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Monday, August 3, 2026

Middle East Prices

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...

Scrap import prices rise on renewed buying interest

Turkish imported scrap prices moved higher this week as steel mills returned to the market to replenish inventories after delaying purchases over the past...

Kardemir raises domestic rebar prices

Turkish steelmaker Kardemir has increased domestic rebar prices in its latest sales round. The producer is offering 12-32 mm rebar at TRY 27,295 (USD 578)...

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