The consumption of steel scrap in the United Arab Emirates (UAE) was expected to rise sharply in the coming years amid expansions in steelmaker capacities to feed greater steel demand
The MENA region is already well equipped to produce cheap, green hydrogen because of its extensive solar resources, but the fact that its steel industry is mainly focused on the use of direct-reduced iron (DRI) modules and electric-arc furnaces puts it in a unique position in terms of producing the low-carbon steel that is becoming […]
Mixed signals from the domestic containerboard markets in the Middle Eastern Gulf Cooperation Council (GCC) countries as price drops and increases were both reported
MEPCO are a Middle Eastern packaging producer, with a production capacity of half a million tons of containerboard. We outline how they use Fastmarkets’ global insights to grow their business.
Mitsui and Kobe Steel are seeking to reinforce their position in direct-reduced iron (DRI) production in the Middle East with the construction of a low-CO2 iron metallics production plant within the Special Economic Zone at Duqm, in the Sultanate of Oman
The growing importance of Middle Eastern steel production and the region’s natural resources to the global decarbonization challenge
Ukraine has already sold forward around 20% of its corn export potential in a flurry of sales that, along with concerns over the…
Prices for shredded steel scrap imports into Pakistan and India were stable on Friday July 23 due to slow trading and public holidays, sources told Fastmarkets.
Brazilian soybean exports dropped to 11.1 million mt in June, 13% lower on the year and 26% below volumes exported in…
The likely introduction of an export tax on Russian semi-finished steel products could cause tight supplies and a jump in prices for steel billet in Asia over the second half of 2021, sources told Fastmarkets on Friday June 25.