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Middle East News

13Mar
Habas awaits environmental approval for bar mill

The environmental impact assessment examination of Habas’s hot rolling mill project in Aliaga has been completed, …

Burcak Alpman Turkey
13Mar
Turkey’s Kaptan completes wire rod mill modernisation

Turkish long steel producer Kaptan Celik has issued Primetals with the final acceptance certificate for its …

Burcak Alpman Turkey
13Mar
Far East sentiment drives down Iranian billet

Iranian billet export prices are falling, driven by the decline in the Far East market, the …

Burak Odabasi Turkey
13Mar
Arrow Minerals raises $10m to accelerate Simandou North

Australia-listed Arrow Minerals announced a $10 million capital raising on 13 March via a placement of …

Kallanish Asia
13Mar
Saudi's Ajeej Steel renews credit facility

Riyadh-based Ajeej Steel, a National Building and Marketing (NBM) Co subsidiary, has renewed a SAR 127 …

Burak Odabasi Turkey
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Latest prices

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Rebar / India / Ex-Works / Raipur / INR/t -1.0%
Billet / GCC / CFR USD/t -3.0%
Billet / Saudi Arabia / Ex-Works SAR/t 0.0%
HDG / Italy Ex-Works EUR/t -1.0%
E8 Light New Scrap / Italy Ex-Works EUR/t -1.0%
E6 New cutting scrap (DKP) / Turkey / delivered basis, TRY/t -0.5%
E1 Heavy Demolition Scrap / Italy Delivered Basis EUR/t 3.0%
E40 Shredded Scrap / Italy Delivered Basis EUR/t 2.0%
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More Global Prices

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E2 & E3 Shipbreaking scrap /Turkey / Delivered basis / USD/t -3.4%
E3 Demolition Scrap / Germany Ex-Works EUR/t -0.0%
E3 Demolition Scrap / Italy Delivered Basis EUR/t 5.0%
E3 Demolition Scrap / Austria Ex-Works EUR/t 0.0%
Plate / N America Ex-Works USD/s.ton -5.0%
CRC / N America Ex-Works USD/s.ton -3.0%
HRC / N America Ex-Works USD/s.ton -2.0%
HMS 1&2 80:20 / UAE, delivered basis AED/t 0.0%
HMS 1/2 80:20 / Bangladesh / CFR USD/t 0.0%
HMS 1/2 Scrap / Taiwan CFR USD/t -3.0%
Heavy Scrap / China / CNY/t 0.0%
Billet / Tangshan Ex-Works CNY/t 0.0%
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