Arab Steel Summit

Raw materials and scrap

Steel prices in the fourth week of June 2026

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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Russia Extends Scrap Metal Export Quotas Until 2026, Raising the Limit to 2.2 Million Tons

The Russian government has announced a decision to impose export quotas subject to customs duties on shipments of iron scrap and mixed ferrous metals to countries outside the Eurasian Economic Union (EAEU), effective from January 1, 2026, until December 31 of the same year. The move aims to provide industrial companies with the opportunity to

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Ukraine’s Scrap Exports Rise by 45% In January–November 2025

Ukraine’s ferrous scrap sector recorded notable growth in exports during the period from January to November 2025, with exports of iron and steel scrap increasing by 45.3% compared to the same period in 2024, reaching approximately 380.16 thousand tons. This volume has already exceeded last year’s total shipments by more than 86 thousand tons, according

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India: Iron ore and pellet exports jump 27 percent month-on-month in November 2025

India’s iron ore and pellet exports rose sharply in November, climbing 27.2 percent month-on-month to 2.76 million metric tons (MT), supported by a rise in overseas buying interest. The volumes comprised 2.51 million MT of fines and lumps (up from 1.96 million MT) and 250,000 MT of pellets (210,000 MT last month). On a year-on-year

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Egypt: Customs extends export duty on stainless steel scrap for one year

The Egyptian Customs Authority, headed by Ahmed Amoui, has issued Tariff Circular No. 67 of 2025 regarding the implementation of the decision of the Minister of Investment and Foreign Trade No. 530 of 2025, which provides for the continuation of the export duty imposed on scrap and waste of stainless steel alloys, classified under customs

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Qatar Steel and QPMC sign pact to boost steel recycling from demolition waste

Qatar Steel has signed a cooperation agreement with Qatar Primary Materials Company (QPMC) to recycle iron and steel recovered from construction and demolition waste at the Rawdat Rashed site. The partnership supports Qatar’s push toward a circular economy by converting reclaimed metals into reusable industrial inputs. Under the agreement, QPMC will extract and sort steel

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Qatar Customs and Qatar Steel Sign MoU to Restrict Iron Scrap Exports

The General Authority of Customs and Qatar Steel Company have signed a Memorandum of Understanding (MoU) aimed at enhancing cooperation to establish regulations and procedures for restricting the export of iron scrap (metal waste) outside the State of Qatar, in line with applicable laws and regulations. The MoU was signed by Mr. Ahmed Yousuf Al-Sahl,

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