Global steel and raw material markets witnessed mixed price movements on Saturday, October 17, 2026, with declines in scrap, iron ore, rebar and wire rod prices, while billet prices increased in the Turkish market, according to global steel market data. Prices for HMS 1&2 (80:20 mix) steel scrap imported into Türkiye from the United States
Steel prices in the third week of October 2026 Read More »
Ezz Calls on industrialists and investors to invest and produce within Africa Eng. Ahmed Ezz, Chairman of the Board of Directors of Ezz Steel Company, affirmed that developing industry in Africa requires building an integrated industrial system, linked to competitive energy prices, the availability of transportation and ports, facilitating financing, and developing skills, in
Most prices of major steel products and raw materials remained stable in global markets during the first week of October 2026, with limited movements in some products. Prices of Turkish HMS 1&2 (80:20) scrap, CFR Turkey from the USA, stood at around $403 per tonne, unchanged from the previous week. Meanwhile, 62% Fe iron ore,
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Global steel and raw material markets witnessed mixed price movements during the fourth week of September 2026, with scrap prices increasing, while iron ore, billet, and Turkish rebar prices declined. Meanwhile, prices of some other products remained stable. The price of HMS 1&2 (80:20) scrap in Turkey, imported from the United States on a CFR
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Global markets for raw materials and steel products recorded noticeable price increases in several products during the third week of September 2026, with continued gains in scrap, billet and rebar prices, alongside increases in flat steel products, while iron ore prices remained stable at their previous levels. HMS 1&2 (80:20) scrap in the Turkish market,
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Most major iron and steel products in global markets recorded price increases during the second week of September 2026, according to price data obtained by the Arab Iron and Steel Union. HMS 1&2 (80:20) scrap in Turkey, of U.S. origin, was priced at $390 per tonne CFR, up $10 per tonne from the previous week.
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Most steel products and raw materials recorded a notable increase in prices in global markets during the first week of September 2026, according to data obtained by the Arab Iron and Steel Union. HMS 1&2 scrap (80:20 mix) in Turkey, CFR from the United States, was priced at around $380 per ton, up $5 per
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Global steel and raw material prices recorded limited and mixed movements during the last week of August 2026, according to data obtained by the Arab Iron and Steel Union (AISU). While some key raw materials remained stable, several steel products recorded noticeable increases, reflecting a balance between production costs and cautious buying sentiment in global
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Steel and iron ore prices in global markets showed mixed movements during the week ending August 22, 2026, with rebar and wire rod prices increasing, while scrap, billet, and Russian hot-rolled coil prices declined, according to data obtained by the Arab Iron and Steel Union. HMS 1&2 (80:20 mix) scrap in Turkey, of U.S. origin,
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Iron and steel product prices in global markets recorded limited movements this week compared with the previous week, with a number of products remaining stable, while some products registered slight increases and decreases, according to data obtained by the Arab Iron and Steel Union. HMS1&2 steel scrap (Mix 80:20) in Turkey – CFR from the
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Steel and raw material prices showed mixed price movements at the beginning of the second week of August, according to data obtained by the Arab Iron and Steel Union. The price of HS1&2 scrap (80:20 mix), Turkey, ex-USA CFR, stood at around USD 375 per ton, down by USD 1 per ton compared to the
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Iron and raw material prices recorded mixed movements at the beginning of August, according to data obtained by the Arab Iron and Steel Union. Scrap prices remained stable, while iron ore and some steel product prices declined, whereas billet prices increased in several markets. Prices of HMS 1&2 (80:20) scrap, exported from the United States
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Global steel and raw material prices recorded mixed movements during the fourth week of July 2026, according to data obtained by the Arab Iron and Steel Union (AISU). Scrap prices increased significantly, while iron ore prices declined. Meanwhile, prices of most other steel products remained stable, with Chinese cold-rolled coil prices registering a notable decrease.
