Rebar prices in Egypt ranged this week between EGP 30,300 and EGP 34,200 per ton. Major producers maintained stable prices with no change compared to last week, as the price of Ezz Steel remained at EGP 34,200 per ton, while Suez Steel stabilized at EGP 33,700. Beshay Steel and El Marakby Steel both held steady …
Global iron and steel markets witnessed a state of relative price stability during the fourth week of December 2025, with limited movements recorded for some products, according to data obtained by the Arab Iron and Steel Union. In the scrap market, prices of HS1&2 scrap (80:20 mix) imported from the United States to Turkey remained …
Steel Prices in the Fourth Week of December 2025 Read More »
Customs data released by the Japan Iron and Steel Federation (JISF) showed that Japan’s exports of iron and steel products totaled about 2.40 million mt in November 2025, declining by 5.7% compared to October and by 3.6% year on year. During the January–November 2025 period, Japan’s exports of iron and steel products reached approximately 27.80 …
Japan’s Steel Exports Down 3.8% In January–November 2025 Read More »
ArcelorMittal has restarted steel production at its Fos-sur-Mer site in southern France following a fire that disrupted operations in early October. The site produced its first slab in mid-December after the restart of blast furnace No. 2, marking the resumption of steelmaking activities. The initial slab, produced for a Greek customer, measured 6 meters in …
ArcelorMittal restarts steel production at French plant production after fire incident Read More »
Emirates Steel, a subsidiary of the EMSTEEL Group, announced that it has maintained rebar prices for January 2026 production. The company kept the ex-works price of rebar unchanged at AED 2,648 (USD 721). The above prices do not include the 5% value-added tax (VAT). Emirates Steel is headquartered in Abu Dhabi, with an annual production …
Emirates Steel Maintains Rebar Prices for January 2026 Read More »
Rebar prices in Egypt ranged this week between EGP 30,600 and EGP 34,200 per ton. Major producers maintained stable prices with no change compared to last week, as the price of Ezz Steel remained at EGP 34,200 per ton, while Suez Steel stabilized at EGP 33,700. Beshay Steel and El Marakby Steel both held steady …
Xuân Thiện Group, one of Vietnam’s leading industrial groups, has signed a strategic investment and cooperation agreement with Primetals Technologies in Ninh Bình province, marking a significant step toward positioning Vietnam as a regional hub for high-quality steel production. Heavy Plate Production Line Primetals Technologies will act as the project’s technology partner, supplying advanced technological …
The U.S. Department of Commerce announced on December 17, 2025 that it has reached a preliminary decision to impose antidumping duties on imports of steel concrete reinforcing bar (rebar) from Algeria, as part of its investigations into unfair trade practices. The Department set a preliminary dumping margin of 127.32% on Tosyali Iron and Steel Industry …
US Commerce Department Initially Imposes Anti-Dumping Duties on Algerian Rebar Read More »
Global steel markets recorded limited price fluctuations during the third week of December 2025, according to data obtained by the Arab Iron and Steel Union. Imported 2&HS1 steel scrap (80:20 mix) from the United States to Turkey remained stable at USD 369 per tonne CFR, with no week-on-week change.Meanwhile, the price of 62% iron ore …
Canadian Prime Minister Mark Carney said that his country is unlikely to reach an agreement with the United States in the near term to reduce tariffs on sectors such as steel and aluminum. Carney explained that negotiations to lower tariffs on certain sectors will be integrated into talks over the United States–Mexico–Canada Agreement (USMCA), making …
Canadian Prime Minister: No Near-Term Deal with the U.S. on Steel Tariffs Read More »
According to preliminary data from the US Census Bureau under the Department of Commerce, US rebar imports totaled 36,016 mt in August this year, down 40.8% month on month and 43.1% year on year. In value terms, rebar imports amounted to $19.7 million in August, compared with $33.0 million in July and $41.4 million in …
EMSTEEL, one of the region’s largest publicly listed steel and building materials companies, said its low-carbon sheet piles were used in one of the UK’s major rail infrastructure projects, supporting the expansion of Oxford Railway Station through its UK partner, Sheet Piling (UK) Limited. The sustainable sheet piles were installed as part of a GBP …
EMSTEEL supplies low-carbon sheet piles for UK rail infrastructure project Read More »
