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Middle East News

14Feb
Kardemir struggles to sell rebar amid weak sentiment

Kardemir published a new price list and opened domestic sales for rebar and sections on Wednesday,  …

Burcak Alpman Turkey
13Feb
Egypt’s currency crisis boosts exports

Egypt’s currency crisis has encouraged more local producers to eye exports, a situation which could sustain …

Elina Virchenko UAE
13Feb
Turkey’s absence weighs on scrap prices

The Turkish scrap market has had a slow start to the week, with mill demand absent …

Burcak Alpman Turkey
13Feb
Turkey’s welded pipe exports fall 18% in 2023

Turkish welded pipe exports recovered in December following their November slump. They rose by 5.9% on-year …

Burcak Alpman Turkey
13Feb
Japanese major returns to GCC HRC market

The Japanese major is back in the hot rolled coil market, with limited allocation to the …

Burak Odabasi Turkey
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Latest prices

+/-
Iron Ore Freight / Tubarao (BRA) -Rotterdam (EU) (Braemar) -5.0%
Ferrous scrap Freight Supramax - Houston (US)-Iskenderun (TUR) USD/t (Braemar) 6.0%
Ferrous scrap Freight Supramax - Houston (US)-Mundra (IND) USD/t (Braemer) 5.0%
Iron Ore Freight / Narvik (NOR) -Iskenderun (TUR) / USD/t (Braemar) -8.0%
Iron Ore Freight / Tubarao (BRA) -Iskenderun (TUR) / USD/t (Braemar) -5.0%
Coal Freight / QLD (AUS)-Iskenderun (Turkey) / USD/t (Braemar) -4.0%
Iron Ore Freight / Nouadhibou (W.Africa)-Qingdao (CHN) / USD/t (Braemar) -6.0%
Iron Ore Freight / Teluk (IND)-Qingdao (CHN) / USD/t (Braemar) -12.0%
More Ferrous prices

More Global Prices

+/-
Iron Ore Freight / QLD (AUS)-Mundra (IND) / USD/t (Braemar) -7.0%
Iron Ore Freight / QLD (AUS)-Qingdao (CHN) / USD/t (Braemar) -9.0%
Iron Ore Freight / Saldhana Bay (S.Africa)-Qingdao (CHN) / USD/t (Braemar) -9.0%
Iron Ore Freight / Tubarao (BRA)-Qingdao (CHN) / USD/t (Braemar) -12.0%
Iron Ore Freight / W Australia -Qingdao (CHN) / USD/t (Braemar) -10.0%
Coal Freight / Queensland (Aus)-Dhamra (India) / USD/t (Braemar) -7.0%
Iron Ore Freight - Saldanha Bay-Rotterdam USD/t (Braemar) -6.0%
Welded Pipe (S235) / Turkey FOB USD/t -2.0%
Rebar / Singapore CFR USD/t -1.0%
Rebar / Turkey / ex-Works / $/t / excl. VAT -1.7%
Wire Rod / SE Asia CFR USD/t -1.0%
Wire Rod / China FOB USD/t -1.0%
More Ferrous prices

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