Constrained international shipments contribute to higher prices Prices for locally produced containerboard continued to rise in the Gulf Cooperation Council (GCC) countries in February, after our indices registered increases of approximately $20 per tonne in January. In the largest market, Saudi Arabia, many contracts are inked for the quarter, and price contributors already reported increases […]

Prices for locally produced containerboard rose in the Gulf Cooperation Council (GCC) countries in January. In late December, the Middle East Paper Company (MEPCO) announced a price hike of $70 per tonne, starting January 1. Several other producers in the region have also demanded increases of various magnitudes from their customers. Generally, our contacts reported […]

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 […]

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...