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 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 »
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 »
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 Libyan Iron and Steel Company (LISCO), one of the largest industrial companies in Libya and North Africa, announced the achievement of a new historic production record by the end of 2025. Steel Plant No. 1 recorded its highest-ever output of billets, reaching 861,000 tonnes, a level never previously attained since the plant began operations.
Libyan Iron and Steel Company Achieves Historic Production Record by End of 2025 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 »
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 »
Global steel markets recorded limited price fluctuations during the third week of December 2025, according to data obtained by the Arab Iron and Steel Union. Imported 2&HS1 steel scrap (80:20 mix) from the United States to Turkey remained stable at USD 369 per tonne CFR, with no week-on-week change.Meanwhile, the price of 62% iron ore
Steel prices in the third week of December 2025 Read More »
Ukrainian steel companies recorded a significant drop in exports of semi-finished steel products during the January–November 2025 period. Export volumes fell by 30.5% compared with the same period of 2024, reaching approximately 1.22 million tons, according to data from the State Customs Service and analysis by the GMK Center. Bulgaria ranked as the leading destination
Ukraine’s semi-finished steel exports decline by 30.5% in January–November Read More »
Global steel markets recorded limited price fluctuations during the second week of December 2025, according to data obtained by the Arab Iron and Steel Union. Prices of HS1&2 scrap (80:20 mix) imported into Turkey from the United States remained stable at USD 369 per ton CFR, reflecting a slight week-on-week increase of USD 1. As
Steel Prices in the Second Week of December 2025 Read More »
Turkey’s imports of billet reached 398,715 tons in October, marking an increase of 15.5% compared to September, but a decline of 36.6% year-on-year, according to preliminary data from the Turkish Statistical Institute (TUIK). During the same month, the total value of these imports amounted to USD 195.90 million, up by 13.0% from the previous month
Turkey’s Billet Imports Rise by 31.1% in January–October 2025 Read More »
Global steel markets recorded mixed price movements during the fourth week of November 2025, with increases in some products, declines in others, and stability in several categories, according to data obtained by the Arab Iron and Steel Union. Prices for imported 80:20 scrap to Turkey continued their upward trend, rising by one dollar to reach
Steel prices in the fourth week of November 2025 Read More »
Leading Chinese steel producer Hebei Jinxi Iron and Steel Group has placed an order with Primetals Technologies for two continuous slab casters, each with a capacity of 2.5 million tons per year. The order also includes an extensive digitalization package with Level 1 and Level 2 automation systems, ensuring state-of-the-art process control and optimization. The
Global steel markets showed mixed price movements during the second week of November 2025, with some products recording increases while others declined. Turkish scrap (mix 80:20) rose by $4 for the second consecutive week to $355 per ton CFR, supported by stronger demand from Turkish mills. In contrast, iron ore (62%) imported from Australia fell
Steel prices in the second week of November 2025 Read More »
Henan Jiyuan Iron and Steel (Group) Co., Ltd (China) has commissioned SMS Concast to upgrade its eight-strand continuous caster (CCM#2) at Plant No. 2 to enhance product quality, flexibility, and productivity. The modernization will increase billet capacity to over 1 million tons annually, enabling the production of high-carbon and automotive steel grades. The revamped caster
SMS Concast to modernize billet caster at Henan Jiyuan Iron and Steel Read More »
Global iron and steel markets witnessed relative stability during the first week of November 2025, with limited price movements compared to the previous week, according to data obtained by the Arab Iron and Steel Union. Prices of scrap HS1&2 (80:20 mix) imported by Turkey from the United States on a CFR basis stood at $351
Steel Prices in the First Week of November 2025 Read More »
Global steel markets showed limited price fluctuations during the fourth week of October 2025, according to data obtained by the Arab Iron and Steel Union. Prices of HS1&2 scrap (80:20 mix) imported by Turkey from the United States remained stable at $352 per ton CFR, marking a slight decrease of $1 compared with the previous
Steel prices in the Fourth week of October 2025 Read More »
In September this year, China’s semi-finished steel exports totaled 1.4936 million mt, down 15.34% month on month. While rising by 41.85% year on year, according to China’s customs authorities. In the January-September period this year, China’s semi-finished steel exports amounted to 10.7297 million mt, up 215.43% year on year. In the January-September period this year,
China’s semi-finished steel exports rise 215.43% in January – September 2025 Read More »
Global steel product prices showed slight fluctuations during the third week of October 2025, with some products recording limited increases, while others remained stable at previous levels. According to data obtained by the Arab Iron and Steel Union (AISU), the price of steel scrap (mix 80:20) imported by Turkey from the United States rose to
Steel prices in the third week of October 2025 Read More »
Lieutenant General Kamel El-Wazir, Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, participated alongside Bandar Al-Khorayef, Saudi Minister of Industry and Mineral Resources, in the ministerial session titled “Empowering the Localization of the Iron Value Chain to Support Economic Growth and Income Diversification”, held within the framework of the 3rd Saudi
In August this year, Turkey’s imports of billet and bloom totaled 378,190 tons, down 16.5% compared to July but up 38.6% year on year, according to preliminary data released by the Turkish Statistical Institute (TUIK). The value of these imports reached $187.79 million, decreasing by 15.5% compared to the previous month, but increasing by 26.4%
Turkey’s billet imports up 58.1% in January–August 2025 Read More »
Rebar prices in the Egyptian market remained stable at several companies, while other producers recorded noticeable declines. The price of a ton of steel at Ezz Steel stood at EGP 38,200, Suez Steel at EGP 37,900, and Beshay Steel at EGP 37,000, with no change from last week. In contrast, El Marakby Steel dropped to
Rebar Prices in Egypt – September 29, 2025 Read More »
Global steel prices remained relatively stable this week, with only minor fluctuations observed across some products. Scrap: Prices of HS1&2 scrap (Mix 80:20) in Turkey stood at $340/ton CFR, recording a slight weekly increase of $5, reflecting continued demand for imported scrap from the USA. Iron ore: Prices of 62% iron ore in Australia decreased
Steel prices in the fourth week of September 2025 Read More »