According to the prices announced in the global steel markets, scrap prices amounted to $420/ tonne, $10 up compared to last week’s prices, and iron ore prices $141/ tonne, $1 up compared to last week’s prices, while the prices of billets ranged between 505 – 590 Dollars per tonne, while it was between 505 – …
Jordan Steel Company announced rebar prices for January 2024, unchanged from the prices of December. The prices for Grade 60 EXW, between 432 and 440 dinars per tonne, excluding sales tax. However, with sales tax, it is between 515 and about 525 dinars per tonne. Grade Price without tax Price with tax Sales / …
Jordan Steel announces rebar prices for January 2024 Read More »
This week witnessed an increase in the prices of rebar for all companies in Egypt, as prices ranged between EGP 40,500 – EGP 42,900 EXW, with an average increase of about EGP 3,500 compared to last week. The prices were as follows: Ezz Steel EGP 42,000 , Suez Steel EGP 41,850 , Bishay Steel EGP …
The latest update on rebar prices in Egypt is January 02, 2023 Read More »
Ezz Steel Company announced the prices of flat steel starting from January 2024, reaching EGP 43,000 per ton, an increase of EGP 3,500 over last month’s prices, factory delivery, including value-added tax. Statement including VAT Flat Steel 43,000
On 21 and 22 November, the SMS Group in Mönchengladbach hosted a meeting called “3rd Modular Technology Days for Pilger Cold mills”. Customers from Finland, the UK, Greece, Austria, Poland and many other countries joined in for two interesting days of wide-ranging presentations by SMS Group experts. SMS Group seeks to expand the partnership with …
According to the provisional foreign trade statistics compiled by the Turkish Statistical Institute (TUIK), in November this year Turkey’s foreign trade deficit decreased by 32.6% to $5.9 billion compared to November 2022. In the January-November period this year, Turkey’s foreign trade deficit rose by 0.1% year on year to $99.9 billion. In November, Turkey’s iron …
Turkey’s steel export down 42.1% in January November 2023 Read More »
According to the prices announced in the global steel markets, scrap prices amounted to $410/ tonne, $14 down compared to last week’s prices, and iron ore prices $140/ tonne, $1 up compared to last week’s prices, while the prices of billets ranged between 505 – 540 Dollars per tonne, while it was between 505 – …
US President Joe Biden announced Thursday that he is extending a suspension of Trump-era steel and aluminum tariffs against the European Union (EU) for two years as negotiations continue. With the United States and the EU still far from resolving a years-long dispute over their trade in metals, Biden said he was extending a pause …
US Will Extend Suspension of EU Steel Tariffs for 2 years Read More »
In November this year, Japan’s iron and steel product exports amounted to 2.6 million metric tons, decreasing by 4.0% month on month and by 7.0% year on year, according to the customs statistics released by the Japan Iron and Steel Federation (JISF). In the January-November period this year, Japanese iron and steel product exports amounted …
Japan’s steel exports up 1.7% in January-November 2023 Read More »
Algerian steelmaker Tosyali Algeria, a subsidiary of Turkiye’s Tosyal Holding, will complete the fourth phase of its capacity expansion project by 2025. The company will add a new direct reduced iron plant, an electric arc furnace, hot and cold rolling mills and a galvanizing mill to its site in the Bethia industrial zone (western Algeria). …
Tosyali Algeria will complete the expansion project by 2025 Read More »
According to the daily monitoring of steel prices in Egypt, the prices of rebar ranged between EGP 37,000 EGP 40,800 EXW. This week witnessed an increase in the prices of most companies, Suez Steel from EGP 36,000 to EGP 38,500 , El Marakby Steel from EGP 38,000 to EGP 39,750 , Egyptian Steel from EGP …
The latest update on rebar prices in Egypt is December 25, 2023 Read More »
The UAE rebar market is expected to witness a rise in rebar prices, supported by rising demand and an upward trend in raw materials. As the largest local steel producer clarified its price policy for the month of January, the prices of rebar for the month of January will be as follows: 2,689 UAE dirhams/ton …
Rebar prices in the UAE rise by 92 dirhams in January Read More »
According to the prices announced in the global steel markets, scrap prices amounted to $424/ tonne, $2 down compared to last week’s prices, and iron ore prices $139/ tonne, $5 up compared to last week’s prices, while the prices of billets ranged between 505 – 540 Dollars per tonne, while it was between 515 – …
Steel prices in the fourth week of December 2023 Read More »
Mubasher Securities and Bonds Trading Company said that shareholder Jamal Abdul Qader Abdul Basir reduced his stake in the capital of Ezz Steel Company from 5.85% to 4.99%. The company explained in a statement today, Thursday, that Gamal Abdel Qader sold 4.67 million shares of Ezz Steel, with a total value of the deal amounting …
A shareholder reduces his stake in Ezz Steel’s capital by 374.84 million pounds Read More »
The British government announced that it intends to implement a new mechanism for pricing carbon imports by 2027, whereby fees will be imposed on goods imported from countries that do not impose carbon fees or impose lower fees, as part of efforts to eliminate carbon emissions. The government said the carbon limits adjustment mechanism will …
Britain intends to implement carbon duties on imports by 2027 Read More »
