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Monday, June 22, 2026

Middle East Prices

Scrap import prices retreat as steel demand remains sluggish

Turkish imported scrap prices moved lower this week as sluggish finished steel demand, falling rebar prices and limited booking activity continued to pressure the...

Scrap import market remains quiet amid weak steel demand

Turkish imported scrap prices remained largely stable this week, although trading activity continued to be subdued as steel mills limited purchases amid weak finished...

Kardemir cuts billet and rebar prices in latest sales round

Turkish steel producer Kardemir has reduced prices for billet and rebar in its latest domestic sales round. The company offered S235JR-grade billet at USD 525...

Scrap import prices weaken amid sluggish steel demand

Turkey's imported scrap prices weakened this week as steel mills continued to limit purchases due to weak finished steel demand. HMS 1&2 (80:20) import...

Hadeed keeps June long steel prices unchanged

Saudi Arabia's Saudi Iron and Steel Company (Hadeed) has maintained domestic prices for its long steel products for June production. The company is offering rebar...

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