According to the prices announced in the global steel markets, scrap prices amounted to $390/ tonne, $21 down compared to last week’s prices, and iron ore prices $115/ tonne, $6 down compared to lastt week’s prices. While the prices of billets ranged between 505– 585 Dollars per tonne, while it was between 515– 600 dollars …
Suez Steel Company announced the prices of rebar starting from Mrach 01, 2024, to become EGP 46,500 per ton, aa decrease of EGP 7,020. And flat steel, including value-added tax. Statement including VAT Rebar 46,500
Mr. Youssef bin Ahmed Al-Mohannadi, member of the Board of Directors and General Manager of the Algerian-Qatari Steel Company, revealed that the company’s turnover reached about 1.2 billion dollars in the year 2023. After the production pace reached nearly 1.7 million tons of finished products, more than 700 thousand were exported. tons of it to …
According to the provisional foreign trade statistics compiled by the Turkish Statistical Institute, in January this year Turkey’s foreign trade deficit decreased by 56.4% to $6.23 billion compared to January 2023. In January, Turkey’s iron and steel exports ranked ninth among the country’s products with the highest export value, totaling $625.6 million, increasing by 6.6% …
Turkey’s steel export value increases by 6.6% in January 2024 Read More »
Rebar prices in Egypt witnessed stability this week, as prices ranged between EGP 44,800 – EGP 54,000. The prices were as follows: Ezz Steel EGP 46,500, Suez Steel EGP 53,520, Bishay Steel EGP 54,000, El Marakby Steel EGP 53,520, Egyptian Steel EGP 49,920 , Ashry Steel EGP 53,000, Garhy Steel EGP 46,300, Misr Steel EGP …
Ezz Steel Company announced the prices of rebar starting from February 28, 2024, to become EGP 46,500 per ton, aa decrease of EGP 7,020. And flat steel, EGP 50,340 per ton, a decrease of EGP 7,000 compared to yesterday price over EXW, including value-added tax. Statement including VAT Rebar 46,500 Flat Steel 50,340
Rebar prices in Egypt witnessed stability this week, as prices ranged between EGP 47,300 – EGP 54,000. The prices were as follows: Ezz Steel EGP 53,520, Suez Steel EGP 53,520, Bishay Steel EGP 54,000, El Marakby Steel EGP 53,520, Egyptian Steel EGP 49,920 , Ashry Steel EGP 53,000, Garhy Steel EGP 47,300, Misr Steel EGP …
Emirates Steel Arkan has decided to keep rebar prices unchanged for March production. The company is offering rebar (10-40 mm) at AED 2,744 (USD 747) per ton CPT Abu Dhabi and AED 2,752 (USD 749) per ton CPT Dubai, Sharjah, and the Northern Emirates. The decision to keep prices steady is believed to be influenced …
Emirates Steel Arkan keeps rebar prices stable for March Read More »
According to the prices announced in the global steel markets, scrap prices amounted to $411/ tonne, $6 down compared to last week’s prices, and iron ore prices $121/ tonne, $9 down compared to lastt week’s prices. While the prices of billets ranged between 515– 600 Dollars per tonne, while it was between 510 – 600 …
Steel prices in the fourth week of February 2024 Read More »
According to data collected from the Arab Iron and Steel Union, Egypt’s production of rebar in 2023 declined by 4.1% compared to production in 2022, reaching 8.045 million tons, as the first half of 2023 witnessed a decline of 19.6% compared to the same period in 2022, while the second half witnessed an improvement. By …
Production and sales of rebar in Egypt declined and its prices rose Read More »
The Egyptian Algioshy Steel Group announced the completion of its acquisition of the Arabian Steel Industries Company, which is headquartered in the Suez Canal Economic Zone in Ain Sokhna. Algioshy Group said in a statement that a new board of directors for Arabian Steel Company is scheduled to be formed within days, headed by Tarek …
Egypt: “Algioshy Steel” acquires “Arabian Steel Industries” Read More »
Rebar prices in Egypt witnessed stability this week, as prices ranged between EGP 49,920 – EGP 54,000. The prices were as follows: Ezz Steel EGP 53,520, Suez Steel EGP 53,520, Bishay Steel EGP 54,000, El Marakby Steel EGP 53,520, Egyptian Steel EGP 49,920 , Ashry Steel EGP 53,000, Garhy Steel EGP 53,300, Misr Steel EGP …
Ezz Steel Company announced the prices of rebar starting from February 21, 2024, to become EGP 53,520 per ton, an increase of EGP 3,600. And flat steel, EGP 57,340 per ton, a decrease of EGP 3,600 compared to the prices of the first of February, price over EXW, including value-added tax. Statement including VAT Rebar …
Egypt: Ezz Steel announces the prices of rebar and flat steel Read More »
The Moroccan Ministry of Industry and Trade revealed duty-free quotas for cold-rolled and coated steel products. 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 🟢 🟢 🟢 …
Morocco announces duty-free quotas for cold rolled and coated steel imports in 2024 Read More »
According to the General Authority for Statistics, the average price of a ton of rebar in the Kingdom of Saudi Arabia was recorded in January 2024. 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 …
Rebar prices in Egypt witnessed stability this week, as prices ranged between EGP 49,000 – EGP 54,000. The prices were as follows: Ezz Steel EGP 49,920, Suez Steel EGP 49,920, Bishay Steel EGP 54,000, El Marakby Steel EGP 49,920, Egyptian Steel EGP 49,920 , Ashry Steel EGP 49,500, Garhy Steel EGP 49,750, Misr Steel EGP …
The latest rebar prices update in Egypt, February 18, 2024 Read More »
According to the prices announced in the global steel markets, scrap prices amounted to $417/ tonne, $2 down compared to last week’s prices, and iron ore prices $130/ tonne, unchanged from last week’s prices. While the prices of billets ranged between 510 – 600 Dollars per tonne, while it was between 515 – 600 dollars …
In 2023, Qatar Steel’s sales volume reached nearly 2 million tons of various products, an increase of 15.2% year-on-year, according to official information.
