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Antofagasta targets almost 30% copper output growth before 2030, CEO says at FMF Riyadh
Antofagasta copper output is set to increase by nearly 30% as the company transforms its operations by the end of the decade.
January 19, 2026
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By Julienne Raboca
Insights
Middle East turns to copper with expected 40% surge in electricity demand by 2035
Discover the importance of copper in the Middle East in the context of energy transition and changing market conditions.
January 15, 2026
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By Julienne Raboca
Insights
Middle East position in critical minerals markets continues to strengthen: FMF 2026
Explore the Middle East critical mineral landscape driven by Saudi Arabia's Vision 2030 and booming non-oil economy.
January 12, 2026
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By Lee Allen, Viral Shah, Julienne Raboca, Abdi Salad
Insights
Middle East:PIX GCC testliner, fluting price indices down in December
Middle East containerboard prices trended downward in December, with both testliner and fluting indices in the Gulf Cooperation Council region posting slight decreases. Market sentiment was shaped by lower demand, tighter recovered paper supply, and rising transportation costs, as regional producers and buyers looked ahead to anticipated shifts in early 2026.
January 12, 2026
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By Fastmarkets FOEX
Insights
Extension of consultation period for amendment of UAE steel scrap indices
Fastmarkets initially consulted on location of delivery, exact sizing and impurities of materials and payment terms following feedback that these parameters should be narrowed. But feedback from some market participants has been incomplete during the consultation period, requiring greater time to achieve clarity on these points. Furthermore, since the consultation launched, the UAE has announced a reverse […]
January 6, 2026
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By Fastmarkets pricing team
Insights
Delayed publication of Turkey flat steel prices: pricing notice
Fastmarkets’ pricing database has been updated. The following prices were published with a delay of 1 day: MB-STE-0105 Steel hot-rolled coil import, cfr main port Turkey, $/tonne MB-STE-0106 Steel cold-rolled coil import, cfr main port Turkey, $/tonneMB-STE-0107 Steel hot-rolled coil export, fob main port Turkey, $/tonneMB-STE-0108 Steel hot-rolled coil domestic, exw Turkey, $/tonneMB-STE-0109 Steel cold-rolled coil domestic, exw Turkey, $/tonneMB-STE-0110 Steel hot-dipped […]
December 30, 2025
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By Fastmarkets pricing team
Insights
Middle East: PIX GCC testliner, fluting price indices post modest drops in November
As the year draws to a close, GCC mills are strategically trimming containerboard inventories, anticipating a swift rebound in demand following New Year celebrations and the onset of Ramadan preparations.
December 17, 2025
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By Mariam Icar
Insights
Saudi Arabia-Turkey steel scrap correlation sinks in 2025, highlighting local pricing need
Understand the dynamics of Saudi Arabia steel scrap prices with insights on local market conditions and demand fluctuations.
December 10, 2025
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By Lee Allen
Insights
Russia’s Rusal signs MoU with Ethiopia to develop aluminium smelter project
Russian aluminium producer Rusal has signed a memorandum of understanding with Ethiopian Investment Holdings (EIH) regarding the development of a large-scale aluminium smelting plant in Ethiopia, EIH said on Friday November 14.
November 20, 2025
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By Viral Shah
Insights
MENA region must focus on sustainability, Emirates Steel CEO says: MEIS 2025
Learn how MENA sustainability initiatives are transforming the region's industries, focusing on efficiency and artificial intelligence.
November 19, 2025
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By Serife Durmus
Insights
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