China’s steel market is in turmoil after new quality standards issued by the government forced traders to unload stocks, pressuring bullion prices and sending iron ore lower. A new report by Bloomberg said the new quality standards for rebar, issued by China’s State Administration for Market Regulation last month, will go into effect on September …
China’s steel market in turmoil over new quality standards Read More »
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The Sonatrach Group and the Tosyali Iron and Steel Company-Algeria signed, in Algiers, a memorandum of understanding that will allow the two parties to conduct a joint feasibility study for the production of green hydrogen in Algeria based on renewable energy, according to a statement from Sonatrach. Under this protocol, which was signed at the …
Sonatrach signs MOU with Tosyali Algeria on green hydrogen Read More »
The “Tosyali Algeria” iron and steel company is expected to export about 150 thousand tons of steel to Spain in the coming few days. The Minister of Trade and Export Promotion, Tayeb Zitouni, revealed that “if there are requests on the table to establish economic relations with Spain, we are open to that and with …
“Tosyali Algeria” exports 150 thousand tons of Steel to Spain Read More »
The Iron and Steel Company for Mines and Quarries announced achieving total sales in June worth EGP 17.83 million. The company explained, in a statement to the Egyptian Stock Exchange today, that the sales of the Bahariya Oasis mines in June amounted to EGP 17.83 million. It added that the value of sales of the …
Egypt: EGP 17.8 million in iron and steel for mines sales in June Read More »
The President of the Republic, Mr. Abdelmadjid Tebboune, supervised the honoring of nine institutions within the framework of the “President of the Republic Award for the Best Exporter” for the year 2023, in appreciation of their efforts and contribution to the diversification and development of Algerian exports outside hydrocarbons. The honoring ceremony was held at …