Reducing emissions from Japan’s steel industry is a central pillar of the country’s strategy to achieve carbon neutrality by 2050. The sector alone accounts for around 13% of national emissions due to its heavy reliance on coal for smelting and reduction processes. As global competition intensifies, cutting emissions has become a key benchmark for preserving
Decarbonizing Japan’s Steel Industry Pathways Read More »
Emsteel Group, one of the region’s largest publicly listed producers of steel and construction materials, has announced its key contribution to the development of the Zayed National Museum located in the Cultural District on Saadiyat Island. The museum was inaugurated by His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE, may God
Brazilian mining giant Vale, one of the world’s leading iron ore suppliers, has lowered its production outlook for 2026 amid weakening global demand and the arrival of new supply from Africa. The company stated, ahead of its Investor Day event in London, that it now targets production of 335–345 million tonnes of iron ore in
Vale Cuts 2026 Iron Ore Production Forecast Amid Global Demand Slowdown Read More »
Rebar prices in Egypt ranged this week between EGP 31,500 and EGP 34,200 per ton. Major producers maintained stable prices compared to the previous week, with Ezz Steel holding 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 34,000. Egyptian Steel
Rebar Prices in Egypt – October 24, 2025 Read More »
ArcelorMittal continues to call for the urgent introduction of the new tariff quota announced by the European Commission in October 2025. The proposal is a crucial measure that is vital for the survival of the steel industry in Europe, and the long-term security of the manufacturing sector. Steel imports into the EU continue at record
The steel sector in the Arab region recorded a steady and balanced performance during October 2025 across the Gulf, North Africa, and the Eastern Mediterranean. Most Arab countries achieved notable growth in production, supported by continued industrial expansion and rising local and regional demand for steel products.Aggregated data for the period from January to October
Report : Crude Steel Production in Arab Countries for January – October 2025 Read More »
World crude steel production for the 70 countries reporting to the World Steel Association (worldsteel) was 143.3 million tonnes (Mt) in October 2025, a 5.9% decrease compared to October 2024. Africa produced 2.0 Mt in October 2025, up 0.8% on October 2024. Asia and Oceania produced 102.4 Mt, down 8.2%. The EU (27) produced 10.8
Global Crude Steel Production Declines by 5.9% in October2025 Read More »
The Board of Directors of the Chamber of Metal Industries at the Afro-Asian General Union of Investors held its first meeting on the sidelines of the Middle East Iron and Steel Conference in Dubai. The meeting addressed the major transformations taking place in the global iron and steel industry, particularly shifts in trade flows, the
Afro-Asian Investors Union’s Chamber of Metal Industries Holds Its First Meeting Read More »
Global steel markets recorded mixed price movements during the fourth week of November 2025, with increases in some products, declines in others, and stability in several categories, according to data obtained by the Arab Iron and Steel Union. Prices for imported 80:20 scrap to Turkey continued their upward trend, rising by one dollar to reach
Steel prices in the fourth week of November 2025 Read More »
Saudi Minister of Municipal, Rural Affairs and Housing and Chairman of the Real Estate General Authority, Majid Al-Hogail, said that the results achieved at the Cityscape Expo reflect the strength of Saudi Arabia’s real estate sector and the development of its investment environment, noting that more than SAR 237 billion in real estate deals were
Saudi Arabia: Over SAR 237 Billion in Real Estate Deals at Cityscape Expo Read More »
Harsha Shetty, CEO of Jindal Steel Oman, affirmed that the Middle East continues to witness exceptionally strong demand for steel products throughout this year and the next, noting that industry players in the region are currently operating in “the right place at the right time.” Shetty revealed an ambitious plan to establish a new steel
Jindal Steel Oman to Erem Business: Steel demand in the Middle East remains very strong Read More »
Leading Chinese steel producer Hebei Jinxi Iron and Steel Group has placed an order with Primetals Technologies for two continuous slab casters, each with a capacity of 2.5 million tons per year. The order also includes an extensive digitalization package with Level 1 and Level 2 automation systems, ensuring state-of-the-art process control and optimization. The
A broad intersectoral coordination meeting was held on Wednesday at the headquarters of the Ministry of Petroleum and Mines in Algeria to discuss the measures required to launch the development of the Gara Djebilet iron ore mine, along with the Béchar–Tindouf mining railway line designated for transporting passengers, goods, and mineral materials. The meeting was
Informed sources said that European Union officials are increasingly concerned about U.S. plans to broaden the list of EU products subject to high tariffs on steel and aluminum imports—an action that could undermine the spirit of the trade agreement the two sides signed earlier this summer. According to Bloomberg, EU Trade Commissioner Maroš Šefčovič and
EU Warns the United States Against Expanding Steel Tariffs Read More »
El Marakby Steel Group has announced plans to inject new investments estimated at $23 million over the coming year, aiming to develop higher value-added finished products and deepen local manufacturing within its facilities. The announcement was made by Hassan El-Marakby, the company’s CEO and Managing Director, in an interview with Eram Business on the sidelines
El Marakby Steel invests $23 million in new expansion projects Read More »