Rebar prices in Egypt ranged this week between EGP 30,800 and EGP 34,200 per ton. Major producers maintained stable prices compared to the previous week. Ezz Steel held steady at EGP 34,200 per ton, Suez Steel at EGP 33,700, Beshay Steel at EGP 34,000, and El Marakby Steel at EGP 34,000. Egyptian Steel also kept its …
China’s crude steel production recorded a notable decline in November 2025, falling below 70 million tons to its lowest monthly level so far this year. According to data from China’s National Bureau of Statistics, crude steel output reached 69.87 million tons, down 10.9% year on year and 2.96% month on month. Pig iron production totaled …
China’s Crude Steel Output Drops Below 70 Million Tons in November Read More »
Global steel markets recorded limited price fluctuations during the second week of December 2025, according to data obtained by the Arab Iron and Steel Union. Prices of HS1&2 scrap (80:20 mix) imported into Turkey from the United States remained stable at USD 369 per ton CFR, reflecting a slight week-on-week increase of USD 1. As …
Steel Prices in the Second Week of December 2025 Read More »
Maghreb Steel posted a strong performance in the third quarter and the first nine months of 2025, driven by higher sales in the domestic market, which positively impacted revenues and sales volumes. The company, the sole producer of flat steel in Morocco, announced that its revenues for the period from January to September 2025 increased …
Maghreb Steel revenues rise 15% to MAD 4.42 billion over nine months Read More »
China’s Ministry of Commerce has announced that it will implement a steel export licensing system in an effort to control the record volumes of metal shipments flowing out of the country. The ministry said in a statement that exporters will be required to obtain a permit to ship a range of steel products starting January …
South Korean Trade Minister Yeo Han-koo expressed concerns over the Canadian government’s plan to strengthen protective measures for its steel industry, which could negatively affect South Korea’s steel product exports, according to officials. During an online meeting with Canadian Trade Minister Mary Ng, Yeo conveyed his “deep concern” regarding Canada’s decision to implement the new …
South Korea’s Trade Minister Voices Concern Over Canada’s Steel Protection Plan Read More »
According to statistics from the General Administration of Customs of China, China’s steel exports reached 9.98 million tons in November, a 2.0% increase from the previous month. The cumulative exports from January to November amounted to about 107.7 million tons, up by 6.7% year on year. In terms of raw materials, imports of iron ore …
China’s steel exports near 10 million tons in November Read More »
Rebar prices in Egypt ranged this week between EGP 31,200 and EGP 34,200 per ton. Major producers kept their prices unchanged compared to the previous week, with Ezz Steel maintaining its price 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 …
The Saudi Iron and Steel Company (Hadeed) has announced an increase in rebar prices (12–32 mm) for the month of December by SAR 40 (USD 10), bringing the new price to SAR 2,120 (USD 565) per ton. Wire rod prices (6.5–16 mm) have also risen by SAR 25 (USD 6), reaching SAR 2,270 (USD 605) …
Saudi Iron and Steel Company (Hadeed) Announces Price Increase for December Rebar Read More »
The head of the World Steel Association has stated that addressing China’s chronic overcapacity problem will not be achieved quickly, given the deep links between the steel industry and the broader Chinese economy. Edwin Basson, Director General of the association, told Bloomberg that “shutting down just one steel plant can have far-reaching effects on the …
World Steel Association : No Quick Fix for China’s Excess Production Read More »
The steel industry in the United Arab Emirates continues to record sustainable growth in 2025, supported by strong demand from the construction sector, as well as from manufacturing activities and major projects in housing and infrastructure. Industrial data shows that the country’s crude steel production reached 3.25 million tons in 2024, while the output of …
Infrastructure and Real Estate Drive Steel Demand in UAE Read More »
Europe’s steel sector, which has struggled through weak demand, high energy costs and a surge of low-priced imports, is expected to move into a more stable phase by 2026. According to analysts, a combination of proposed EU trade measures and gradual price improvement is likely to lift utilisation rates and support earnings across major European …
European Steel Industry Poised for Recovery in 2026 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 …
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 …
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 …
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 »
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 »
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 »