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Middle East News

8Mar
Turkish scrap bookings create confusion, market seeks direction
Turkish scrap bookings create confusion, market seeks direction

The Turkish scrap market has fallen into a state of confusion following the latest deals heard …

8Mar
Halted scrap downtrend fuels Turkish merchant bar hopes

Turkish merchant bar producers have struggled to hold their prices amid raw material price declines, with …

8Mar
Saudi-based Ceer awards electric vehicle plant construction contract

Ceer has awarded a SAR 5 billion ($1.3 billion) contract to Saudi firm Modern Building Leaders …

8Mar
Magnum acquires 50% in Saudi pig iron JV

Australian-listed Magnum Mining and Exploration has agreed to acquire 50% of Saudi Middle East for Metallic …

7Mar
Weak demand constrains HRC trade in Turkey

The Turkish market for hot rolled coil has continued to struggle, with weak demand both domestically …

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