The Arab Iron and Steel Union held the eighth meeting of the Economic Committee in Algiers, Republic of Algeria, during the period from 4 to 5 March.

The committee meeting was attended by representatives of the following countries: the Arab Republic of Egypt – the Republic of Algeria – the State of Kuwait – the State of the United Arab Emirates – the Kingdom of Saudi Arabia – the State of Qatar – the State of Tunisia – the State of Libya.

During the meeting sessions, the economic conditions in the Arab countries were presented and studied in light of the successive economic changes, including fluctuations in energy prices, high inflation, and new projects in the Arab countries, and the extent of their impact on the steel industry in the Arab countries.

This committee is considered one of the most important committees of the Arab Iron and Steel Union, which aims to study the conditions of the iron and steel industry and its impact on steel consumption in Arab countries.