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Global steel and raw material prices showed mixed trends during the third week of July 2026, according to data obtained by the Arab Iron and Steel Union. Scrap prices continued their slight decline, while iron ore and Chinese billet prices increased, whereas most other steel product prices remained stable. Imported HMS 1&2 (80:20) scrap prices
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Global iron and steel prices showed mixed trends in the second week of July 2026, according to data obtained by the Arab Iron and Steel Union (AISU). Australian iron ore prices increased, while several steel products and raw materials continued to decline. The price of imported HMS 1&2 (80:20) scrap in Turkey recorded a slight
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Global steel and raw material prices remained under pressure in the first week of July 2026, according to data obtained by the Arab Iron and Steel Union. Scrap prices continued to decline, while iron ore, billet, and rebar prices fell across several major markets. Meanwhile, some products maintained stable price levels without significant changes. Imported
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Global steel and raw material prices witnessed relative stability across most products during the fourth week of June 2026, according to data obtained by Arab Iron and Steel Union. Scrap prices continued their slight decline, while iron ore and billet prices maintained relative stability in most markets. Meanwhile, finished steel products recorded limited fluctuations between
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Global steel and raw material markets recorded mixed movements in the week ending June 20, 2026, as scrap and iron ore prices continued their downward trend, while billet prices showed limited fluctuations in some markets, amid ongoing caution across global markets and close monitoring of demand developments. These movements reflect a continuation of market trends
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Global iron and steel markets witnessed relative stability in most raw material and steel product prices in the second week of June 2026, with some limited declines recorded in billet and wire rod prices, according to data obtained by Arab Iron and Steel Union. Prices of HMS 1&2 (80:20 mix) scrap imported by Turkey from
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Global steel and raw material prices recorded mixed movements in the first week of June 2026, with scrap and iron ore prices declining, while billet prices remained stable in some markets and certain finished steel products registered modest gains. This is according to data obtained by the Arab Iron and Steel Union. Imported HMS 1&2
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Steel and raw material prices in global markets witnessed notable fluctuations during the fourth week of May compared to the previous week. Scrap, iron ore, and some finished steel products recorded declines, while Russian billet and Russian hot rolled coil prices posted slight increases, amid continued market caution and weak demand in several global markets,
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Global market data showed slight movements in raw material prices during the third week of May, while some finished products recorded notable increases, particularly in Asian markets, according to data obtained by the Arab Iron and Steel Union. In the raw materials market, the price of HS1&2 scrap (80:20 mix) exported to Turkey (CFR ex-USA)
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Global iron and steel markets witnessed mixed price movements during the second week of May, as prices of raw materials and semi-finished products increased, while finished products showed mixed performance, according to data obtained by the Arab Iron and Steel Union. In the raw materials market, prices of imported HS1&2 scrap (80:20 mix) into Turkey
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The Board of Directors of the Arab Iron and Steel Union held its 132nd ordinary meeting in the Algerian capital, Algiers, chaired by Eng. Ahmed Ezz, Chairman of the Union, with the participation of Board members. During the meeting, a number of organizational, financial, and strategic issues related to the Union’s activities and the future
Steel production in Arab countries recorded noticeable growth during 2025, with total output for the January–December period reaching around 43.7 million tonnes, an increase of 7.2% compared to the same period in 2024. December production alone rose to 3.9 million tonnes, marking a year-on-year growth of 6.1%. Gulf RegionGulf countries continued to show strong performance,
Steel production in Arab countries increased by 7.2% in 2025 Read More »
Saudi Iron & Steel Company (Hadeed) announced an increase in rebar prices for February 2026 sales. According to the company, prices for rebar sizes 12–32 mm were adjusted upward by SAR 70 (USD 19) per ton, reaching SAR 2,260 per ton (USD 603). Meanwhile, prices for wire rod coils in sizes 6.5–16 mm rose by
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Global iron and steel markets witnessed relative stability during the fourth week of January, with most prices remaining unchanged compared to the previous week, according to data obtained by the Arab Iron and Steel Union. In the raw materials market, prices of imported HS1&2 scrap (80:20 mix) into Turkey (ex-USA, CFR) stabilized at $376 per
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Emirates Steel, a subsidiary of the EMSTEEL Group, announced that it has maintained rebar prices for February 2026 production. The company kept the ex-works price of rebar unchanged at AED 2,648 (USD 721). The above prices do not include the 5% value-added tax (VAT). Emirates Steel is headquartered in Abu Dhabi, with an annual production
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World crude steel production for the 70 countries reporting to the World Steel Association (worldsteel) was 139.6 million tonnes (Mt) in December 2025, a 3.7% decrease compared to December 2024. Africa produced 1.9 Mt in December 2025, down 0.3% on December 2024. Asia and Oceania produced 99.7 Mt, down 6.3%. The EU (27) produced 9.9
Global Crude Steel Production Declines by 3.7% in December 2025 Read More »
The U.S. Department of Commerce announced a preliminary determination that Egyptian producers and exporters of rebar receive government subsidies subject to countervailing duties, and decided to impose countervailing duties of 29.51% on Egyptian imports of the product into the U.S. market. According to a statement by the Department’s Enforcement and Compliance Administration, the investigation covers
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