The Board of Directors of the Arab Iron and Steel Union held its 132nd ordinary meeting in the Algerian capital, Algiers, chaired by Eng. Ahmed Ezz, Chairman of the Union, with the participation of Board members. During the meeting, a number of organizational, financial, and strategic issues related to the Union’s activities and the future development of the Arab steel industry were reviewed and discussed.
During the session, the Board approved the Union’s development plan aimed at strengthening its regional role and enhancing the competitiveness of the Arab steel industry. The Board also endorsed the key numerical indicators of the Arab steel industry.
The Board further approved the Union’s estimated budget for 2026, reaffirming its commitment to financial sustainability and to the implementation of the planned programs and activities for the coming period.
At the conclusion of the meeting, the Board approved the admission of two new companies to the Union’s membership: Mass Iraq Iron and Steel Company of the Republic of Iraq, and Solb Steel Company of the Kingdom of Saudi Arabia. The Board emphasized that these decisions are part of efforts to strengthen joint Arab cooperation and support the development of the iron and steel industry across the Arab region.
