The prices of rebar for most companies in Egypt this week witnessed an increase between EGP 1750 – EGP 11,700 compared to last week. As prices this week ranged between EGP 42,900 – EGP 59,700 compared to prices last week. Which ranged between EGP 42,900 – EGP 55,280,EXW. The prices were as follows: Ezz Steel …
Jordan Steel Company announced rebar prices for February 2024, a decrease of 10-15 dinars from last month’s prices. The prices for Grade 60 EXW, between 420 and 432 dinars per tonne, excluding sales tax. However, with sales tax, it is between 500 and about 515 dinars per tonne. Grade Price without tax Price with …
Jordan Steel announces the prices of rebar for February 2024 Read More »
According to the prices announced in the global steel markets, scrap prices amounted to $422/ tonne, $3 up compared to last week’s prices, and iron ore prices $128/ tonne, $5 down compared to last week’s prices, while the prices of billets ranged between 515 – 605 Dollars per tonne, while it was between 510 – …
According to preliminary census data from the US Department of Commerce, US imports of rebar totaled 46,694 mt in December 2023, down 32.3% from November and down 38.4% from December 2022 levels. By value, rebar imports totaled $30.8 million in December 2023, compared to $42.9 million in November and $61.0 million in December 2022. The …
In December last year, Japan’s iron and steel product exports amounted to 2.6 million metric tons, decreasing by 0.9% month on month and by 4.2% year on year, according to the customs statistics released by the Japan Iron and Steel Federation (JISF). In 2023, Japanese iron and steel product exports amounted to 32.7 million mt, …
According to the provisional foreign trade statistics compiled by the Turkish Statistical Institute, in December last year Turkey’s foreign trade deficit decreased by 37.8% to $6.04 billion compared to December 2022. In 2023, Turkey’s foreign trade deficit fell by 3.2% year on year to $105.9 billion. In December, Turkey’s iron and steel exports ranked eighth …
China’s stainless steel production increased by 12.6% in 2023 compared to 2022. Reaching 36 million tons, according to data from the Stainless Steel Council of the China Specialized Steel Council (CSSC). China’s exports of stainless steel in 2023 are estimated at 4.14 million tons, compared to 4.55 million tons in 2022. Imports to China reached …
China’s stainless steel production will increase by 12.6% in 2023 Read More »
The Saudi Iron and Steel Company (Hadeed) announced the official prices for selling rebar for February at 2,350 Saudi riyals per ton ($627 per ton), an increase of 25 Saudi riyals per ton ($7 per ton) compared to the level of January. The company resorted to this increase to balance costs. Despite the sufficient local …
The Saudi Iron and Steel Company announces an increase in rebar prices for February Read More »
The prices of rebar for most companies in Egypt this week witnessed an increase between EGP 1,500 – EGP 6,980 compared to last week, as prices this week ranged between EGP 42,900 – EGP 55,280 compared to prices last week, which ranged between EGP 42,900 – EGP 48,500,EXW. The prices were as follows: Ezz Steel …
Ezz Steel Company announced the prices of flat steel starting from January 27, 2024, to become EGP 59,100 per ton, an increase of EGP 9,800 over the prices of last week, month, EXW, including value-added tax. Statement including VAT Flat Steel 59,100
According to the prices announced in the global steel markets, scrap prices amounted to $419/ tonne, $4 down compared to last week’s prices, and iron ore prices $136/ tonne, $5 up compared to last week’s prices, while the prices of billets ranged between 510 – 605 Dollars per tonne, while it was between 513 – …
Rebar prices in the Gulf region witnessed an increase. Emirates Steel Arkan increased its price by AED 92/t ($25/t) to AED 2,689/t ($732/t) CPT Abu Dhabi and AED 2,696/t ($734/t) CPT Dubai, Sharjah and northern emirates. Bahrain’s Unirol raised offers by BHD 5/t ($13/t) to BHD 250/t ($662/t) EXW. Saudi Iron and Steel Company (Hadeed) …
Global hot-rolled coil prices have risen in key markets since the beginning of 2024. In Europe, quotes are supported by a low supply of locally produced products and the exhaustion of import quotas. In the US, the trend is similar, but supply still exceeds demand, which restrains price growth. In the Chinese market, prices have …
Global hot-rolled steel prices increased since the beginning of the year Read More »
The Ministry of Trade and Industry in Egypt said that there is no study on canceling dumping duties on imports of rebar originating from or exported from Turkey, Ukraine, and China, as reported in the media. She said in a statement on Tuesday: “There is no study to amend the applicable fees or cancel them, …
According to export data from the US Department of Commerce, US exports of rebar totaled 27,994 mt in November 2023, down 6.4% from October but up 59.1% from November 2022. By value, rebar exports totaled $16.3 million in November, compared to $18.4 million in the previous month and $12.6 million the same month last year. …
