According to the prices announced in the global steel markets, scrap prices reached $418/t, down $12 from last week. Iron ore prices were $110/t, down $9 from last week, while steel billets ranged between $545-580 per tonne, which were Between 550 – 590 dollars per tonne in the third week of April, and rebar steel prices between 650 – 690 dollars/t, which were between 650 – 700 dollars/t last week.
The following is the steel prices statement in the global markets on 22 April 2023:
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.
General Secretariat
Tel +21323304221 – +21323304239
Fax +21323304254
Mail: [email protected]
Cairo Regional Office
Tel +20233356219 Fax +20233374790
Mail: [email protected]
