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Middle East News

21Nov
Turkish longs continue decline amid weak sentiment

Turkish long steel producers have continued to decrease their prices this week amid poor steel sales …

21Nov
Iran's prolonged electricity restrictions causes steel output drop

Iranian semi-finished and finished steel output declined in the first seven months of the Iranian year, …

20Nov
DRI/HBI prices soften in GCC

Prices for direct reduced iron and hot-briquetted iron have softened in the Gulf Cooperation Council due …

20Nov
Riyadh, Al Kharj scrap demand grows

Saudi Arabian merchant billet producers are preparing to raise their billet quotes after the benchmark mill …

20Nov
UAE scrap consumers halt purchases, billet awaits direction

Major scrap consumers in the United Arab Emirates have significantly reduced their scrap offtake, with some …

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