Arab Steel Summit

Jordan

World crude steel production increased by 3.3% in November 2023

World crude steel production for the 71 countries reporting to the World Steel Association (worldsteel) was 145.5 million tonnes (Mt) in November 2023, a 3.3% increase compared to November 2022. Africa produced 1.8 Mt in November 2023, up 3.1% on November 2022. Asia and Oceania produced 104.8 Mt, up 2.2%. The EU (27) produced 10.6

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$186.8 billion is the contribution of “building and construction” to the Arab economies

The Arab Monetary Fund revealed that the construction sector in the Arab countries has recovered from the effects of the “Covid-19” pandemic, and the sector’s contribution to the GDP for the year 2021 amounted to about $186.8 billion, compared to $178.3 billion in 2020, with a growth of 4.7%. The Fund added, in a report,

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The rise in the GDP of the Arab countries in 2022, with Saudi Arabia in the lead

The gross domestic product (GDP) at the current prices of the Arab countries is likely to rise by 21% this year to reach about $3.4 trillion, “representing 3.35% of the global economy,” compared to $2.81 trillion in 2021 “representing 2.92% of the global economy.” According to the monitoring unit of the reports in the “Al

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Arab Mining Company

 Jordan Arab Mining Company Based on the Arab Economic Unity Council’s resolution which was adopted on 06/10/1975, the Arab Mining Company was established in order to strengthen cooperative relations between Arab countries in terms of investing in mineral wealth. This resolution would result in diverse economic investments in productivity and development projects. This cooperation is

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George Matta is Chairman of the Economic Committee of Arab Iron and Steel Union

 Arab Iron and Steel Union  held the 13th Arab Steel Summit in Amman, Jordan, the first meeting of the Economic Committee. During the meeting, Mr. George Matta, Chief Marketing Officer of the Ezz Steel Group, was elected as Chairman of the Economic Committee, and Mr. Hassan El Melagy, Commercial Director of Coordination and Development, , Vice Chairman

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Egypt and the Arab countries are the most targeted to dispose of the global steel trade surplus

The Arab Steel Summit, which was held this year in the Jordanian capital, Amman, is of particular importance, as it coincides with the growing challenges facing this strategic industry in the Arab countries. Iron and steel by 25%, followed by many countries in the world taking retaliatory or preventive measures, such as the European Union,

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Arab Steel Summit stresses the necessity of being present in international markets

150 million tons of global surplus… and a committee to create an energy database The participants in the Arab Steel Summit, which was held in the Jordanian capital, Amman, warned of the protection risks imposed by some major countries on iron imports. They stressed during the activities of the second day of the summit that

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