Monday, October 5, 2026
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Scrap import prices firm on higher costs despite weak buying sentiment
Turkey's scrap import prices edged higher this week, supported by higher costs, although buying activity remained limited as slowing finished steel demand made mills...Rerollers call for review of billet import duties
Egyptian rerolling mills are calling for a review of duties on billet imports, with industry representatives arguing that the measures have contributed to higher...Arabian Pipes signs over USD 27 mln steel pipe contracts with Saudi Aramco
Saudi Arabia's Arabian Pipes Company has signed contracts with Saudi Aramco for the manufacturing and supply of steel pipes worth around SAR 103 mln...OYAK expands high-performance steel production for defense
Turkish industrial group OYAK is producing military-grade HY-100 steel domestically for Turkey's MILDEN national submarine project, according to OYAK General Manager Murat Yalcintas. Yalcintas said...
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Asian HRC prices consolidate as mills maintain firm offers
Asian HRC markets are showing mixed conditions in early October, with mills in India and Southeast Asia maintaining firm offers while buying interest remains...Hoa Phat raises domestic HRC prices for November
Vietnam's leading steelmaker Hoa Phat Group has raised its domestic HRC prices for November delivery by around USD 10 per ton month-on-month. Non-skinpass SAE1006/SS400...Zhongshou Arvedi ESP line breaks thin-slab productivity records
Zhongshou Special Steel's newly commissioned Arvedi ESP endless casting and rolling line in China has surpassed productivity and production ramp-up records for thin-slab casting...NMDC iron ore output rises in H1 FY27
India's state-owned NMDC increased iron ore production by 23pct YoY to 27.27 mln tons in April-September of fiscal 2026-27, compared with 22.20 mln tons...
- Prices
Scrap import prices firm on higher costs despite weak buying sentiment
Turkey's scrap import prices edged higher this week, supported by higher costs, although buying activity remained limited as slowing finished steel demand made mills...Asian HRC prices consolidate as mills maintain firm offers
Asian HRC markets are showing mixed conditions in early October, with mills in India and Southeast Asia maintaining firm offers while buying interest remains...Hoa Phat raises domestic HRC prices for November
Vietnam's leading steelmaker Hoa Phat Group has raised its domestic HRC prices for November delivery by around USD 10 per ton month-on-month. Non-skinpass SAE1006/SS400...Hadeed holds October long steel prices as demand remains slow
Saudi steel producer Hadeed has kept its domestic rebar and wire rod prices unchanged for October. The company's rebar in 12-32 mm sizes is offered...
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