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Middle East News

11Mar
Jiangsu receives Liberia’s Bomi iron ore

Last week, a bulk carrier loaded with 45,340 tonnes of Liberian Bomi iron ore docked at …

Kallanish Asia
11Mar
UAE secondary mills' March rebar sales decline

United Arab Emirates rebar merchants have concluded their March-delivery rebar purchase deals with secondary mills, with …

Burak Odabasi Turkey
11Mar
Bahrain rebar distributors ask suppliers for payment extension

Bahrain's rebar traders are asking suppliers to extend payment time from 60 to 90 or 120 days. …

Burak Odabasi Turkey
11Mar
Turkey’s Borusan Pipe boosts 2023 profit

Borusan Pipe’s sales volume increased by 24.6% on-year to 1,063,000 tonnes in 2023, while 77% of …

Burcak Alpman Turkey
8Mar
Turkish scrap bookings create confusion, market seeks direction

The Turkish scrap market has fallen into a state of confusion following the latest deals heard …

Burcak Alpman 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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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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