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    Middle East Steel News

    HRC exports rise 11 pct in Jan 2025 YoY

    Flat
    Turkey's HRC exports rose nearly 11pct YoY in January 2025, reaching approximately 124,000 tons, according to the Turkish Statistical Institute (TUIK). Greece was the top...

    Bena Steel’s net profit more than doubles in 2024

    ME Steel News
    Saudi Arabia's Bena Steel Industries Co. reported a significant rise in net profit for 2024, reaching SAR 10.68 mln (USD 2.84 mln), more than...

    Govt awards construction contract for gas plant project in Basra

    Iraq
    Iraq has awarded a contract to China Petroleum Engineering & Construction Corporation (CPECC) for the construction of a gas processing plant in the Southern...

    Steel imports outpace exports in early 2025 – TCUD

    Import / Export
    Turkey's steel exports rose by nearly 12pct YoY in the first two months of 2025, reaching 2.3 mln tons. The export value also saw...

    Yesilyurt Demir Celik advances sustainability goals with ResponsibleSteel certification

    ME Steel News
    Turkish long steel producer Yesilyurt Demir Celik has been recognized by ResponsibleSteel, a global initiative promoting socially and environmentally responsible, net-zero steel production. The company...

    Global Steel News

    Iron ore futures decline as trade war fears weigh on sentiment

    China
    Iron ore futures dipped on Thursday as market sentiment weakened following the latest U.S. tariff announcement. Global stock markets plunged after U.S. President Donald Trump...

    Trump unveils new import tariffs, escalating trade tensions

    Duties / Regulations
    U.S. President Donald Trump has announced a 10pct minimum import tariff on most goods entering the country, raising concerns about a potential global trade...

    AM/NS India acquires land for new integrated steel plant in Andhra Pradesh

    Expansions / Changes
    ArcelorMittal Nippon Steel India (AM/NS India) has begun acquiring land in Anakapalli district, Andhra Pradesh, for its planned integrated steel plant in Rajayapeta. The...

    Hydnum signs deal to supply green steel to Thyssenkrupp

    Global Steel News
    Hydnum Steel, Southern Europe's first clean steel plant, and Thyssenkrupp Materials Processing Europe, a leader in steel and aluminum processing, are teaming up to...

    Voestalpine Donawitz revamps LD converter for improved efficiency

    Austria
    Voestalpine Donawitz has successfully restarted its LD converter (BOF) No. 4 after a revamp by Primetals Technologies. The updated converter, with a tapping weight...
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    STEEL PRICES (USD/MT)
    Product Last Updated Price Latest Price Origin Date Updated Graph
    HMS 80:20 Scrap Only for registered user Only for registered user Various

    2/21/2025

    		 Only for registered user
    Hot Rolled Coils (3mm) - Tier 1 Mills Only for registered user Only for registered user China 2/21/2025 Only for registered user
    Hot Rolled Coils (3mm) - Tier 3 Mills Only for registered user Only for registered user China 2/21/2025 Only for registered user
    Hot Rolled Coils (1.2mm) Only for registered user Only for registered user China 2/21/2025 Only for registered user
    Cold Rolled Coils (1mm) Only for registered user Only for registered user China 2/21/2025 Only for registered user
    Rebar Only for registered user Only for registered user Turkey 2/21/2025 Only for registered user
    Wire Rod Only for registered user Only for registered user Turkey 2/21/2025 Only for registered user
    Benchmark Prices  
    Billet Only for registered user Only for registered user UAE 2/14/2025 Only for registered user
    Rebar - 10-32 mm Only for registered user Only for registered user UAE 1/23/2025 Only for registered user
    Beams - S275JR Only for registered user Only for registered user UAE 10/25/2024 Only for registered user
    Rebar - 12-32 mm Only for registered user Only for registered user Saudi Arabia 1/29/2025 Only for registered user
    Wire Rod - 6.5-16 mm Only for registered user Only for registered user Saudi Arabia 1/29/2025 Only for registered user
    (USD/mt)
    FUTURES - 11 OCTOBER 2024
    Material
    Closing Price
    (in yuan)
    Difference from Night Session (pct)
    Difference from Previous Morning Session (pct)
    Wire Rod
    3,771
    0.77
    1.88
    HRC
    3,599
    0.62
    0.58
    Rebar
    3,468
    0.23
    0.75
    Stainless Steel
    13,990
    0.25
    0.18
    Iron Ore
    789
    1.15
    1.71
    Coke
    2,139
    1.28
    2.08
    Coking Coal
    1,484
    2.77
    3.20
    New (Renewed) Steel Companies on MEsteel
    Company Country Steel tons handled per year (kt) Brief Description
    RENEWABLE LIGHTING FACTORY FOR INDUSTRY Saudi Arabia 5-20 Supplier of Octagonal and Conical Steel Pole.