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Middle East News

14Nov
Saudi’s PIF enters talks to acquire Foulath: sources

Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), is in talks to acquire a …

14Nov
Rajhi Steel completes acceptance of rebar counting system

Rajhi Steel has successfully completed the acceptance process for a rebar re-inspection system at its Jeddah …

13Nov
Saudi benchmark mill issues new scrap purchase orders

Saudi Arabia’s benchmark mill has informed scrap dealers that the prices announced on 5 November for …

13Nov
German scrap prices continue to decline, exports stable
German scrap prices continue to decline, exports stable

German scrap prices have decreased so far in November due to low domestic demand and limited …

13Nov
Saudi buyers eye Qatari HBI for scrap substitution

Billet producers in Saudi Arabia are considering imports of hot-briquetted iron from Qatar due to the …

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