Arab Steel Summit

Qatar

Arab Steel Summit in Doha Discusses Geopolitical Challenges to Steel Industry

The 17th Arab Steel Summit kicked off in Doha today, Monday, with the attendance of about 550 participants from the most prominent influencers and experts in the iron and steel industry. In his opening speech, Al Kaabi pointed to a set of challenges facing the steel industry in the Arab world, especially geopolitical fluctuations and […]

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Speech of the Secretary General Dr. Kamel Djoudi at the 17th Arab Steel Summit

In the name of Allah, the Most Gracious, the Most Merciful His Excellency Eng. Saad Sherida Al-KaabiMinister of State for Energy Affairs – State of Qatar Your Excellencies the Ambassadors of the Arab Countries His Excellency Mr. Awad Al-Khalidi, Chairman of the Board of Directors of the Arab Iron and Steel Union Ladies and Gentlemen

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Arab Steel Summit .. Minister of State for Energy Affairs: The steel industry needs to invest in advanced technologies

His Excellency Eng. Saad Sherida Al Kaabi, Minister of State for Energy Affairs, opened the 17th Arab Steel Summit and the accompanying International Iron and Steel Exhibition, calling for strengthening the position of the Arab iron and steel industry on the global map and creating appropriate regulatory and investment conditions to stimulate its growth and

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Minister of State for Energy Affairs Calls for Strengthening Global Position of Arab Iron, Steel Industry

HE Minister of State for Energy Affairs, Saad bin Sherida Al Kaabi, inaugurated the 17th Arab Steel Summit and the accompanying International Iron and Steel Exhibition by calling for positioning the Arab iron and steel industry firmly on the global map and creating the appropriate regulatory and investment conditions to stimulate its growth and enhance

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Arab countries’ crude steel production increases by 4.9% in January – July 2024

According to the latest report issued by the World Steel Organization on crude steel production. Arab countries’ crude steel production amounted to 3.4 million tons in July 2024, an increase of 2.7% compared to July 2023. July 2024 production was. Egypt topped Arab countries in steel production in July with a production volume of 959

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Arab countries’ crude steel production increased by 5.3% in H1 of 2024

According to the latest report issued by the World Steel Organization on crude steel production, the Arab countries’ production of crude steel reached 3.2 million tons in June 2024, a decline of 0.4% compared to June 2023. The production of June 2024 was the lowest since May 2023. Saudi Arabia topped the Arab countries in

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Qatar Steel and Milaha sign a 5-year agreement to provide stevedoring services that facilitate global access to Qatar Steel products

Qatar Navigation Company Q.P.S.C. (“Milaha”), a leading provider of marine and logistics solutions, and Qatar Steel, the leading iron and steel manufacturer in Qatar, today signed a five-year agreement to provide stevedoring services that will facilitate the import and export of products manufactured by Qatar Steel. According to the agreement, Milaha will provide Qatar Steel

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Cooperation between Qatar Energy and Japanese steel companies to CCS through the Blue Ammonia Plant

Japan’s Nippon Steel and Sumitomo Corp have secured orders from Qatar Energy for high-alloy seamless pipes to be used in a carbon capture storage (CCS) project. This project, led by Qatar Energy in Qatar’s Mesaieed Region, aims to construct a blue ammonia manufacturing plant. Nippon Steel recently shipped the first batch of these high-alloy seamless

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World’s crude steel production declined by 1.6% in January 2024, and Arab countries increased

World crude steel production for the 71 countries reporting to the World Steel Association (worldsteel) was 148.1 million tonnes (Mt) in January 2024, a 1.6% decrease compared to January 2023. Crude steel production by region Area Jan 2024 (Mt) % change Jan 24/23 Jan-Jan 2024 (Mt) % change  24/23 Africa 2.0 16.3 2.0 16.3 Asia

World’s crude steel production declined by 1.6% in January 2024, and Arab countries increased Read More »

Qatar Energy awards contracts worth $6 billion for the project to develop the largest oil field in Qatar

Qatar Energy Company announced the award of contracts worth $6 billion for a project to increase oil production from Al Shaheen Field, the largest oil field in Qatar, by about 100,000 barrels per day. According to a statement published by Qatar Energy Company on its website, four main contract packages have been awarded for engineering,

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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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Algerian Qatari Steel Company is a model of successful Arab partnerships

