13,092.93 TRY BIST 100 BIST 100
6.43 CNY CNY CNY
50.60 EUR EUR EUR
44.19 USD USD USD
0.13 CNY CNY/EUR CNY/EUR
39.82 TRY Interest Interest
104.37 USD Fossil Oil Fossil Oil
5.77 USD Copper Copper
113.97 USD Silver Silver
107.52 USD Iron Ore Iron Ore
369.00 USD Shipbreaking Scrap Shipbreaking Scrap
7,128.76 TRY Gold (gr) Gold (gr)
109.00 USD Iron Ore 61% Fe Iron Ore 61% Fe

Meshary Al-Judaimi: The supply of high-quality raw materials in the Gulf region remains balanced

Speaking at the panel titled “How is the Middle East Positioning Itself for Growth Amid Global Turbulence?” held during the Third Saudi International Iron & Steel Conference in Riyadh, Saudi Arabia, Foulath Holding Chairman Meshary Al-Judaimi stated that the supply and demand for high-grade raw materials in the Gulf and Middle East region are currently in a balanced state.

Meshary Al-Judaimi: The supply of high-quality raw materials in the Gulf region remains balanced

Al-Judaimi stated that each pelletizing plantthat is, a raw material converter or processing facilityfollows specific strategies to ensure the supply of high-quality raw materials needed by producers in the region. 

He explained that at Bahrain Steel, the pelletizing arm of Foulath Holding, these strategies primarily involve sourcing raw materials from various mines and suppliers and applying a blending method, which both reduces supply risks and optimizes the properties of the final product. 

Al-Judaimi added, “By creating diversity in our supply chain, we are building a sustainable production structure. Currently, there is an overall balance between the supply and demand of high-quality raw materials.” 

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Ukraine launches anti-dumping investigation into steel bars and angles of Turkish origin

Monday, March 16, 2026

Ekinciler is preparing for 180 tons of production per hour with the new Danieli K-Welding system

Monday, March 16, 2026

UK imposes new anti-dumping measure on tin products imported from China

Monday, March 16, 2026

Chinese economy gets off to a strong start in 2026

Monday, March 16, 2026

British Steel public spending reached GBP 377 million

Monday, March 16, 2026
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now