Scrap import prices remain under pressure as finished steel demand weakens
Turkey's imported scrap market remained subdued this week as weak finished steel demand continued to weigh on buying activity. MESTEEL assessed HMS 1&2 (80:20)...
Container ship sinks with scrap shipments bound for Pakistan
A Singapore-flagged container ship sank in the Strait of Hormuz on October 13 while carrying several consignments of steel scrap bound for Pakistan, with...
Special Steels Factory secures CARES and ECAS certification for wire products
Special Steels Factory LLC has secured CARES and Emirates Conformity Assessment Scheme (ECAS) certification for its cold-worked steel wire and welded wire mesh fabric,...
McDermott begins steel fabrication for Adnoc’s SARB gas project
McDermott International has started steel fabrication for Adnoc's SARB Deep Gas Development Project, marking the beginning of manufacturing for key offshore structures and pipeline...
Structural steel market navigates growing logistics constraints
The UAE structural steel market continues to face logistics disruptions, with congestion at UAE ports and uncertainty over vessel movements through the Strait of...