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)...
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...
HRC buying slows as shipping risks mount
Saudi Arabia's HRC market has slowed, with buyers remaining cautious and import inquiries weakening amid escalating regional tensions and threats to shipping from Yemen's...
Kardemir raises billet prices in new sales round
Turkish steelmaker Kardemir has raised its billet prices by USD 30 per ton in its latest sales round, marking its first reported billet sales...
Scrap import prices face downward pressure as mills seek lower levels
Turkey's scrap import market came under pressure this week as declining domestic finished steel prices and weak demand prompted mills to seek lower prices....