Saeed Ghumran Al Rumaithi, CEO of Emirates Steel Group Arkan, confirmed that the UAE is considered one of the few countries recording growth in demand for iron in light of the current global circumstances, indicating the company’s keenness to stabilize iron prices in the local market. Al-Rumaithi explained that the local market recorded an increase …
CEO of Emirates Steel Group, Arkan: Emirates Steel’s share is between 60-65% Read More »
In 2023, Turkey’s rebar exports declined by 37.7% compared to 2022, reaching 3.39 million tons. This is based on preliminary data issued by the Turkish Statistical Institute (TUIK). In December 2023, Turkey exported 335.36 thousand tons of rebar, an increase of 19.9% compared to November, and 23% compared to December 2022. Rebar export revenues decreased …
According to export data from the US Department of Commerce, monthly steel exports in December 2023 decreased 15.3% from November to total 557,633 mt. A year-on-year comparison shows a 3.8% increase. In terms of value, US steel exports in December totaled $1.02 billion, compared to $1.18 billion in November and $1.04 million in December 2022. …
Rebar prices in Egypt witnessed stability this week, as prices ranged between EGP 42,900 – EGP 49,920. The prices were as follows: Ezz Steel EGP 49,920, Suez Steel EGP 49,920, Bishay Steel EGP 42,900, El Marakby Steel EGP 49,920, Egyptian Steel EGP 49,920 , Ashry Steel EGP 49,500, Garhy Steel EGP 49,750, Misr Steel EGP …
The latest rebar prices update in Egypt, February 11, 2024 Read More »
ArcelorMittal, the world’s largest steelmaker outside China, expects steel demand to increase this year, supported by India’s demand growth. ArcelorMittal said it expects steel consumption outside China – which is one of the main indicators of the global economy – to grow by between 3% and 4% in 2024, according to Bloomberg. She explained that …
ArcelorMittal expects global demand to rise by up to 4% this year Read More »
According to the prices announced in the global steel markets, scrap prices amounted to $419/ tonne, $3 down compared to last week’s prices, and iron ore prices $130/ tonne, $2 up compared to last week’s prices, while the prices of billets ranged between 515 – 600 Dollars per tonne, while it was between 515 – …
Steel prices in the second week of February 2024 Read More »
Russia’s steel consumption increased in 2023 by 7% year-on-year to 46.3 million tonnes, Russian steelmaker Severstal estimates – Kallanish . The main drivers of Russia’s economic growth remain large-scale infrastructure projects and projects aimed at import substitution across all major sectors, with a primary focus on engineering and manufacturing. Although the Russian economy experienced growth …
Rebar prices in Egypt witnessed a decline after rising at the beginning of the week, as a result of foreign currency rates in the parallel market. It decreased between EGP 5,250 – EGP 10,200 compared to prices at the beginning of the week. The prices were as follows: Ezz Steel EGP 49,920, Suez Steel EGP …
In December 2023, Turkey’s steel exports to the Gulf region saw a 6% decline compared to the previous month, according to the Turkish Statistical Institute (TUIK). Total steel exports for December amounted to 11,710 tons, compared to exports of 12,467 tons in November. The value of exports decreased by 4%, reaching US$9.1 million. Turkey’s steel …
Türkiye’s steel exports to GCC decline in December 2023 Read More »
Muhaj Baghdad, an Iraqi-based company, has signed a contract with Danieli to develop a new 500,000-tpy rolling mill facility plant for rebar. The planned facility plant would use Danieli’s high-speed rolling technology to create high-quality rebar with a diameter of 10 to 40 mm. The plant will be constructed in the industrial district of Al-Hilla, …
Muhaj Baghdad signs with Danieli to develop rolling mill plant Read More »
According to data from the Turkish Steel Association (TCUD), Turkey’s consumption of rolled steel products increased by 17.1% in 2023 compared to 2022, reaching 38.1 million tons. Steel exports from Turkey fell by 30.6% year-on-year, reaching 10.5 million tons in 2023, and export revenues fell by 40.7%, reaching $8.3 billion. Turkey’s steel imports in 2023 …
Türkiye’s steel consumption increased by 17.1% in 2023 Read More »
Ezz Steel Company announced the prices of rebar starting from February 5, 2024, to become EGP 49,920 per ton, aa decrease of EGP 5,360. And flat steel, EGP 53,740 per ton, a decrease of EGP 5,360 compared to yesterday price over EXW, including value-added tax. Statement including VAT Rebar 49,920 Flat Steel 53,740