Emirates Steel, a subsidiary of the Amsteel Group, announced that rebar prices for June production will remain unchanged for the fifth consecutive month. The company maintained the rebar price at AED 2,660 ($724) per ton for shipments to Abu Dhabi. For shipments to Dubai, Sharjah, and the Northern Emirates, the price is AED 2,668 ($726). …
Emirates Steel Maintains Rebar Prices for June 2025 Read More »
Rebar prices in Egypt this week ranged between EGP 33,700 – EGP 38,200. The prices were as follows: Ezz Steel EGP 38,200, Suez Steel EGP 38,100, Bishay Steel EGP 37,500, El Marakby Steel EGP 36,300, Egyptian Steel EGP 38,100, Ashry Steel EGP 35,500. Garhy Steel EGP 36,000, Misr Steel EGP 33,000, El Komy Steel EGP …
In April 2025, Chinese steelmakers that are members of the CISA industry association increased their total emissions by 18.3% compared to April 2024. This is evidenced by the association’s data. Despite the increase, emissions of sulfur dioxide, particulate matter and nitrogen oxides in exhaust gases decreased by 8.6%, 4.7% and 11.2% y/y, respectively. The total …
Emissions in China’s steel industry increased by 18.3% y/y in April Read More »
Steelmaking operations will be even greener at EMSTEEL thanks to the installation of an e-PGH Pilot (electric Process-Gas Heater) serving the DRI plant #1 at Abu Dhabi works, UAE, a plant that uses the Energiron technology jointly developed by Tenova and Danieli. The agreement for the supply of the industrial module follows the collaboration agreement …
EMSTEEL proceeds with carbon-reduction program with Danieli Read More »
President Donald Trump said he has agreed to postpone the imposition of 50% tariffs on European Union imports until July 9, the latest in a series of announcements of imminent tariffs that have rattled markets and then subsequently backed down. Trump explained that he had a “very nice” call with European Commission President Ursula von …
Trump Postpones Imposing 50% Tariffs on EU Until July 9 Read More »
In January-April 2025, the Ukrainian long products market showed a significant increase in imports, up 81.1% year-on-year – to 70.78 thousand tons. This is evidenced by GMK Center’s calculations based on the State Customs Service data. Angles, shaped and special profiles (HS 7216) accounted for the bulk of supplies, amounting to 31.11 thousand tons, up …
Ukraine increased imports of long products by 81.1% in Jan.-Apr. 2025 Read More »
Dr. Mostafa Madbouly, Prime Minister, held a meeting to review the challenges facing the iron and steel industry in Egypt and the mechanisms and steps to develop it. The meeting was attended by Lieutenant General Engineer Kamel El-Wazir, Deputy Prime Minister for Industrial Development and Minister of Industry and Transport; Dr. Sherif Farouk, Minister of …
According to the latest report issued by World Steel on crude steel production, Arab countries’ crude steel production reached 3.4 million tons in April, a 1.7% increase compared to April 2024. Egypt topped Arab steel production in April, with 831,000 tons, a decline of -7.2%. Saudi Arabia came in second place with 757,000 tons, a …
Arab countries’ crude steel production increased by 1.7% in April 2025. Read More »
According to preliminary census data from the US Department of Commerce, US imports of rebar totaled 85,753 mt in February this year, up 85.9% month on month and down 11.5% year on year. By value, rebar imports totaled $52.3 million in March this year, compared to $30.8 million in February and $59.7 million in March …
The Egyptian government intends to issue new licenses for the production of billets, a key raw material in the iron industry, as part of a plan to reduce reliance on imports and meet growing domestic demand. Deputy Prime Minister for Industrial Development and Minister of Industry and Transport Kamel El-Wazir said, “The Egyptian government is …
Egypt Prepares to Issue Licenses for Production of Key Raw Material in the Iron Industry Read More »
According to the prices announced in the global steel markets, scrap prices amounted to $347/ tonne, unchanged compared to last week’s prices. and iron ore prices $99/ tonne, $2 down compared to last week’s prices. While the prices of billets ranged between 420 – 455 Dollars per tonne, while it was between 420– 450 dollars …
In a move aimed at strengthening domestic industry and stimulating the job market, US President Donald Trump announced his approval of a strategic partnership between Japan’s Nippon Steel and US Steel to produce steel in the United States. Trump explained in a post on Truth Social on Friday that this deal will contribute to the …
Trump Gives Green Light to Nippon Steel-US Steel Merger Read More »
Tata Steel has completed Phase II of its expansion project at Kalinganagar in Odisha, increasing the plant’s crude steel capacity from 3 to 8 mln tons per annum. This brings the company’s total steelmaking capacity in India to 26.1 mln tons per year. The upgraded Kalinganagar facility features advanced technologies focused on sustainability, efficiency, and …
Tata Steel completes 5 MT expansion project at Kalinganagar Read More »
World crude steel production for the 69 countries reporting to the World Steel Association (worldsteel) was 155.7 million tonnes (Mt) in April 2025, a 0.3% decrease compared to April 2024. Africa produced 1.9 Mt in April 2025, up 6.3% on April 2024. Asia and Oceania produced 115.0 Mt, up 0.1%. The EU (27) produced 11.1 …
World crude steel production decreased by 0.3 % in April 2025 Read More »
The rebar market in Saudi Arabia witnessed a slight increase in prices during the period January-April 2025, recording a 2.3% increase compared to the same period last year, according to data from the General Authority for Statistics. According to the official report, the average price per ton of rebar during the months of January-April of …
