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Middle East News

27Feb
Firm scrap lifts Turkish longs prices

Turkish long steel producers have increased their prices this week in response to increasing scrap values, …

27Feb
Turkey's February economic confidence falls, eyes on GDP

Turkey’s economic confidence in February failed to continue its January uptick, falling by 0.5% month-on-month to …

27Feb
Riyadh-based Watani posts revenue increase, profit jump

Riyadh-based long steel producer Watani Iron Steel Company (WISC) saw strong growth in its 2024 earnings …

27Feb
Hadeed reduces scrap for consecutive time

Despite material scarcity in the market, Saudi Arabia’s benchmark mill has lowered its scrap buying prices …

26Feb
German scrap market eyes stronger March amid exports

German scrap prices have increased in February due to new demand and growing exports to Türkiye, …