Ayman El Ashry, Chairman of Ashry Steel, affirmed during his participation in the Middle East Iron & Steel Conference that this event serves as an important platform to enhance the presence of the Egyptian steel industry in global markets. He noted that local products possess the capability and quality to compete with major international manufacturers,
Hassan Allam Holding and Telal Real Estate have signed an agreement with the National Housing Company (NHC) to develop the first mixed-use project in the Khuzam district, north of Riyadh, during Cityscape Global 2025. The signing ceremony was attended by the Minister of Municipal and Rural Affairs and Housing, along with senior executives from the
The UK government is preparing a package of retaliatory measures to counter the European Union’s proposed increases in tariffs on steel imports, should efforts to reach an agreement that mitigates their impact fail. According to sources cited by Bloomberg, London is considering escalating actions after domestic manufacturers warned that the EU’s plans could trigger the
UK Mulls Options to Retaliate Against European Steel Tariffs Read More »
Rebar prices in Egypt saw notable changes during the third week of November, as producing companies announced their updated price lists, which came as follows: Ezz Steel set its price at EGP 34,200 per ton, marking a decrease of EGP 4,000 compared to last week, while Al-Suez Steel posted a price of EGP 33,700, down
Rebar Prices Decline in Egypt Read More »
Australia’s Anti-Dumping Commission has announced the results of its review of the anti-dumping duties imposed on rebar imports from South Korea and Spain, which were scheduled to expire on November 19, 2025, according to SteelOrbis. The review was initiated following an application submitted by the local producer InfraBuild, and it covered the period from October
Australia Continues to Impose AD Duties on Rebar Imports from South Korea and Spain Read More »
Turkey’s steel exports rose during the period from January to October 2025 to reach 16.04 million tons, an increase of 9.5% compared to the same period in 2024, according to data from the Steel Exporters Association. Rebar topped the sector’s export list with a total of 3.27 million tons, recording annual growth of 18.1%. Hot-rolled
Turkey Exports More Than 16 Million Tons of Steel in January–October Read More »
Egypt’s iron and steel exports recorded a notable jump in September, rising by 42% to reach $190 million, compared to $134 million in September 2024, according to data from the Export Council for Building Materials, as reported by Al Arabiya. This growth coincided with a 16% increase in Egypt’s crude steel production during the same
Record Surge in Egypt’s Iron and Steel Exports in September Read More »
The Arab Iron and Steel Union, in cooperation with Ezz Steel, has launched the second program in its series of specialized training courses, titled “Meltshop Concept and Philosophy” The program runs from 16 to 27 November 2025, with the participation of technical personnel from member companies, including Emsteel, Qatar Steel, FOULATH – Bahrain, Libyan Iron
China’s economy experienced further slowdown in October, weighed down by weakening consumer demand and the ongoing real estate crisis, in addition to the impact of the long national holiday that affected industrial production. Data from the National Bureau of Statistics showed that fixed-asset investment — including the property sector — fell by 1.7% in the
China’s Economy Slows in October Amid Weak Demand and Deepening Property Crisis Read More »
Ezz Steel has announced a reduction in rebar prices starting November 16, 2025, by EGP 4,000 per ton, bringing the new price down to EGP 34,200 ex-works, after more than a year of price stability. Statement including VAT Rebar 34,200 EGP Inclusive of value-added tax (VAT). 1 USD = 47.01 EGP
Ezz Steel reduces rebar prices by EGP 4,000 per ton Read More »
China recorded a significant decline in the production of pig iron, crude steel, and finished steel products in October, with output reaching 65.55 million mt, 72 million mt, and 118.64 million mt respectively. These decreases represent year-on-year drops of 7.9%, 12.1%, and 0.9%, in addition to month-on-month declines ranging between 0.76% and 4.5%, according to
China’s crude steel output drops to lowest level in October at 72 million mt Read More »
The UK High Court has ruled that BHP is liable for the collapse of a tailings dam at an iron ore mine in Brazil in 2015, an incident that killed 19 people, destroyed entire villages, and polluted hundreds of kilometers of rivers. The ruling opens the door to compensation claims that could exceed $47 billion,
UK Court: Australia’s BHP Found Liable for Brazil Mine Disaster Read More »
India has imposed a five-year antidumping (AD) duty on HRC imported from Vietnam, a government notification said on Thursday, November 14. The AD levy of $121.55/mt on imports of hot-rolled flat steel products from Vietnam for five years is aimed at protecting domestic manufacturers from cheap imports, the notification said. The imposition of the duty
India imposes AD duty on HRC imports from Vietnam Read More »
The global steel market recorded mixed price movements during the third week of November 2025, with slight increases in some raw materials, stability in several finished products, and notable declines in others. These fluctuations come amid ongoing shifts in supply and demand across different regions. Prices of Turkish scrap (CFR) saw a slight increase of
Steel prices in the third week of November 2025 Read More »
Ukraine’s steel exports saw a notable decline in the first ten months of 2025, falling by 9.9% to 3.68 million tons, according to data released by the Ukrainian Steel Association. Total steel production in the same period reached 5.38 million tons, compared to 5.26 million tons in the previous year, while the local market consumed
Ukraine’s Steel Exports Drop by 9.9% in January – October 2025 Read More »