GCC beams market navigates weak demand and shipping disruption
The GCC beams market remains subdued amid seasonal weakness in demand, while shipping disruptions and higher freight costs are complicating imported supply.
Due to geopolitical...
Kardemir raises billet and rebar prices in latest sales round
Turkish steelmaker Kardemir has concluded its latest sales round with higher billet and rebar prices, while firm scrap costs supported the increases.
The producer sold...
GCC billet market faces supply constraints as vessel delays disrupt deliveries
GCC rebar mills continue to face limited billet availability as vessel delays complicate deliveries into key markets. MESTEEL's August assessment puts UAE billet at...
Emirates Steel keeps September rebar prices unchanged
UAE's Emirates Steel, part of EMSTEEL Group, has kept its rebar prices unchanged for September production.
The company maintained its price for 12-32 mm rebar...
GCC HRC supply tightens as logistics challenges limit sourcing options
GCC HRC availability is tightening as shipping disruptions and elevated freight costs make Chinese material increasingly difficult to secure, while Indian mills are gaining...
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