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Middle East News

18Apr
Rare interest rate cut boosts Egyptian construction hopes

The Monetary Policy Committee (MPC) of the Central Bank of Egypt has lowered overnight interest rates by …

17Apr
Turkish pipe producers seek HRC price decline

Turkish pipe producers have kept their export quotes mostly stable this week, although buyers’ price targets …

17Apr
Turkish longs continue fall, interest rate hike disappoints

Turkish long steel producers have further decreased their prices this week, by a significant margin, amid …

17Apr
MMK Metalurji reports zero steel production again

Turkey's MMK Metalurji, a subsidiary of Russian steelmaker MMK, reported no steel output in the first …

17Apr
Salzgitter delivers pipe to Angola for water transport

Salzgitter units will supply spiral-welded large-diameter pipe and pipe fittings for the Quilonga Grande water supply …