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Middle East News

26Feb
US scrap market debates extent of March decline

As sentiment turns more bearish, steep price declines have become inevitable in the US scrap market, …

26Feb
UAE traders bargain over March-delivery rebar quotes

United Arab Emirates rebar merchants are negotiating hard with local secondary rebar producers and Oman’s Jindal …

26Feb
Saudi's SSPC boosts profit, sales via GPC acquisition

Tenaris subsidiary Saudi Steel Pipe Company (SSPC) posted in 2023 a 78.5% on-year consolidated revenue increase to …

26Feb
Saudi’s Hadeed stabilises March longs prices

Saudi Arabia's largest steelmaker, fully integrated Jubail-based Hadeed, has retained its domestic March-rolling finished long steel quotes …

26Feb
Vale increases Mid-East deliveries, sales in fourth quarter

Brazilian miner Vale’s iron ore and pellet shipments in the Middle East grew 23.1% on-quarter and 9.7% …

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