Erdemir H1 profit surges on higher output and sales
Turkish integrated steel producer Erdemir Group reported a sharp increase in profitability during the first half of 2026, supported by higher production, stronger sales...
UAE-EAEU free trade agreement to take effect in October
The United Arab Emirates and the Eurasian Economic Union (EAEU) will implement their Free Trade Agreement (FTA) on October 6, 2026, following the completion...
Scrap import prices remain firm amid weaker buying sentiment
Turkey's imported scrap prices remained largely stable this week, with tight supply and high freight costs supporting the market despite cautious buying from Turkish...
Steel exports decline in Jan-Jul as trade barriers weigh
China's steel exports declined 4.4pct YoY to around 65 mln tons during the first seven months of 2026, as growing trade barriers and weaker...
Local HRC producers cut prices for September deliveries
Vietnam's domestic HRC prices declined further as leading producers Formosa Ha Tinh and Hoa Phat lowered their offers amid weak demand and growing competition...
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