Price data, forecasts and consulting support for the Middle East. Covering metals, agriculture, forest products and carbon markets.

The first publication of the Monterrey HRC and rebar assessments is scheduled for Thursday June 26. The price assessments will be published weekly, every Thursday, 2-3pm (Eastern Time). The specifications are as follows: MB-STE-0934 Steel hot-rolled coil index, delivered Monterrey, Mexico, peso per tonneQuality: SAE 1006-1008 commercial steel and corresponding grades, 48 inches wide, caliber 8-14Quantity: Min 50 […]

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The publication of two inferred prices for Monday August 25 were delayed because of procedural errors.

MB-STE-0926 Green steel, differential to steel reinforcing bar (rebar) domestic, delivered Northern Europe, €/tonne was initially incorrectly input within the range of €30-40 per tonne. The correct differential is €20-40 per tonne. MB-STE-0925 Green steel base price, reinforcing bar (rebar) domestic, delivered Northern Europe, inferred, €/tonne was incorrectly input at €685-720 per tonne. The correct inferred price is €675-720 […]

Logistics disruptions, sharply higher freight costs and limited raw materials supply are among the main impacts from the ongoing conflict between the US, Israel and Iran on the Middle East's steel market, Asam Hussain, the chief executive officer of Arabian Gulf Steel Industries (AGSI), told Fastmarkets on Wednesday April 1.

Fastmarkets is clarifying the publishing schedule for two Saudi Arabia steel price assessments following confirmation of the dates of the Eid al-Adha holiday.  The two price assessments affected are as follows: MB-STE-0909 – Steel reinforcing bar (rebar), domestic, delivered Saudi Arabia, riyals/tonne MB-STE-0940 – Steel billet, import, cfr Saudi Arabia, $/tonne The domestic rebar price assessment […]