Scrap import prices decline further amid weak demand and cautious buying
Turkish imported scrap prices continued to decline this week as weak finished steel demand, falling rebar prices and limited booking activity kept pressure on...
Govt imposes four-month ban on steel scrap exports, includes copper and aluminum
The UAE has introduced a temporary four-month ban on exports of steel scrap, alongside selected non-ferrous scrap, to secure domestic raw material availability.
Under Customs...
MMK completes major oxygen converter modernization
Russian steelmaker Magnitogorsk Iron & Steel Works (MMK) has completed a major modernization project at its oxygen converter shop with the installation of combined...
Tenaris to invest over USD 90 mln in Pennsylvania operations
Tenaris has announced plans to invest more than USD 90 mln in its steelmaking and seamless pipe manufacturing facilities in Pennsylvania, as part of...
Steel scrap imports decline in May
Pakistan imported 239,758 tons of steel scrap in May 2026, down by more than 25pct compared with 320,937 tons imported in the same month...
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