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Middle East News

24Jan
Iranian currency devaluation boosts commodity demand, prices

A 10% devaluation in the Iranian local currency has led to the usual rush for raw …

23Jan
Turkish scrap market debates price floor

Scrap prices in Turkey have continued to soften on fresh deals concluded at the end of …

23Jan
GCC HRC market pulse remains subdued

Prices for imported hot rolled coil in the Gulf Cooperation Council have been stable, with few …

22Jan
January sees third rise in Egyptian rebar prices

Egyptian mills have increased their domestic rebar quotes for the third time in January. Major mills …

22Jan
Germany’s scrap exports fall, deliveries to India surge

Germany’s ferrous scrap exports and imports decreased in January-November 2023, according to data from the German …

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