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Middle East News

6May
Turkey’s IDC posts lower 2023 revenue, profit

Turkish electric arc furnace-based steelmaker Izmir Demir Celik (IDC) decreased its 2023 revenue by 24.8% year-on-year …

6May
Low-quoted imported rebar squeezes Kuwait mills

Discounted rebar from Oman and Saudi Arabia is squeezing local rebar producers in Kuwait.

According to …

6May
UAE rebar prices under pressure, contractors reduce volumes

Rebar distributors in United Arab Emirates are seeing increased enquiries but for small volumes, and more …

6May
US scrap to trend mostly sideways in May

US domestic scrap prices, which are expected to settle this week for May trading, are showing …

6May
High dock prices challenge Benelux exporters

Benelux exporters have been forced to increase their dock prices due to weak inflow, although scrap …

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