market sources said the higher end of the range reflects a reported…
China Baowu Steel Group has commissioned its first 1-mln-ton-per-year near-zero carbon steel production line in Zhanjiang, Guangdong, marking a major step forward in hydrogen-based steelmaking. The new line uses…
Egyptian Customs Authority has extended the export duty on scrap and waste of stainless steel alloys classified under tariff heading 7204.21, according to an official decision. Under the measure, an export duty of EGP…
The UAE Ministry of Finance has announced Cabinet Decision No. 153 of 2025, introducing a reverse charge mechanism for VAT on metal scrap trading between registered businesses, effective January 14, 2026. The move aims…
Pakistan imported 335,526 tons of steel scrap in November 2025, up 15.6pct YoY from 290,294 tons in the same month last year, according to data from the Pakistan Bureau of Statistics (PBS). However, scrap imports…
Turkey's imported scrap prices eased slightly this week to USD 360-365 per ton CFR, down from USD 360-370 per ton CFR last week, as slowing finished steel demand kept mills cautious about booking scrap at higher levels…
Turkey's imported scrap prices held steady this week at USD 360-370 per ton CFR, with buying activity slowing as steel mills pause to assess market conditions before resuming procurement. Suppliers maintained firm offer…
JFE Bars & Shapes Corporation (JFE BS), part of the JFE Group, has chosen Danieli to replace its existing DC electric arc furnace with a new 120-ton Digimelter equipped with the Q-One power-feeding system at Mizushima…
Qatar Steel has signed a cooperation agreement with Qatar Primary Materials Company (QPMC) to recycle iron and steel recovered from construction and demolition waste at the Rawdat Rashed site. The partnership supports…
The International Rebar Producers and Exporters Association (Irepas) reports that the global long steel products market remains subdued, with demand weak across all regions and the holiday period adding further…
Turkey's imported scrap prices surged this week to USD 360-370 per ton CFR, up from USD 355-360 last week, driven by fresh bookings from Turkish steel mills. Buying activity strengthened as domestic rebar demand…
Turkey imported 15.2 mln tons of ferrous scrap in January-October 2025, a 7pct YoY decline, according to data from the Turkish Statistical Institute (TUIK). The United States remained the top supplier with 2.96 mln…
Turkey's imported scrap prices edged higher this week, rising to USD 355-360 per ton CFR from around USD 355 last week, supported by a pickup in domestic rebar demand. Kardemir's strong rebar sales in its latest…
Konepeikko Oy, a major Finnish recycling services provider, has installed a new state-of-the-art torch-cutting machine from Primetals Technologies at its facility near Ovako Imatra Oy Ab in Imatra, Finland. The…
Unimetals Recycling (UK), one of the country's largest metal recyclers, has filed for compulsory liquidation after failing to secure new financing or a buyer for its UK operations. The company had announced last year…
Turkey's imported scrap prices held largely stable this week, with assessments nudging up to around USD 355 per ton CFR from USD 350-355 per ton last week, supported by a pickup in domestic rebar demand that prompted…
Pakistan imported 381,991 tons of steel scrap in October 2025, a sharp 64pct increase from 232,747 tons in the same month last year, according to data from the Pakistan Bureau of Statistics (PBS). Month-on-month, scrap…
Voestalpine Stahl Donawitz GmbH has awarded Danieli a contract to supply five fully automated scrap-yard cranes, which will be integrated with the Danieli Scrap Yard Management System (Q3-DYMS), at its Donawitz site in…
Turkey's imported scrap prices held steady this week at USD 350-355 per ton CFR, unchanged from last week, as mills continued booking cargoes to replenish inventories. Market participants noted that more bookings are…
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