Ezz_steel1
Arab Steel Summit
kuwait_steel1
imatal4
Ezz_Web_Banner_Side_280x200
qatar_steel2
Slide
Arab Steel Summit
Kallanish3_23_2
Arab Steel Summit

4.5 billion dirhams of reinforcing steel sales in the Emirates in 2022, and new expansions from Emirates Steel Arkan for flats production

Mohamed Salem Al-Afari, Secretary General of the Emirates Steel Producers Committee and Senior Vice President of Marketing at the Emirates Arkan Steel Group, said: The value of sales of the reinforcing steel market in the country during 2022 amounts to about 4.5 billion dirhams, while the volume of domestic consumption is estimated since the beginning of the year to about two million tonnes.

Al-Afari added, in statements on the sidelines of the Big 5 2022 exhibition, that the global reinforcing steel market witnessed a divergence during the first half of 2022 due to the state of the global economy affected by the Russian-Ukrainian crisis and the closures in China due to “Covid-19”, while the market returned to a gradual decline during the second half of the current year.

He pointed out that the “Emirates Arkan Steel” group is currently preparing to add a new expansion in the work lines for the production of flat iron products used in the automotive, home electronics and other industries, which raises the annual production of the group from about 3.5 million tons annually to about 5.2 million tons in 2026.

Twitter
Facebook

Related News

Ezz-780-1
kuwit-steel3
mih-1
Arab Steel Summit

Latest News

الاتحاد العربي للحديد والصلب

لوريم ايبسوم هو نموذج افتراضي يوضع في التصاميم لتعرض على العميل ليتصور طريقه وضع النصوص بالتصاميم سواء كانت تصاميم مطبوعه لوريم ايبسوم ليتصور طريقه لوريم ايبسوم.

About AISU

Arab Iron and Steel Union was established in Algeria in 1972 as the first Arab Union of the Arab countries to be founded under the Council of Economic Unity umbrella in the League of Arab States.

It is the first Arab organization to specialize in the iron and steel field, and its tasks fall within making plans aimed mainly at developing and growing the iron and steel industry in the Arab world.

Arab Iron and Steel Union comprises a wide range of multi-activity companies related to the iron and steel industry from the Arab countries.

Information

92 Members

28 Board of Directors

17 Country

300.000 Employees

Subscribe Newsletter

Contact us

General Secretariat
Tel +21323304221 Fax +21323304254
Mail: relex@solbarab.org

Cairo Regional Office
Tel +20233356219 Fax +20233374790
Mail: aisucairo@solbarab.org