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  • 5. Juni 2026
  • Market: Hydrogen, Steel & Raw Materials

While most of the world has been concerned about what is not flowing out through the straits of Hormuz, steelmakers in particular are worried about goods not being able to flow in.

The Middle East is a key region for steel exporters around the world, particularly for flat products and increasingly for semi-finished ones. A slew of firms have been positioning regionally both for ferrous and non-ferrous metals.

Before the straits closed, regional steel demand was already high. That underlying strength only appears to have been added to since. While a cessation of hostilities is not baked in at this stage, importers and exporters are thinking of when, not if. There are opportunities to reduce steel price risk further when import flow resumes, whether for the steel trade, or for those managing or financing steel consuming projects.

Download the full paper for a clearer look supply and demand for steel in post-Hormuz era.

Download the insight paper

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As a leading authority on energy and commodity markets across the globe, Argus is uniquely positioned to provide in-depth analysis and expert thought leadership. Our white papers are carefully written by Argus specialists from across our company. Each white paper focuses on a topical theme, exploring areas such supply and demand dynamics, price trends, trading activity and changing regulations. We always aim to provide a balanced view, underpinned by data and insight gathered first hand from the market.