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Middle East News

20Dec
Turkish scrap stabilises, whilst some players forecast correction

Turkish mills are keeping their domestic scrap buying prices unchanged this week, Kallanish notes.

Business activity …

20Dec
Lack of demand weighs on Iranian semis

Iranian producers have increased their target billet prices to $475-485/tonne fob Iran for the new round …

20Dec
Turkey becomes net importer, exports behind target: CIB

Turkey has become a net importer of steel products amid difficult conditions in 2023, points out …

20Dec
Saudi domestic scrap supply grows, payments non-cash

Saudi Arabian domestic scrap supply is pleasing scrap buyers, but traders are unhappy about non-cash payments. …

20Dec
WTO rules against Turkey in US complaint

The World Trade Organisation (WTO) dispute panel has found that Turkey’s retaliatory duties against the US …

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