Iron and Steel for Mines and Quarries announced that it achieved total sales of EGP 25.34 million during the month of November. In a statement to the Egyptian Exchange, the company clarified that sales from the Bahariya Oasis mines recorded EGP 25.34 million during October. It is worth noting that Iron and Steel for Mines …
Egypt: EGP 25.34 million in sales by Iron and Steel for Mines in November Read More »
The length of China’s high-speed railway network has surpassed 50,000 kilometers of operational lines following the opening of a new route. State broadcaster CCTV explained that the new line connects Xi’an and Yan’an, both located in Shaanxi Province in northern China. China State Railway Group said in a statement on Friday that the country’s railway …
China’s High-Speed Rail Network Exceeds 50,000 Kilometers Read More »
Global iron and steel markets witnessed a state of relative price stability during the fourth week of December 2025, with limited movements recorded for some products, according to data obtained by the Arab Iron and Steel Union. In the scrap market, prices of HS1&2 scrap (80:20 mix) imported from the United States to Turkey remained …
Steel Prices in the Fourth Week of December 2025 Read More »
Customs data released by the Japan Iron and Steel Federation (JISF) showed that Japan’s exports of iron and steel products totaled about 2.40 million mt in November 2025, declining by 5.7% compared to October and by 3.6% year on year. During the January–November 2025 period, Japan’s exports of iron and steel products reached approximately 27.80 …
Japan’s Steel Exports Down 3.8% In January–November 2025 Read More »
Emsteel Group, one of the largest listed producers of steel and building materials in the region, is collaborating with the Emirates Nuclear Energy Corporation (ENEC) to reduce carbon emissions in steel production by using electricity generated from nuclear energy. This electricity is certified under Abu Dhabi’s Clean Energy Certificates Program (I-REC standard), which is supervised …
China said on Friday it will continue to regulate crude steel production and prevent the illegal addition of new production capacity during the 2026–2030 period, in a move aimed at addressing market imbalances and controlling supply. China, the world’s largest producer and consumer of steel, halted growth in crude steel output in 2021 as part …
China Tightens Grip on Steel Output Through 2030 Amid Oversupply Pressures Read More »
Ukraine’s ferrous scrap sector recorded notable growth in exports during the period from January to November 2025, with exports of iron and steel scrap increasing by 45.3% compared to the same period in 2024, reaching approximately 380.16 thousand tons. This volume has already exceeded last year’s total shipments by more than 86 thousand tons, according …
Ukraine’s Scrap Exports Rise by 45% In January–November 2025 Read More »
The steel sector in the Arab region witnessed notable positive developments during the period from January to November 2025, reflected in higher production levels and improved overall performance in several Arab countries. This progress was supported by the continued implementation of major development projects and increased demand for steel products, particularly in infrastructure and construction …
Crude steel production report in Arab countries during January – November 2025 Read More »
ArcelorMittal has restarted steel production at its Fos-sur-Mer site in southern France following a fire that disrupted operations in early October. The site produced its first slab in mid-December after the restart of blast furnace No. 2, marking the resumption of steelmaking activities. The initial slab, produced for a Greek customer, measured 6 meters in …
ArcelorMittal restarts steel production at French plant production after fire incident Read More »
World crude steel production for the 70 countries reporting to the World Steel Association (worldsteel) was 140.1 million tonnes (Mt) in November 2025, a 4.6% decrease compared to November 2024. Africa produced 2.0 Mt in November 2025, up 7.4% on November 2024. Asia and Oceania produced 99.9 Mt, down 7.1%. The EU (27) produced 10.2 …
Global Crude Steel Production Declines by 4.6% in November 2025 Read More »
The elections of the Board of Directors of the Metallurgical Industries Chamber at the Federation of Egyptian Industries resulted in the election of Alaa Abu El-Kheir as Chairman of the Chamber for the new term (2025–2029). The election results also saw Raafat Qotb and Hassan El-Marakby elected as Vice Chairmen of the Board, while the …
Alaa Abu El-Kheir Elected Chairman of the Chamber of Metallurgical Industries Read More »
Emirates Steel, a subsidiary of the EMSTEEL Group, announced that it has maintained rebar prices for January 2026 production. The company kept the ex-works price of rebar unchanged at AED 2,648 (USD 721). The above prices do not include the 5% value-added tax (VAT). Emirates Steel is headquartered in Abu Dhabi, with an annual production …
Emirates Steel Maintains Rebar Prices for January 2026 Read More »
Rebar prices in Egypt ranged this week between EGP 30,600 and EGP 34,200 per ton. Major producers maintained stable prices with no change compared to last week, as the price of Ezz Steel remained at EGP 34,200 per ton, while Suez Steel stabilized at EGP 33,700. Beshay Steel and El Marakby Steel both held steady …
Xuân Thiện Group, one of Vietnam’s leading industrial groups, has signed a strategic investment and cooperation agreement with Primetals Technologies in Ninh Bình province, marking a significant step toward positioning Vietnam as a regional hub for high-quality steel production. Heavy Plate Production Line Primetals Technologies will act as the project’s technology partner, supplying advanced technological …
The U.S. Department of Commerce announced on December 17, 2025 that it has reached a preliminary decision to impose antidumping duties on imports of steel concrete reinforcing bar (rebar) from Algeria, as part of its investigations into unfair trade practices. The Department set a preliminary dumping margin of 127.32% on Tosyali Iron and Steel Industry …
