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. […]
Steel prices in the second week of September 2026 Read More »
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
Steel prices in the first week of September 2026 Read More »
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
Steel prices in the last week of August 2026 Read More »
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,
Steel prices in the fourth week of August 2026 Read More »
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
Steel prices in the third week of August 2026 Read More »
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
Steel prices in the second week of August 2026 Read More »
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
Steel prices on August 1, 2026 Read More »
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.
Steel prices in the fourth week of July 2026 Read More »
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
Steel prices in third week of July 2026 Read More »
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
Steel prices in the second week of July 2026 Read More »
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
Steel prices in the first week of July 2026 Read More »
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
Steel prices in the fourth week of June 2026 Read More »
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
Steel prices in the third week of June 2026 Read More »
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
Steel prices in the second week of June 2026 Read More »
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
Steel prices in the first week of June 2026 Read More »
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,
Steel prices in the fourth week of May 2026 Read More »
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)
Steel Prices in the third Week of May 2026 Read More »
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
Steel Prices in the Second Week of May 2026 Read More »
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
Hadeed Raises Rebar Prices for February 2026 Read More »
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
Steel Prices in the Fourth Week of January 2026 Read More »
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
Emirates Steel Maintains Rebar Prices for February 2026 Read More »
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
US Imposes Duties on Rebar Imports from Egypt Read More »
The German Steel Association reported in its annual report that the crisis in Germany’s steel industry deepened in 2025, with only 34.1 million tons of crude steel produced—the lowest level since the global financial crisis year of 2009, when output stood at 32.7 million tons. The association noted that production declined by 8.6% compared with
German steel production falls to its lowest level since 2009 Read More »
Iron ore futures prices declined for the fifth session in a row, driven by increased shipments from Rio Tinto, the world’s largest iron ore supplier, alongside rising concerns over safety measures at Chinese plants, which have cast a shadow over demand expectations. The most actively traded iron ore contract for May delivery on China’s Dalian
Iron ore prices fall for the fifth consecutive session Read More »
BHP Group, the world’s largest mining company, produced 69.7 million tons of iron ore in the second quarter, marking a 5% increase compared with the same period last year, and reaffirmed its full-year production guidance. Copper output fell by 4% in the three months ended at the end of December, reaching 490,500 tons. The red
BHP boosts iron ore output amid pricing pressure from China Read More »
Rebar prices in Egypt ranged this week between EGP 33,500 and EGP 37,000 per ton. Major producers recorded clear price increases compared with last week. The price of Ezz Steel rose to EGP 37,000 per ton, up EGP 2,800, while Suez Steel increased to EGP 36,500 per ton, posting a similar gain. El Marakby Steel
Rebar Prices in Egypt – January 19, 2026 Read More »
Rio Tinto and BHP have agreed to explore collaboration to extract up to 200 mln tons of iron ore from their neighboring Yandicoogina and Yandi operations in the Pilbara. Under two non-binding memoranda of understanding, the companies will assess joint development of Rio Tinto’s Wunbye deposit and the supply of ore from BHP’s Yandi Lower
Rio Tinto, BHP explore joint iron ore development in Pilbara Read More »