Monday, June 29, 2026
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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...Al Yamamah Steel advances billet project through subsidiary investment
Saudi Arabia's Al Yamamah Steel Industries Company has confirmed it will invest SAR 75.6 mln (USD 20.15 mln) in the capital increase of its...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...Kardemir lowers domestic rebar prices in latest sales round
Turkish steel producer Kardemir has reduced domestic rebar prices in its latest sales round. The company is offering 12-32 mm rebar at TRY 26,675 (USD...
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Iron ore rises on steady steel output despite demand concerns
Iron ore futures advanced on Monday, supported by resilient Chinese steel production despite continued concerns over weak steel demand and rising global supply. Although iron...DGTR launches AD probe into hot rolled steel imports from China, Japan and Russia
India's Directorate General of Trade Remedies (DGTR) has initiated an anti-dumping investigation into imports of hot rolled flat products of alloy or non-alloy steel...Hybar to invest USD 1.1 bln in second rebar mill in Arkansas
Hybar LLC has secured USD 1.1 bln in financing to build a second environmentally sustainable scrap-based rebar mill adjacent to its existing facility in...Tubacex secures over USD 91 mln in new umbilical tube orders
Spain's Tubacex has secured new orders worth more than EUR 80 mln (USD 91 mln) for the supply of umbilical tubes to one of...
- Prices
Iron ore rises on steady steel output despite demand concerns
Iron ore futures advanced on Monday, supported by resilient Chinese steel production despite continued concerns over weak steel demand and rising global supply. Although iron...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...Iron ore rises as near-term support offsets supply concerns
Iron ore futures edged higher on Friday after reversing earlier losses, supported by resilient Chinese steel output, although the medium-term outlook remained bearish. Data from...Kardemir lowers domestic rebar prices in latest sales round
Turkish steel producer Kardemir has reduced domestic rebar prices in its latest sales round. The company is offering 12-32 mm rebar at TRY 26,675 (USD...
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