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Newsletter 40-2023
Download PDF newslettehttps://aisusteel.org/wp-content/uploads/2023/10/AISU-STEEL-NEWS-25-09-2023-E-11-2.phttps://aisusteel.org/wp-content/uploads/2023/10/AISU-STEEL-NEWS-16 . . . You do not have permission to access the content If you have a valid account on the site, Login | or Signup Username Password Login Types of packages Free Users Site Member AISU Members Members Members 🟢 🟢 🟢 News North Africa News 🟢 🟢 🟢 Gulf Area News …
Newsletter 39-2023
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Egypt signed an agreement with Maersk worth $3 billion to produce green fuel
Egypt and C2X, a subsidiary of the global container shipping company Maersk, signed a new framework agreement worth up to $3 billion to produce green fuel and its derivatives in the Suez Canal Economic Zone, according to a statement issued by the Egyptian Prime Minister’s Office today. The General Authority for the Suez Canal Economic …
Egypt signed an agreement with Maersk worth $3 billion to produce green fuel Read More »
Japan’s steel exports up 1.2 percent in January-August
In August, this year, Japan’s iron and steel product exports amounted to 2.8 million metric tons, increasing by 0.6 per cent month on month and by 11.6 per cent year on year, according to the customs statistics released by the Japan Iron and Steel Federation (JISF). In the January-August period this year, Japanese iron and …
Japan’s steel exports up 1.2 percent in January-August Read More »
Vale’s iron ore exports up 1.1 percent in January-July
In July this year, Brazilian miner Vale’s iron ore export volume totaled 22.65 million mt, rising by 2.2 percent compared to June and by 1.8 percent compared to July 2022, according to Brazil’s National Union of the Industry of Extraction of Iron and Base Metals (Sinferbase). In the first seven months of the current year, …
Vale’s iron ore exports up 1.1 percent in January-July Read More »
Latest rebar prices update in Egypt is September 26, 2023
According to the daily follow-up of iron prices in Egypt, rebar prices ranged between EGP 30,500 – 34,000, EXW. The companies that did not change prices are Ezz Steel, 32,135 pounds, Suez Steel, 32,050 pounds, Beshay Steel, 34,000 pounds, Al-Maraqby Steel, 32,000 pounds, Egyptian Steel, 32,050 pounds, Al-Garhy Steel, 32,000 pounds, and El-Gyoushi Steel, 31,000 …
Latest rebar prices update in Egypt is September 26, 2023 Read More »
Newsletter 38-2023
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Turkey’s billet imports up 64.5 per cent in January-July 2023
From January to July, Turkiye’s billet imports reached 2.24 million tonnes, an increase of 64.5%, year on year. In that period, Turkiye imported 1,053,243 tonnes of billets from Russia, an increase of 19.8% year-on-year. Algeria topped the Arab countries supplying billets to Turkiye with a volume of 414,800 tonnes, followed by Oman with a volume …
Turkey’s billet imports up 64.5 per cent in January-July 2023 Read More »
South Korea’s imports of rebar decreased from January to August 2023
According to statistics, South Korea’s imports of rebar amounted to about 342,900 tons during the first eight months of this year, a decrease of 21% compared to the same period last year. Among these imports, imports from China accounted for the largest share at 53.7%, with an annual increase of 20.3% to about 184 thousand …
South Korea’s imports of rebar decreased from January to August 2023 Read More »
China’s cast iron production increased from January to August by 3.7% year-on-year
Cast iron production rose by more than the 2.6% increase in the country’s crude steel production. Iron ore production was generally down compared to July, with some steel mills in northern China produced less than their maximum capacity as they resumed idle furnace operations in early August. Authorities in the northern Chinese of Tangshan ordered …
China’s cast iron production increased from January to August by 3.7% year-on-year Read More »
Newsletter 37-2023
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Latest rebar prices update in Egypt is September 19, 2023
According to the daily follow-up of iron prices in Egypt, rebar prices ranged between EGP 31,500 – 34,000, EXW. The companies that did not change prices are Ezz Steel 32,135 pounds, Suez Steel 32,050 pounds, Beshay Steel 34,000 pounds, Al-Maraqby Steel 32,000 pounds, Egyptian Steel 32,050 pounds, El-Ashry Steel 32,500 pounds, El-Garhy Steel 32,000 pounds, …
Latest rebar prices update in Egypt is September 19, 2023 Read More »
The inability of refineries to produce enough diesel portends a global crisis
There are fears that petroleum refining companies will not be able to produce enough diesel, which will open a new front of inflationary pressures, depriving economies of the fuel that fuels both industry and transportation. While oil futures are rising rapidly – hitting just under $95 a barrel in London – This increase is less …
The inability of refineries to produce enough diesel portends a global crisis Read More »
UNIDO: Launching the second phase of the global program for eco-industrial complexes
The United Nations Industrial Development Organization (UNIDO) has begun work on launching the second phase of the Global Environmental Industrial Parks Program (GEIPP) to help emerging and developing economies establish more competitive and sustainable industrial parks that contribute to achieving comprehensive development by adopting circular economy practices and developing strategies to combat climate change. The …
UNIDO: Launching the second phase of the global program for eco-industrial complexes Read More »
Oil prices are above $92 and are expected to exceed $100 by the end of the year
Oil prices rose, reaching the highest level in 10 months, above $92 a barrel, amid expectations that they will exceed $100 by the end of this year, as expectations of a reduction in global supplies overshadowed fears of a slowdown in demand in some countries such as China. Brent crude futures rose 0.4% to $92.44 …
Oil prices are above $92 and are expected to exceed $100 by the end of the year Read More »
The Emirati “Masdar” plans to double its capacity this year
The UAE’s largest clean energy producer plans to double its capacity this year, helping boost the green potential of the country ahead of the climate conference. Abu Dhabi Future Energy Company Masdar, which runs projects from the UK to Asia, aims to boost its global capacity to about 40 gigawatts by the end of the …
The Emirati “Masdar” plans to double its capacity this year Read More »
Emirati consortium to build metal zone in UAE
A consortium of Emirati companies including CIM Steel Industry LLC, Rhino Steel, Metal Care Center Factory LLC, and Aziz Steel will set up four steel manufacturing and processing units at the Umm Al Quwain Industrial City in the UAE. According to the official statement, the consortium in question will turn 130,000 square meters of land …
Turkey’s rebar exports decrease by 50 % in January-July
In July this year, Turkey’s rebar exports amounted to 329,657 metric tons, up by 7.4 % compared to June and down by 12.5 % year on year, according to the preliminary data provided by the Turkish Statistical Institute (TUIK). Meanwhile, the revenue generated by these exports totaled $205.72 million, rising by 3.7 % compared to …
Turkey’s rebar exports decrease by 50 % in January-July Read More »