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Monday, August 17, 2026

Middle East Prices

Scrap market sees selective buying as mills remain cautious

Turkey's imported scrap market saw some trading activity this week, but Turkish steel mills remained cautious amid weak finished steel demand and limited margins....

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...

Scrap import prices firm on tighter supply, cautious buying

Turkey's imported scrap prices remained firm this week, supported by tighter European scrap availability and higher freight costs. Buying activity, however, slowed after producers...

Kardemir achieves strong billet sales in latest round

Turkish steelmaker Kardemir has secured strong order volumes in its latest billet sales round, supported by tighter regional supply and firmer raw material costs. The...

Hadeed keeps domestic long steel prices unchanged for August

Saudi Arabia's Saudi Iron and Steel Company (Hadeed) has maintained its domestic prices for long steel products for August production, as weak demand and...

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