The prices of rebar for most companies in Egypt this week witnessed an increase between EGP 3,000 – EGP 6,500 compared to last week, as prices this week ranged between EGP 42,900 – EGP 48,500 compared to prices last week, which ranged between EGP 41,000 – EGP 44,500 ,EXW. The prices were as follows: Ezz …
Ezz Steel Company announced the prices of flat steel starting from January 20, 2024, to become EGP 49,300 per ton, an increase of EGP 3,800 over the prices of last week, month, EXW, including value-added tax. Statement including VAT Flat Steel 49,300
According to the prices announced in the global steel markets, scrap prices amounted to $423/ tonne, $1 down compared to last week’s prices, and iron ore prices $131/ tonne, $1 down compared to last week’s prices, while the prices of billets ranged between 513 – 595 Dollars per tonne, while it was between 510 – …
The rebar market in the Kingdom of Saudi Arabia witnessed a decline in prices in 2023 compared to the year 2022, as the price of a ton of rebar in December reached 2891.97 riyals, a decline of 18 riyals, a decline of 0.6% compared to the month of November, and a decline of 13.1% compared …
A report on rebar prices in Saudi Arabia by the end of December Read More »
The Minister of Industry and Pharmaceutical Production, Ali Aoun, confirmed this Monday in Annaba. A total of 215 hectares of industrial property were recovered in the vicinity of Sider El hadjar Iron and Steel Complex, which will be directed to launching investment projects that enhance national production capabilities of various materials and products. The Minister …
The prices of rebar for most companies in Egypt this week witnessed an increase between EGP 500 – EGP 2700 compared to last week, as prices this week ranged between EGP 41,000 – EGP 44,500 compared to prices last week, which ranged between EGP 40,500 – EGP 42,900 ,EXW. The prices were as follows: Ezz …
Ezz Steel Company announced the prices of flat steel to reach EGP 45,500 per ton, an increase of EGP 2,500 compared to the prices of the beginning of this month, EXW, including value-added tax. Ezz Steel Company announced the prices of flat steel starting from January 14, 2024, to become EGP 45,500 per ton, an …
Egypt: Ezz Steel announces new prices for flat steel Read More »
According to the prices announced in the global steel markets, scrap prices amounted to $424/ tonne, $4 up compared to last week’s prices, and iron ore prices $132/ tonne, $9 down compared to last week’s prices, while the prices of billets ranged between 510 – 595 Dollars per tonne, while it was between 505 – …
During his visit to the Suez Canal Economic Zone, Prime Minister Dr. Mostafa Madbouly. On Thursday, January 11, a visit to the Ezz Steel Factory in Ain Sokhna. The Prime Minister was accompanied during the visit by Lieutenant General Kamel Al-Wazir, Minister of Transport, and Mr. Walid Gamal El-Din, Chairman of the Economic Authority for …
The Prime Minister visits the Ezz Steel in Ain Sokhna Read More »
The Minister of Industry, Mr. Ali Aoun, made a working visit to the Belara Iron and Steel Company (Algerian Qatari Steel ), accompanied by the Governor of Jijel State, the President of the State People’s Assembly, and the President and General Manager of the CEDAR Complex. First, after His Excellency the Minister of Industry listened …
The Minister of Industry and Pharmaceutical Production visits the Algerian Qatari Steel Read More »
The US Department of Commerce (DOC) has announced the preliminary results of its administrative review of the antidumping duty order on circular welded carbon quality steel pipe (pipe) from the United Arab Emirates. During the review period from December 1, 2021, to November 30, 2022, UAE-based producers were found to have made sales of the …
US issues preliminary AD duties on circular welded pipe from UAE Read More »
According to preliminary census data from the US Department of Commerce. US imports of rebar totaled 69,010 mt in November 2023, down 27.3% from October and down 29.9% from November 2022 levels. By value, rebar imports totaled $42.9 million in November 2023, compared to $56.5 million in October and $66.8 million in November 2022. The …
Steel producer Sulb has achieved significant production milestones in 2023, with notable increases across its operations, the company said in a statement. The company’s melt shop reached a production of 1.265 mln tons. while the direct reduction plant hit 1.619 mln tons, and the heavy section mill achieved 653,000 tons. Additionally, Saudi Sulb marked a …
Bahrain : Sulb reports strong production performance in 2023 Read More »
Rebar prices for most companies in Egypt witnessed stability this week compared to last week. as prices ranged between EGP 40,500 – EGP 42,900 EXW. The prices were as follows: Ezz Steel EGP 42,000 , Suez Steel EGP 41,850 , Bishay Steel EGP 42,900, El Marakby Steel EGP 42,200 , Egyptian Steel EGP 41,800 , …
The latest update on rebar prices in Egypt is January 08, 2023 Read More »
The China Iron and Steel Association (CISA) said in a report. It is expected that China’s steel exports in 2023 will reach their highest level in seven years, at more than 90 million tons. The world’s largest steel manufacturing company exported about 67.32 million tons in 2022. The rise in exports comes in light of …
China’s steel exports reach their highest level in seven years Read More »