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 »
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 »
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 »
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 »
EMSTEEL has expanded cooperation with Emirati real estate developers by signing a strategic memorandum of understanding with MERED to evaluate and deploy high-strength reinforcement steel in property developments. The agreement sets a framework to pilot advanced steel solutions aimed at improving structural efficiency while supporting sustainable construction practices. This marks EMSTEEL’s second such partnership, following
EMSTEEL deepens collaboration with real-estate developers Read More »
Qatar’s Official Gazette has published its first issue of the current year, including a package of Amiri decisions, decrees, and legislative amendments. In this context, Amiri Decree No. (117) of 2025 was issued, providing for an increase in customs duties on rebar and Wire rod products. Article (1) of the decree stipulates raising the customs
Qatar: Increase in Customs Duties on Rebar and Wire Rod Read More »
Global iron and steel markets witnessed relative price stability during the third week of January 2026, with some price movements recorded for certain products, according to data obtained by the Arab Iron and Steel Union. In terms of scrap and iron ore, prices for HS1&2 scrap (80:20) delivered to Turkey remained steady at $376 per
Steel Prices in the Third Week of January 2026 Read More »
The Arab Company for Special Steel Arcosteel, a subsidiary of El Ashry Steel Group, plans to inject new investments worth EGP 6 billion during 2026 as part of its expansion strategy to increase production capacity and strengthen its presence in both local and international markets, according to Ahmed Hammam, Managing Director of the company, speaking
Arcosteel plans to inject EGP 6 billion in new investments in 2026 Read More »
Rebar prices in Egypt ranged this week between EGP 30,700 and EGP 34,200 per ton. Major producers maintained stable prices, unchanged from last week. The price of Ezz Steel remained at EGP 34,200 per ton, while Suez Steel held steady at EGP 33,700, Beshay Steel at EGP 34,000, and Elmarakby Steel at EGP 34,000 per
Rebar Prices in Egypt – January 12, 2026 Read More »
Global iron and steel markets witnessed a state of relative price stability during the second week of January 2026, with limited price movements recorded for some products, according to data obtained by the Arab Iron and Steel Union. Prices of HS1&2 steel scrap (80:20 mix) imported into Turkey from the United States stood at USD
Steel Prices in the Second Week of January 2026 Read More »
The UK Trade Remedies Authority (TRA) has revoked the tariff-rate quota (TRQ) exemption for imports of Category 13 steel products (rebar, HS codes 72142000 and 72149910) from Vietnam, following an investigation that revealed that Vietnamese volumes exceeded the 3% threshold for developing countries. During the investigation period from October 1, 2024, to September 30, 2025,
UK cancels import quota exemption for Vietnamese rebar Read More »
Rebar prices in Egypt ranged this week between EGP 30,000 and EGP 34,200 per ton. Major producers maintained stable prices with no change compared to last week, as the price of Ezz Steel remained at EGP 34,200 per ton, while Suez Steel stabilized at EGP 33,700. Beshay Steel and El Marakby Steel both held steady
Rebar Prices in Egypt – January 06, 2026 Read More »
In December 2025, Hoa Phat Group recorded sales of 585,000 tons of construction steel and high-quality steel coils, a 52% increase compared to the same period in 2024. Of this, high-quality steel coils used in the production of automobile tire treads, welding rod cores, prestressed cables, and mechanical engineering contributed approximately 60,000 tons. All branches
Vietnamese company Hoa Phat Group achieves record sales of Construction steel Read More »
Saudi Iron and Steel Company (Hadeed) announced an increase in rebar prices for January sales, while maintaining wire rod prices at their current levels. According to the company, rebar prices for sizes 12–32 mm were raised by SAR 70 per ton, reaching SAR 2,190 per ton.Meanwhile, wire rod prices for sizes 6.5–16 mm remained stable
Hadeed raises rebar prices for January and keeps wire rod prices unchanged Read More »
The Canada Border Services Agency (CBSA) has completed the expiry review of the anti-dumping duties imposed on rebar imports from China, South Korea, and Turkey, as well as the expiry review of the countervailing duties on the same product imported from China. The agency concluded that the expiry of these orders is likely to result
Canada Maintains AD Duties on Rebar Imports from China, South Korea, and Turkey Read More »
Rebar prices in Egypt ranged this week between EGP 30,300 and EGP 34,200 per ton. Major producers maintained stable prices with no change compared to last week, as the price of Ezz Steel remained at EGP 34,200 per ton, while Suez Steel stabilized at EGP 33,700. Beshay Steel and El Marakby Steel both held steady
Rebar Prices in Egypt – December 29, 2025 Read More »
Global iron and steel markets witnessed a state of relative price stability during the fourth week of December 2025, with limited movements recorded for some products, according to data obtained by the Arab Iron and Steel Union. In the scrap market, prices of HS1&2 scrap (80:20 mix) imported from the United States to Turkey remained
Steel Prices in the Fourth Week of December 2025 Read More »
Emirates Steel, a subsidiary of the EMSTEEL Group, announced that it has maintained rebar prices for January 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 January 2026 Read More »