US Commerce Department Initially Imposes Anti-Dumping Duties on Algerian Rebar Read More »
Global steel markets recorded limited price fluctuations during the third week of December 2025, according to data obtained by the Arab Iron and Steel Union. Imported 2&HS1 steel scrap (80:20 mix) from the United States to Turkey remained stable at USD 369 per tonne CFR, with no week-on-week change.Meanwhile, the price of 62% iron ore …
India’s iron ore and pellet exports rose sharply in November, climbing 27.2 percent month-on-month to 2.76 million metric tons (MT), supported by a rise in overseas buying interest. The volumes comprised 2.51 million MT of fines and lumps (up from 1.96 million MT) and 250,000 MT of pellets (210,000 MT last month). On a year-on-year …
India: Iron ore and pellet exports jump 27 percent month-on-month in November 2025 Read More »
The Egyptian Customs Authority, headed by Ahmed Amoui, has issued Tariff Circular No. 67 of 2025 regarding the implementation of the decision of the Minister of Investment and Foreign Trade No. 530 of 2025, which provides for the continuation of the export duty imposed on scrap and waste of stainless steel alloys, classified under customs …
Egypt: Customs extends export duty on stainless steel scrap for one year Read More »
Canadian Prime Minister Mark Carney said that his country is unlikely to reach an agreement with the United States in the near term to reduce tariffs on sectors such as steel and aluminum. Carney explained that negotiations to lower tariffs on certain sectors will be integrated into talks over the United States–Mexico–Canada Agreement (USMCA), making …
Canadian Prime Minister: No Near-Term Deal with the U.S. on Steel Tariffs Read More »
According to preliminary data from the US Census Bureau under the Department of Commerce, US rebar imports totaled 36,016 mt in August this year, down 40.8% month on month and 43.1% year on year. In value terms, rebar imports amounted to $19.7 million in August, compared with $33.0 million in July and $41.4 million in …
Ukrainian steel companies recorded a significant drop in exports of semi-finished steel products during the January–November 2025 period. Export volumes fell by 30.5% compared with the same period of 2024, reaching approximately 1.22 million tons, according to data from the State Customs Service and analysis by the GMK Center. Bulgaria ranked as the leading destination …
Ukraine’s semi-finished steel exports decline by 30.5% in January–November Read More »
The Amena Energy Consortium has signed a strategic memorandum of understanding with Meranti Green Steel to supply green hydrogen for a major industrial project aimed at producing low-carbon iron in the Special Economic Zone at Duqm, with an annual capacity of 2.5 million tons. This step marks an important milestone in Oman’s journey toward carbon …
EMSTEEL, one of the region’s largest publicly listed steel and building materials companies, said its low-carbon sheet piles were used in one of the UK’s major rail infrastructure projects, supporting the expansion of Oxford Railway Station through its UK partner, Sheet Piling (UK) Limited. The sustainable sheet piles were installed as part of a GBP …
EMSTEEL supplies low-carbon sheet piles for UK rail infrastructure project Read More »
JSW Vijayanagar Metallics Ltd. (JVML), a subsidiary of JSW Steel Ltd., one of India’s leading integrated steel producers, has commissioned a new 350-ton Ruhrstahl Heraeus (RH) unit from SMS group at Vijayanagar Works Steel Plant 4 in Toranagallu, India. This installation marks the world’s first operational combination of an RH Ladle Rocker with Fast Vessel …
As part of the objectives of the Arab Iron and Steel Union to support human development and enhance skills in the iron and steel sector among Arab steel companies, the Arab Iron and Steel Union, in cooperation with Ezz Steel, is implementing the third program in a series of joint training programs entitled “Rebar and …
Oil prices declined at settlement on Tuesday, December 16, to their lowest levels since February 2021, amid ongoing concerns over excess supply and growing expectations of a potential peace agreement between Russia and Ukraine, which has reinforced forecasts of a possible easing of sanctions imposed on Moscow. Brent crude futures fell by $1.64, or about …
Oil Prices Fall to Their Lowest Level in 4 Years Read More »
Rebar prices in Egypt ranged this week between EGP 30,800 and EGP 34,200 per ton. Major producers maintained stable prices compared to the previous week. Ezz Steel held steady at EGP 34,200 per ton, Suez Steel at EGP 33,700, Beshay Steel at EGP 34,000, and El Marakby Steel at EGP 34,000. Egyptian Steel also kept its …
The CEO of Sonarem Group, Reda Belhaj, received in Algiers the Vice President of Tosyali Algeria, Alp Topkocoglu, as part of the implementation of the major strategic partnership between Sonarem Group—through its subsidiary, the Algerian Iron and Steel Company (FERAL)—and Tosyali Algeria to develop the Gara Djebilet mine, according to a statement issued by the …
China’s crude steel production recorded a notable decline in November 2025, falling below 70 million tons to its lowest monthly level so far this year. According to data from China’s National Bureau of Statistics, crude steel output reached 69.87 million tons, down 10.9% year on year and 2.96% month on month. Pig iron production totaled …
China’s Crude Steel Output Drops Below 70 Million Tons in November Read More »
Global steel markets recorded limited price fluctuations during the second week of December 2025, according to data obtained by the Arab Iron and Steel Union. Prices of HS1&2 scrap (80:20 mix) imported into Turkey from the United States remained stable at USD 369 per ton CFR, reflecting a slight week-on-week increase of USD 1. As …
Steel Prices in the Second Week of December 2025 Read More »