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Middle East News

23Aug
Saudi billet prices squeeze steelmaker margins

Saudi billet prices have been stable at SAR 1,900-1,925/tonne ex-works ($507-513) with minor exceptions since the …

23Aug
ESCO's billet tender closes at higher bids

Iran's sole blast furnace steelmaker, Esfahan Steel Company (ESCO), has announced that its 30,000 tonne October-readiness …

23Aug
Kardemir sells 20,000t of rebar, closes sales

Kardemir published a new price list and opened sales for rebar on Wednesday, Kallanish notes.

Rebar …

22Aug
Far Eastern suppliers bag HRC orders in GCC
Far Eastern suppliers bag HRC orders in GCC

The Gulf Cooperation Council hot rolled coil market is again being dominated by Far Eastern suppliers, …

22Aug
Fresh EU deal confirms Turkish scrap trend reversal

The recent upward trend in Turkish scrap prices has officially reached an end on a fresh …

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