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EU starts registration process for HRC imports from four countries

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The European Commission has announced that it has started the registration process for imports of HRC from Egypt, India, Japan and Vietnam, which are subject to ongoing antidumping investigations. The registration of imports, which will expire in nine months, will enable the retroactive collection of antidumping duties if necessary. With the registration, the commission aims …

EU starts registration process for HRC imports from four countries Read More »

Malaysia to set up intergovernmental mechanism with China to support steel industry

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Malaysia plans to work with China to set up an intergovernmental mechanism to manage capacity and exchange technology in the steel industry. Deputy Minister of Investment, Trade and Industry Liew Chin Tong said the government also called for discussions on steel industry challenges and potential cooperation with China at the Association of Southeast Asian Nations …

Malaysia to set up intergovernmental mechanism with China to support steel industry Read More »

Arab countries’ crude steel production increases by 1.9 % in January – September 2024

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According to the latest report issued by the World Steel Organization on crude steel production, Arab countries’ crude steel production to 3.4 million tons in September 2024, an increase of 2.2% compared to September 2023. Egypt topped Arab countries in steel production in September with a production volume of 867 thousand tons and an increase …

Arab countries’ crude steel production increases by 1.9 % in January – September 2024 Read More »

Ezz Steel announces signing of oil exploration agreements with the government

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Ezz Steel said that it has signed, along with a number of Egyptian industrial groups, a framework agreement of intent for consultation and cooperation with the Egyptian government. The company explained in a statement in response to the stock exchange’s inquiries about what was published under the title “Signing oil exploration agreements with Ezz Steel,” …

Ezz Steel announces signing of oil exploration agreements with the government Read More »

China’s rebar output down 15.7% in January-September 2024

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In the January-September period this year, China’s rebar production totaled 145.056 million mt, down 15.7% year on year, according to China’s National Bureau of Statistics (NBS). In the given period, domestic wire rod production amounted to 100.33 million mt, declining by 4.2% year on year, while welded pipe output came to 43.995 million mt, down …

China’s rebar output down 15.7% in January-September 2024 Read More »

World crude steel production down 4.7% in September 2024

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World crude steel production for the 71 countries reporting to the World Steel Association (worldsteel) was 143.6 million tonnes (Mt) in September 2024, a 4.7% decrease compared to September 2023. Africa produced 1.9 Mt in September 2024, up 2.6% on September 2023. Asia and Oceania produced 105.3 Mt, down 5.0%. The EU (27) produced 10.5 …

World crude steel production down 4.7% in September 2024 Read More »

For the first time in 6 years, China will account for less than half of global steel consumption

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China is expected to account for less than half of global steel consumption in 2024, the first time in six years, according to the World Steel Association. This is due to the contraction of the country’s real estate sector, which is severely affecting demand for the metal. The World Steel Association’s forecasts indicate a divergence …

For the first time in 6 years, China will account for less than half of global steel consumption Read More »

Building materials prices record slight declines in Q2 2024

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Prices of major building materials groups recorded slight relative declines during the second quarter compared to the first quarter of 2024, as cement prices decreased by 1-3%, while rebar decreased by about 4.8% in the same comparison, according to data from Dubai Statistics, published by Dubai Digital. As for rebar, twisted steel measuring (6-8) millimeters …

Building materials prices record slight declines in Q2 2024 Read More »

Al Yamamah Steel signs two contracts to supply steel towers worth 309 million riyals

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On October 20, 2024, Al Yamamah Steel Industries Company signed a contract to supply steel towers with Larsen & Toubro Saudi Arabia for the project to establish a 500 kV ultra-high voltage line from the central region to the western region (phase three) worth 170.5 million riyals. The company said in a statement on Tadawul …

Al Yamamah Steel signs two contracts to supply steel towers worth 309 million riyals Read More »

Arab Steel Summit calls for enhancing the status of the Arab steel industry and building bridges of cooperation between scientific research and steel companies

AISU, News / By

Last Monday, the 17th Arab Steel Summit was held in Doha, Qatar, organized by the Arab Iron and Steel Union in cooperation with Qatar Steel Company under the patronage of His Excellency Eng. Saad Sherida Al Kaabi, Minister of State for Energy Affairs – State of Qatar. It is the largest and most important event …

Arab Steel Summit calls for enhancing the status of the Arab steel industry and building bridges of cooperation between scientific research and steel companies Read More »

Ukraine exported 1.53 million tons of semi-finished products in January-September 2024

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in January-September 2024, Ukrainian steelmakers increased exports of semi-finished steel products by 65.5% compared to the same period in 2023, to 1.53 million tons. This is evidenced by data from the State Customs Service. In September, exports of Ukrainian semi-finished products amounted to 224.09 thousand tons, up 12.9% month-on-month and 55.6% y/y. The average monthly …

Ukraine exported 1.53 million tons of semi-finished products in January-September 2024 Read More »

Egyptian steel factories deny deliberately dumping the Moroccan market with CR steel

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Iron and steel source attributed the growth of cold steel sheet exports to Morocco because of their low prices compared to competing countries in the Moroccan market, including China. The imports of CR steel from Egypt to Morocco increased by 343% in 2022-2023, while about 6 thousand tons were recorded in the first 5 months …

Egyptian steel factories deny deliberately dumping the Moroccan market with CR steel Read More »

Algerian companies strongly present in the 17th Arab Steel Summit in Doha

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Algeria participated strongly in the activities of the 17th Arab Steel Summit in the Qatari capital, Doha, during the 14th and 15th of October, represented by the Metallurgical and Steel Industries Complex (Imetal) in Algeria and all its subsidiaries, in addition to the Algerian-Qatari Steel Company, the largest successful Arab-Arab investment in the field of …

Algerian companies strongly present in the 17th Arab Steel Summit in Doha Read More »

China’s Steel Output and Crude Oil Refining Continue to Slump

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Chinese steel production and crude oil refining continued to slump in September, while output of other key commodities rose. Steel mills churned out 77.07 million tons last month, the lowest total this year, leaving production in the first nine months down 3.6%, according to the statistics bureau on Friday. Oil refining fell to a three-month …

China’s Steel Output and Crude Oil Refining Continue to Slump Read More »

Morocco: Ministry initiates anti-dumping probe into CR steel imports from Egypt

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The Moroccan Ministry of Industry and Trade has officially announced the launch of an anti-dumping investigation into imports of CR steel from Egypt. This investigation comes following a complaint filed by Maghreb Steel, the only Moroccan flat steel producer in Morocco, which alleges that these imports are being dumped in the Moroccan market at unfair …

Morocco: Ministry initiates anti-dumping probe into CR steel imports from Egypt Read More »

Arab Iron and Steel Union announces the winners of the Best Arab Scientific Research Competition in steel field

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The Arab Iron and Steel Union announced the winners of the Best Three Arab Scientific Research Competition in the field of iron and steel industry on October 15 during the 17th Arab Steel Summit held in Doha, Qatar during the period October 14-15. The first place was won by Dr. Mohamed Bahgat from Hadeed –  …

Arab Iron and Steel Union announces the winners of the Best Arab Scientific Research Competition in steel field Read More »

China: 104 mln tons of iron ore reserves discovered

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The Chinese government announced the discovery of high-grade iron ore deposits in east China’s Shandong Province, with estimated reserves of about 104 million tons. The Shandong Provincial Natural Resources Administration has identified 16 high-grade iron ore deposits in the Xihe-Yuecheng area of ​​China, Xinhua News Agency reported. High-grade iron ore typically has a total iron …

China: 104 mln tons of iron ore reserves discovered Read More »

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