Saudi Arabia: Rebar Prices Increase by 2.3% in January-April 2025 Read More »
The Iron and Steel Mines and Quarries Company recorded a jump in profits during the first nine months of the current fiscal year, with a growth rate of 281.42% year-on-year. The company stated in a statement to the Egyptian Exchange that it achieved a net profit after taxes of EGP 431.96 million during the period …
Egypt: Iron and Steel Mines Company’s Profits Jump 281.4% in 9 Months Read More »
NMDC Energy, a leading provider of engineering, procurement, and construction (EPC) services to offshore and onshore energy customers, announced the signing of a strategic Memorandum of Understanding (MoU) with Abu Dhabi-based Al Gharbia Pipe Company to explore opportunities to accelerate steel pipe production within the UAE, in line with growing local and regional demand. Al …
Saeed Ghumran Al Rumaithi, CEO of Emsteel Group, said that the group is serving as the metals and manufacturing sector partner for the 2025 edition of the forum, supporting the national industrial strategy. Al Rumaithi revealed that the group is expanding its production lines to supply the market with new steel products at a cost …
Emsteel Expands Production Lines at AED 625 Million Read More »
As part of the Arab Iron and Steel Union’s objectives to promote human development and enhance skills in the iron and steel sector, the Union trained a group of technicians from Ezz Dekheila Steel through the “Maintenance Management Systems” training program. The program covers the following topics: The concept of maintenance systems management Maintenance organizations …
India’s steel exports increased by 11.7% year-on-year – to 725.54 thousand tons in April this year. Compared to March, these volumes decreased by 2.7%, according to BigMint. In April, the country reduced supplies to the United States and Saudi Arabia, but increased exports to the EU, reaching a 13-month high of more than 358 thousand …
India increased steel exports by 12% y/y in April Read More »
Aldar Group has announced that it will become the first real estate developer in the Middle East and North Africa (MENA) region to use rebar manufactured using green hydrogen in a development project. The rebar, which will be locally sourced from Emsteel Group, one of the largest listed steel and building materials companies in the …
Aldar and Emsteel Collaborate to Promote Sustainable Steel Use Read More »
In April this year, China’s outputs of pig iron, crude steel, and finished steel totaled 72.58 million mt, 86.02 million mt, and 125.09 million mt, increasing by 0.7%, remaining stable, and rising by 6.6%, respectively, all on a year-on-year basis, as announced by China’s National Bureau of Statistics (NBS). Nevertheless, compared to March, crude steel …
China’s crude steel production fell 7% in April, m-o-m Read More »
In the January-April period this year, China’s exports of steel bars totaled 5.71 million mt, up 48.1% year on year, while wire rod exports amounted to 940,000 mt, up 10.8% year on year, according to the Chinese customs authorities. At the same time, China’s export volumes of angles/channels came to 2.22 million mt in the …
China’s steel bar exports increase by 48.1% in January-April 2025 Read More »
Amid political pressure and national security concerns, Japan’s Nippon Steel has raised its investment offer to $14 billion in a desperate bid to secure US approval for its acquisition of US Steel, the venerable company founded in 1901 and an industrial icon in the electorally vital state of Pennsylvania. According to a document reviewed by …
Japan’s Nippon Steel Raises Bid to $14 Billion to Save US Steel Deal Read More »
According to preliminary census data from the US Department of Commerce, US monthly steel imports in March this year were up 11.6% from February and down 0.6% year on year to total 2,271,358 metric tons. In terms of value, US steel imports in March totaled $2.61 billion, compared to $2.30 billion in February and $2.77 …
Rebar prices in Egypt this week ranged between EGP 33,700 – EGP 38,200. The prices were as follows: Ezz Steel EGP 38,200, Suez Steel EGP 38,100, Bishay Steel EGP 37,500, El Marakby Steel EGP 36,300, Egyptian Steel EGP 38,100, Ashry Steel EGP 35,500. Garhy Steel EGP 36,000, Misr Steel EGP 33,000, El Komy Steel EGP …
According to the prices announced in the global steel markets, scrap prices amounted to $347/ tonne, $7 up compared to last week’s prices. and iron ore prices $101/ tonne, $3 up compared to last week’s prices. While the prices of billets ranged between 420 – 455 Dollars per tonne, while it was between 420– 450 …
In a joint letter, a coalition of manufacturers, investors, and climate groups called on the Chancellor of the Exchequer Rachel Reeves to reduce electricity prices to unlock growth, boost electrification, and secure the UK’s place in the global clean economy. Among the signatories to the letter are industry association UK Steel and steel producer 7 …
British industry calls for lower electricity prices Read More »
SMS Group has announced the development of customized coating solutions and special coating equipment, integrated into its TecGuard coatings range, to meet the needs of various industrial processes, ensuring optimal performance and longevity, while combining sustainability and cost-effectiveness. “Repairing parts instead of manufacturing new ones significantly reduces material waste and energy consumption. That’s why our …
SMS Group Launches Coating Solutions for Refurbishment, Repair, and Corrosion Protection Read More »
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