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Saturday, May 23, 2026

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Scrap import prices remain under pressure amid weak steel demand

Turkey's imported scrap prices softened slightly this week as steel mills maintained cautious purchasing amid weak finished steel demand and squeezed profit margins. HMS...

Kardemir raises domestic rebar prices

Turkish steel producer Kardemir has increased domestic rebar prices in its latest sales round announced on May 21. The company set prices for 12-32 mm...

Emirates Steel hikes June rebar prices

UAE-based Emirates Steel, part of EMSTEEL Group, has increased rebar prices for June production. The company raised rebar prices by AED 100 (USD 27) per...

Iron ore futures weaken on rising supply concerns

Iron ore futures remained under pressure on Friday amid rising supply levels and concerns over steel demand, although losses were limited by relatively firm...

Diler Holding produces silicon-alloyed spring steel wire rod

Turkish steel producer Diler Holding announced the successful production of 30 mm diameter silicon-alloyed, heat-treatable spring steel wire rod in cold heading quality for...

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