M.E. Steel News Today
Monday, September 16, 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 News

Turkey: New EU restrictions may further hit steel sector - CIB
Pakistan: Environmental regulator shuts down three steel mills
UAE: RTA receives construction bids for Shindagha road project
UAE: Grandis appoints ELM as main contractor for hospital project
Oman: YTDC floats tender for tourism project in Muscat

Global Steel News

China: Rebar and HRC futures surge on stimulus hopes; iron ore futures up
China: Steel output curbs not sustainable to boost prices - NDRC
China: Steel output grew by 2.4 pct in August 2019 YoY
India: JSW Steel sees iron ore drop to USD 60 per ton next year
Myanmar: Steel association aims to increase domestic output


New (Renewed) Steel Companies on MEsteel
Company Country Steel tons handled per year (kt) Brief Description
METINVEST INTERNATIONAL S.A. Switzerland >1000 Trader of steel mainly from Ukrainian Mills.

Metal Prices 13-Sep-19

Product Cash 3 Mons.
Nickel 17.810 17.600
Tin 17.225 17.270
Zinc 2.381 2.379
Source: LME.co.uk

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