Arab Steel Summit

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US Commerce Department Initially Imposes Anti-Dumping Duties on Algerian Rebar

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

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Steel prices in the third week of December 2025

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

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India: Iron ore and pellet exports jump 27 percent month-on-month in November 2025

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

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Egypt: Customs extends export duty on stainless steel scrap for one year

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

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Canadian Prime Minister: No Near-Term Deal with the U.S. on Steel Tariffs

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

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US Rebar Imports Decline by 40.8% in August

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

US Rebar Imports Decline by 40.8% in August Read More »

Ukraine’s semi-finished steel exports decline by 30.5% in January–November

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

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Oman: Green Hydrogen Drives the Production of 2.5 Million Tons of Low-Carbon Steel in Duqm

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

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EMSTEEL supplies low-carbon sheet piles for UK rail infrastructure project

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

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JSW Steel collaborates with SMS Group to start up the world’s first RH ladle rocker with fast vessel exchange

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

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AISU Implements the “Rebar and Wire Rod Rolling Technology” program in cooperation with Ezz Steel.

AISU, News / user

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

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Oil Prices Fall to Their Lowest Level in 4 Years

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

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Rebar Prices in Egypt – December 15, 2025

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

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Sonarem Group and Tosyali Algeria Materialize a Strategic Partnership to Develop the Gara Djebilet Mine

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

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China’s Crude Steel Output Drops Below 70 Million Tons in November

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

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Steel Prices in the Second Week of December 2025

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

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Maghreb Steel revenues rise 15% to MAD 4.42 billion over nine months

Maghreb Steel posted a strong performance in the third quarter and the first nine months of 2025, driven by higher sales in the domestic market, which positively impacted revenues and sales volumes. The company, the sole producer of flat steel in Morocco, announced that its revenues for the period from January to September 2025 increased

Maghreb Steel revenues rise 15% to MAD 4.42 billion over nine months Read More »

China Imposes Restrictions on Steel Exports

China’s Ministry of Commerce has announced that it will implement a steel export licensing system in an effort to control the record volumes of metal shipments flowing out of the country. The ministry said in a statement that exporters will be required to obtain a permit to ship a range of steel products starting January

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Primetals Technologies Partners With SAIL Bokaro to Advance Green Steelmaking

Primetals Technologies and the Steel Authority of India Ltd. (SAIL) Bokaro Steel Plant have partnered to engineer a hydrogen gas injection system for a blast furnace at the facility in Bokaro Steel City, Jharkhand. The project focuses on integrating hydrogen gas injection technology at the blast furnace tuyere level. Primetals Technologies said it will engineer

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South Korea’s Trade Minister Voices Concern Over Canada’s Steel Protection Plan

South Korean Trade Minister Yeo Han-koo expressed concerns over the Canadian government’s plan to strengthen protective measures for its steel industry, which could negatively affect South Korea’s steel product exports, according to officials. During an online meeting with Canadian Trade Minister Mary Ng, Yeo conveyed his “deep concern” regarding Canada’s decision to implement the new

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Chinese Iron Ore Trade: Prices Climb Unjustifiably Due to Speculation

China Mineral Resources Group, the state-backed trading arm, has warned that iron ore prices are drifting away from real market fundamentals as intensified speculative activity pushes prices higher at a pace that does not reflect actual supply and demand conditions. In a report issued by its research unit — published on the WeChat account of

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China’s steel exports near 10 million tons in November

According to statistics from the General Administration of Customs of China, China’s steel exports reached 9.98 million tons in November, a 2.0% increase from the previous month. The cumulative exports from January to November amounted to about 107.7 million tons, up by 6.7% year on year. In terms of raw materials, imports of iron ore

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Qatar Steel and QPMC sign pact to boost steel recycling from demolition waste

Qatar Steel has signed a cooperation agreement with Qatar Primary Materials Company (QPMC) to recycle iron and steel recovered from construction and demolition waste at the Rawdat Rashed site. The partnership supports Qatar’s push toward a circular economy by converting reclaimed metals into reusable industrial inputs. Under the agreement, QPMC will extract and sort steel

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Iron Ore Prices Decline Amid Growing Expectations of Ample Supply

Iron ore futures prices fell during Tuesday’s trading, following the shipment of the first batch of production from the Simandou project in Guinea, which strengthened expectations of increased supply at a time when demand in China—the world’s largest consumer—is expected to weaken. The most actively traded iron ore contract for May 2026 delivery on the

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Turkey’s Billet Imports Rise by 31.1% in January–October 2025

Turkey’s imports of billet reached 398,715 tons in October, marking an increase of 15.5% compared to September, but a decline of 36.6% year-on-year, according to preliminary data from the Turkish Statistical Institute (TUIK). During the same month, the total value of these imports amounted to USD 195.90 million, up by 13.0% from the previous month

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Rebar Prices in Egypt – December 08, 2025

Rebar prices in Egypt ranged this week between EGP 31,200 and EGP 34,200 per ton. Major producers kept their prices unchanged compared to the previous week, with Ezz Steel maintaining its price at EGP 34,200 per ton, while Suez Steel remained at EGP 33,700, Beshay Steel at EGP 34,000, and El Marakby Steel at EGP

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Saudi Iron and Steel Company (Hadeed) Announces Price Increase for December Rebar

The Saudi Iron and Steel Company (Hadeed) has announced an increase in rebar prices (12–32 mm) for the month of December by SAR 40 (USD 10), bringing the new price to SAR 2,120 (USD 565) per ton. Wire rod prices (6.5–16 mm) have also risen by SAR 25 (USD 6), reaching SAR 2,270 (USD 605)

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World Steel Association : No Quick Fix for China’s Excess Production

The head of the World Steel Association has stated that addressing China’s chronic overcapacity problem will not be achieved quickly, given the deep links between the steel industry and the broader Chinese economy. Edwin Basson, Director General of the association, told Bloomberg that “shutting down just one steel plant can have far-reaching effects on the

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Infrastructure and Real Estate Drive Steel Demand in UAE

The steel industry in the United Arab Emirates continues to record sustainable growth in 2025, supported by strong demand from the construction sector, as well as from manufacturing activities and major projects in housing and infrastructure. Industrial data shows that the country’s crude steel production reached 3.25 million tons in 2024, while the output of

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European Steel Industry Poised for Recovery in 2026

Europe’s steel sector, which has struggled through weak demand, high energy costs and a surge of low-priced imports, is expected to move into a more stable phase by 2026. According to analysts, a combination of proposed EU trade measures and gradual price improvement is likely to lift utilisation rates and support earnings across major European

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