Monday, September 28, 2026
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Scrap import prices hold as buying loses momentum
Turkey's scrap import prices remained largely unchanged this week, although Turkish mills have become more cautious about further purchases amid slower finished steel sales....HRC market remains slow as logistics constrain imports
Saudi Arabia's HRC market remains slow, with cautious buying and logistics constraints continuing to weigh on import activity amid the current regional situation. Chinese HRC...Billet imports rise in Jan-Jul 2026
Turkey's billet imports increased 28 pct YoY to around 3 mln tons in the first seven months of 2026, according to data from the...East Pipes signs steel pipe supply contract with Aramco
Saudi Arabia's East Pipes Integrated Company for Industry has signed a contract worth more than SAR 46 mln (USD 12.3 mln), including VAT, with...
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Finished steel imports outpace exports in April-August
India was a net importer of finished steel during the first five months of the financial year that began in April, with finished steel...Welspun’s US unit secures major HFIW pipe contract
Welspun Corp's wholly owned US subsidiary, Welspun Tubular LLC, has secured its largest-ever order for high-frequency induction welded (HFIW) pipes, valued at approximately USD...JFE Steel expects prolonged production disruption at East Japan Works after flooding
JFE Steel's East Japan Works in Chiba continues to face production disruptions following flooding caused by heavy rain in August and September, with the...Outokumpu advances low-carbon ferrochrome technology toward pilot production
Outokumpu has unveiled EvoMaterials, a proprietary technology platform designed to produce low-CO2, high-purity ferrochrome and other metals, as the company advances the technology toward...
- Prices
Scrap import prices hold as buying loses momentum
Turkey's scrap import prices remained largely unchanged this week, although Turkish mills have become more cautious about further purchases amid slower finished steel sales....HRC market remains slow as logistics constrain imports
Saudi Arabia's HRC market remains slow, with cautious buying and logistics constraints continuing to weigh on import activity amid the current regional situation. Chinese HRC...Iron ore futures consolidate as weak demand weighs on market
China's iron ore futures were largely unchanged on Thursday as expectations of tighter Brazilian supply and high freight rates were offset by weakening steel...Rebar prices turn higher after months of stability as mills pass on higher costs
Egyptian rebar prices are set to rise in October, with local media and market sources reporting that Ezz Steel and other major producers plan...
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