In November alone, China’s rebar, wire rod and welded pipe outputs amounted to 18.01 million mt, 11.108 million mt and 5.657 million mt, down 8.8% , up 3.1% and up 11.0% year on year, while down 1.32% , up 0.61% and up 2.32% month on month, respectively, according to China’s National Bureau of Statistics (NBS). …
China’s rebar output down 2.2% in January-November 2023 Read More »
In November 2023, Ukraine’s exports of flat steel increased by 25.7% compared to October 2023, reaching 130.4 thousand tons and rose 2.3 times compared to November 2022, according to data from the State Customs Service. In terms of value, exports of these products increased by 21.2% on a monthly basis to reach $76.2 million and …
Ukraine’s exports of flat steel increased by 26% in November Read More »
Ezz Steel Company announced the prices of flat steel to reach EGP 39,500 per ton, an increase of EGP 2,500 compared to the prices of the beginning of this month, EXW, including value-added tax. Statement including VAT Flat Steel 39,500
According to the prices announced in the global steel markets, scrap prices amounted to $426/ tonne, $2 down compared to last week’s prices, and iron ore prices $134/ tonne, $3 down compared to last week’s prices, while the prices of billets ranged between 515 – 550 Dollars per tonne, while it was between 505 – …
According to final census data from the US Department of Commerce, US imports of wire rod totaled 88,979 mt in October 2023, up 80.7% from September and up 39.5% from October 2022 levels. By value, wire rod imports totaled $73.9 million in October 2023, compared to $47.8 million in September and $75.3 million in October …
US wire rod imports up 80.7 percent in October , Algeria is in the lead Read More »
Sonasid Group, the leading national steel company, has obtained the International Environmental Product Declaration (EPD) certificate for its long steel products (rebar and wire rod), thus becoming the first producer of long steel products in Morocco to obtain this certificate. “A certificate confirms the group’s position as a leading African company in the production of …
Morocco: Sonasid obtains EPD certification for long steel products Read More »
Khaled Al-Mudaifer, Deputy Minister of Industry and Mineral Resources for Mining Affairs in the Kingdom of Saudi Arabia, said that iron in the Kingdom is witnessing a very large increase in demand due to the major projects the Kingdom is witnessing with a value of more than 5 trillion riyals, indicating that the demand for …
Saudi Arabia: A significant increase in iron demand Read More »
According to the daily monitoring of steel prices in Egypt, the prices of rebar ranged between EGP 39,900 EGP 35,750 EXW. This week witnessed stability in the prices of of most companies, namely Ezz Steel EGP 36,000, Suez Steel EGP 36,000, Beshay Steel EGP 39,900, El Marakby Steel EGP 38,000, Ashry Steel EGP 38,000, and …
The latest update on rebar prices in Egypt is December 11, 2023 Read More »
According to the prices announced in the global steel markets, scrap prices amounted to $428/ tonne, $26 up compared to last week’s prices, and iron ore prices $137/ tonne, $4 up compared to last week’s prices, while the prices of billets ranged between 505 – 610 Dollars per tonne, while it was between 495 – …
Steel prices in the second week of December 2023 Read More »
Bloomberg News reported that the European Union is considering reopening a case in the World Trade Organization against the United States over a dispute over steel and aluminium. Which led to the Allies imposing customs duties on goods worth more than $10 billion. The report said Friday, citing people familiar with the matter. The European …
Europe is considering reviving the steel tariffs issue against the United States Read More »
According to preliminary census data from the US Department of Commerce, US imports of rebar totaled 94,964 mt in October 2023, up 71.0% from September but down 9.4% from October 2022 levels. By value, rebar imports totaled $56.5 million in October 2023, compared to $33.7 million in September and $76.6 million in October 2022. The …
US rebar imports up 71.0% in October 2023, Egypt is in the lead Read More »
In October this year, Turkey’s rebar exports amounted to 283,092 metric tons, down by 30.3% compared to September and by 23.0% year on year, according to the preliminary data provided by the Turkish Statistical Institute (TUIK). Meanwhile, the revenue generated by these exports totaled $170.57 million, declining by 25.9% compared to the previous month and …
Turkey’s rebar exports decrease by 43.3% in January-October Read More »
Morocco has decided to terminate safeguard measures on the imports of rebar and wire rods starting October 16, 2023. The cessation follows the completion of the safeguard measure’s full 10-year period, encompassing provisional measures, the initial application, and subsequent extensions. Morocco had implemented these safeguard measures, imposing a tariff of MAD 550 (USD 54) per …
Morocco ends safeguard measures on rebar and wire rod imports Read More »
The Libyan Iron and Steel Company announced the prices of some products on December 5, pursuant to Resolution No. 413/2023. Product type and size The current price is D.L./tonne Retail Wholesaling Double line production skewers, diameter (8) mm, serrated 3170 3150 Double line production skewers, diameter (8) mm, smooth 3170 3150
Jordan Steel Company announced rebar prices for December, unchanged from the prices of November. The prices for Grade 60 EXW, between 432 and 440 dinars per tonne, excluding sales tax. However, with sales tax, it is between 515 and about 525 dinars per tonne. Grade Price without tax Price with tax Sales / tonnes …
Jordan Steel announces rebar prices for December 2023 Read More »