Middle East

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.

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 […]

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 […]

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.

Understand the dynamics of Saudi Arabia steel scrap prices with insights on local market conditions and demand fluctuations.

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.