M.E. Steel News Today
Thursday, June 20, 2019

Linking Steel Sellers &
Buyers in Middle East


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New Info on MEsteel

Gulf Countries Finished Steel Demand Forecast (2017-2020)
Middle East Steel Prices

Pakistan: Local flat producers issue new prices amid currency depreciation

Middle East Steel News

Pakistan: Local flat producers issue new prices amid currency depreciation
Turkey: Crude steel output declined by 10 pct in Jan-May 2019 YoY
Turkey: Unfair to target Turkey for rising HRC imports into EU - Colakoglu
Egypt: New Alamein awards USD 14.3bln worth contracts for first phase
Algeria: Petrofac commences construction work at gas project

Global Steel News

China: Iron ore futures surge as Rio Tinto lowers shipments forecast
India: Indian Steel Association files petition for 25pct safeguard duty on imports
India: Steel producers may raise prices amid increasing input cost
India: Mining unsustainable due to higher tax rate and exploration restrictions - Tata Steel
Korea, South: Hyundai Steel to revamp its heavy section mill in Incheon
United States of America: Indiana slaps fine on ArcelorMittal over safety violations
Germany: Saarstahl AG to expand heat treatment capacity at its Saar-Blankstahl unit
Australia: Rio Tinto cuts iron ore supply forecast for third time since April 2019


New (Renewed) Steel Companies on MEsteel
Company Country Steel tons handled per year (kt) Brief Description
DYNAMIC SYSTEMS United States <.1 Design of equipment for dynamic thermal-mechanical testing.

Metal Prices 19-Jun-19

Product Cash 3 Mons.
Nickel 11.860 11.950
Tin 18.975 18.900
Zinc 2.607 2.481
Source: LME.co.uk

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