Scrap import prices gain on firm supplier sentiment
Turkey's import scrap market extended its upward trend this week, supported by firm supplier sentiment and high freight costs. HMS 1&2 (80:20) import prices...
Agha Steel losses narrow in 9M FY2026 on cost controls
Pakistan-based Agha Steel Industries Limited reported improved financial performance for the nine-month period ended 31 March 2026, with losses narrowing amid lower finance costs...
Hadeed raises long steel prices for May output
Saudi Arabia's Saudi Iron and Steel Company (Hadeed) has increased prices for its long steel products for May production.
Rebar (12-32 mm) prices were raised...
Erdemir Q1 profit declines 9.4pct YoY, output rises
Turkish steel producer, Erdemir Group reported a 9.4pct YoY decline in profitability in the first quarter of 2026, according to its latest financial results.
Net...
Amreli returns to profit in 9M FY2026 on loan restructuring gains
Pakistan's Amreli Steels Limited reported a return to profitability for the nine-month period ended 31 March 2026, primarily supported by gains from loan restructuring.
The...