In recent years, Algeria has transformed from an importer of iron and steel – especially reinforcing steel – into an exporter thanks to two factories, one of which is the result of a partnership between the Algerian government Cedar Group with a share of 46% and the “Qatar Steel International” company affiliated with Qatar Mining

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Industries Qatar agrees to Qatar Steel’s potential acquisition of Al Qataria for the Production of Reinforcing Steel

Industries Qatar Company, “Industries Qatar” or “the Group”, one of the largest industrial companies in the region, with  activities in the production of a wide range of petrochemicals, chemical fertilizers and iron and steel products, announced that the Company’s board of directors has approved in principle the proposed acquisition offer of the entire shares of

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World crude steel production declined by 5.1% in May 2023 

According to the preliminary data announced by the World Steel Organization about world production (63 countries) during May 2023, crude steel production amounted to 161.6 million tonnes, a decrease of 5.1% compared to the production of May 2022. Africa produced 1.3 million tonnes in May 2023, up 18.6% from May 2022. Asia and Oceania produced

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Qatar Steel Industries Factory strengthens its presence locally

Ali Ahmadi, Executive Director of the Qatar Steel Industries Factory, said that the factory has succeeded in strengthening its presence in the Qatari market with the support of its distinguished products, advanced technology, sources of high-quality raw materials, maintaining the best services to customers and strengthening the strong distribution network. Ahmadi revealed that the factory

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World crude steel production declined by 2.4% in April 2023 

According to the preliminary data announced by the World Steel Organization about world production (63 countries) during April 2023, crude steel production amounted to 161.4 million tonnes, a decrease of 2.4% compared to the production of April 2022. Africa produced 1.3 million tonnes in April 2023, up 4.8% from April 2023. Asia and Oceania 121.1

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Qatar Steel develops the SwingDoorTM electric oven in cooperation with INTECO PTI

PTI has received an order from Qatar Steel to supply SwingDoorTM equipment for the development of the company’s electric furnace. The new SwingDoorTM technology will help improve slag foam control by keeping the slag door closed for almost the entire heating period. And the slag door will only be opened for annealing temperature sampling and

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World crude steel production increased by 1.7% in March 2023

According to preliminary data announced by the World Steel Organization on world production (63 countries) during March 2023, crude steel production amounted to 165.1 million tonnes, an increase of 1.7% compared to March 2022 production. Africa produced 1.4 million tonnes in March 2023, an increase of 8.4% compared to March 2022. Asia and Oceania 124.8

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IMF forecasts for the economies of Arab countries for the year 2023

The International Monetary Fund has slightly lowered its global growth forecast for 2023 as the pace of interest rate hikes slows, but warned that severe financial system disruptions could drive output to near-stagnation levels. The fund stated in its latest report on global economic prospects that the risks of spreading infection in the banking system

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World’s crude steel production declined by 3.3% in January 2023

According to the preliminary data announced by the World Steel Federation on world production (64 countries) during January 2023, crude steel production amounted to 145.3 million tonnes, a decrease of -3.3% compared to January 2022 production. Africa produced 1.2 million tonnes of crude steel in January 2023, down by -4.9% from January 2022 and Asia

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Qatar Steel achieved a profit of 888 million Qatari riyals in 2022

Qatar Steel achieved a net profit of QR 888 million in 2022, an increase of 24% compared to last year. The profit improvement was mainly driven by higher revenues, which increased by 10% compared to 2021. In addition, Foulath Holding Company, an associate company that mainly produces and sells iron oxide pellets, reported commendable financial

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Qatar Steel received its Earthna Qatar Sustainable Construction Materials Certification overseen by CARES

Qatar Steel Company has successfully received Qatar Sustainable Construction Materials Certification (Qatar Sustainability Label – Certificate of Registration (CoR)) with a “Good” rating from CARES and Earthna (Member of Qatar Foundation) after the desktop review audit by fulfilling the certification scheme requirements. Qatar Steel is the first approved company in its sector to achieve this

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World’s crude steel production declined by 4.3% and Egypt leads the Arab countries.

According to the preliminary data announced by the World Steel Association on world production (64 countries) during December 2022, crude steel production amounted to 140.7 million tonnes, a decrease of -10.8% compared to December 2021 production. Africa produced 1.1 million tons in December 2022, down by -8.9% from December 2021. Asia and Oceania produced 104.9

World’s crude steel production declined by 4.3% and Egypt leads the Arab countries. Read More »