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Middle East News

2May
GCC billet demand declines over rebar sales forecasts

Billet demand in Oman and the United Arab Emirates has fallen in line with sliding bids, to …

2May
Turkish long steel sales remain subdued, sentiment bearish

Turkish long steel producers are seen struggling for sales in both domestic and export markets, while …

2May
Far East sentiment pushes Iran billet prices higher

Iranian semi-finished steel supply is increasing, as are export prices. The surge in Far Eastern billet …

2May
Kardemir posts 2023 profit growth despite lower revenue

Kardemir decreased revenue by 4.7% on-year in 2023 to TRY 51.6 billion ($1.59 billion). The Turkish …

2May
Turkish rebar exports continue growth in March

Following their rebound in February, Turkish rebar exports continued growing in March. They rose 11.5% year-on-year …

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