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...
Kardemir Celik H1 profit pressured by higher costs
Turkey's Kardemir Celik Sanayi reported a 26.3pct YoY increase in sales revenue to TRY 13.92 bln (USD 290 mln) in the first half of...
Al Yamamah Steel secures financing for billet plant
Saudi Arabia's Al Yamamah Steel Industries is advancing its planned billet production project after its subsidiary, Al Yamamah Company for Reinforcing Steel Bars, signed...
Ajeej Steel secures USD 20 mln working capital facility
Saudi Arabia's Ajeej Steel Manufacturing Co., a subsidiary of National Building & Marketing Co., has signed a five-month Sharia-compliant banking facility worth SAR 75...
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