According to the prices announced in the global steel markets, scrap prices amounted to $368/ tonne, $1 up compared to last week’s prices. and iron ore prices $102/ tonne, $10 up compared to last week’s prices. While the prices of billets ranged between 455 – 585 Dollars per tonne, while it was between 455 – …
Iron ore prices traded on the Singapore Exchange continued to rise for the fourth consecutive day during Friday’s session, exceeding $100 per ton, supported by the monetary easing measures that China began implementing this week. Singapore iron ore futures prices rose by 3.68% to $102.15 per ton at 12:27 p.m. Mecca time, extending its gains …
Iron ore prices rise more than 3.5% to exceed $100 per ton Read More »
A recent report revealed a 15% decline in Egypt’s iron and steel exports in January – August of this year, reaching $1.368 billion, compared to $1.617 billion in the same period last year. Italy came in first place among importers of Egyptian iron with a value of $161 million, followed by Spain with $153 million, …
$1.3 billion is the volume of Egypt’s iron and steel exports in January – August 2024 Read More »
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Dr. Manal Awad, Minister of Local Development, announced the President of the Republic’s approval of the joint study prepared by the Ministry of Local Development in cooperation with the Ministry of Housing to cancel the building and planning requirements currently in effect in Egyptian cities in the governorates, which were issued in March 2021, and …
Saudi Iron and Steel Company (Hadeed) will reduce its long steel prices for October deliveries due to sluggish demand, according to market insiders. The company plans to lower the price of rebar (12-32 mm) by SAR 70 ($19) per ton, bringing the new price to SAR 2,300 ($613) per ton. Similarly, the price of wire …
Saudi Iron and Steel Company – Hadeed – Reduces Rebar Prices for October Delivery Read More »