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Middle East News

28Feb
High scrap, low rebar tags depress Saudi market

Saudi Arabian billet prices are being squeezed between third-tier mills' rebar wholesale prices and scrap purchasing …

28Feb
Turkish rebar exports start 2024 with decline

Following growth in November and December 2023, Turkish rebar exports register a downtick to start 2024. …

28Feb
Iranian government applies lower export tariffs retroactively

The Iranian government has officially announced lower export duties on semi-finished products and steelmaking raw materials …

28Feb
Turkey's economic confidence slides in February

Turkey’s economic confidence index fell 0.4% month-on-month in February to 99.0, following its strong start to …

28Feb
Egypt’s Ezz Steel initiates domestic rebar price drop

Egypt's flagship steelmaker, Ezz Steel, has dropped domestic ex-mill rebar prices by 12% to EGP 46,500/tonne …

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