CEO of Riyadh Steel Company, Ahmed bin Abdulkarim Al-Nafi, said that the company has a plan to establish a new factory near the city of Riyadh, which will allow it to expand and diversify the types of products offered to customers. In an interview with Arqaam, Al-Nafi pointed out that regional iron consumption is expected …
According to Ezz Steel Company’s report to the Egyptian Stock Exchange, local consumption of rebar decreased by 28% during the first half of 2023, reaching 2.8 million tons as a result of the economic crisis and price inflation. Actual production (reinforcing steel – wire rod) also decreased by 20%, reaching 3.567 million tons, and rebar …
According to the prices announced in the global steel markets, scrap prices amounted to $355/ tonne, $8 down compared to last week’s prices, and iron ore prices $116/ tonne, $2 down compared to last week’s prices, while the prices of billets ranged between 465 – 525 Dollars per tonne, while it was between 475 – …
According to iron prices daily monitoring in Egypt, rebar prices ranged between EGP 34,000 – and EGP 31,800 EXW. The companies that did not change prices are Ezz Steel EGP 32,135. Suez Steel, EGP 32,050, Beshay Steel, EGP 34,000, Egyptian Steel, EGP 32,050, and El-Garhy Steel, EGP 31,500. The companies that raised prices are El-Marakby …
The latest update on rebar prices in Egypt is October 18, 2023 Read More »
In August this year, Turkey’s rebar exports reached 370,830 tonnes, an increase of 12.1% compared to July and a decrease of 35.8% year-on-year, according to preliminary data from the Turkish Statistical Institute (TUIK). Meanwhile, the total revenue generated from these exports amounted to $218.56 million, an increase of 6% compared to July and a decrease …
Türkiye’s rebar exports decreased by 48% during January-August 2023 Read More »
According to final census data from the U.S. Department of Commerce, U.S. wire rod imports totalled 89,393 tonnes in August 2023, an increase of 25.1% from July and 27.3% from August 2022 levels. In terms of value, total wire rod imports reached $85.7 million in August 2023, compared to $71.2 million in July and $86.5 …
According to the prices announced in the global steel markets, scrap prices amounted to $363/ tonne, $7 down compared to last week’s prices, and iron ore prices $118/ tonne, $2 down compared to last week’s prices, while the prices of billets ranged between 475 – 505 Dollars per tonne, while it was between 485 – …
Jordan Steel Company announced rebar prices for October for 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 Sales / tonnes Min Max Min Max 60 432 …
Jordan Steel announces rebar prices for October 2023 Read More »
According to the iron prices daily monitoring in Egypt, rebar prices ranged between EGP 34,000 and 30,000 EXW The companies that did not change prices are Ezz Steel EGP 32,135. Suez Steel, EGP 32,050. Beshay Steel, EGP 34,000, and Egyptian Steel, EGP 32,050. The companies that reduced prices are El Marakby Steel from EGP 32,000 …
The latest rebar prices update in Egypt is October 10, 2023 Read More »
After a hiatus that lasted for quite a while, the Libyan Iron and Steel Company announced a production exceeding 1,000 tons per day of hot-rolled coils of various sizes (thickness 2-3-4 mm, and width 1 meter – 1.25 meters – 1.50 meters) after the company-resumed production in its factories. The General Administration of Flat Rolling …
Industries Qatar, one of the largest industrial companies in the region with multiple activities in a wide range production of petrochemicals, chemical fertilizers, and iron and steel products, announced the completion of all shares acquisition of Qatar Rebar Production Company by its subsidiary, Qatar Steel. The total amount of 346 million Qatari riyals, excludes cash …
According to the prices announced in the global steel markets, scrap prices amounted to $370/ tonne, $4 down compared to last week’s prices, and iron ore prices $120/ tonne, unchanged compared to last week’s prices, while the prices of billets ranged between 485 – 510 Dollars per tonne, while it was between 475 – 520 …
In August, this year, Japan’s iron and steel product exports amounted to 2.8 million metric tons, increasing by 0.6 per cent month on month and by 11.6 per cent year on year, according to the customs statistics released by the Japan Iron and Steel Federation (JISF). In the January-August period this year, Japanese iron and …
Japan’s steel exports up 1.2 percent in January-August Read More »
According to the prices announced in the global steel markets, scrap prices amounted to $374/ tonne, $1 down compared to last week’s prices, and iron ore prices $120/ tonne, $3 down compared to last week’s prices, while the prices of billets ranged between 475 – 520 Dollars per tonne, while it was between 475 – …
According to the daily follow-up of iron prices in Egypt, rebar prices ranged between EGP 30,500 – 34,000, EXW. The companies that did not change prices are Ezz Steel, 32,135 pounds, Suez Steel, 32,050 pounds, Beshay Steel, 34,000 pounds, Al-Maraqby Steel, 32,000 pounds, Egyptian Steel, 32,050 pounds, Al-Garhy Steel, 32,000 pounds, and El-Gyoushi Steel, 31,000 …
Latest rebar prices update in Egypt is September 26, 2023 Read More »
According to the prices announced in the global steel markets, scrap prices amounted to $375/ tonne, $2 down compared to last week’s prices, and iron ore prices $123/ tonne, $2 down compared to last week’s prices, while the prices of billets ranged between 475 – 515 Dollars per tonne, while it was between 475 – …
Steel prices in the fourth week of September 2023 Read More »
According to statistics, South Korea’s imports of rebar amounted to about 342,900 tons during the first eight months of this year, a decrease of 21% compared to the same period last year. Among these imports, imports from China accounted for the largest share at 53.7%, with an annual increase of 20.3% to about 184 thousand …
South Korea’s imports of rebar decreased from January to August 2023 Read More »
According to the daily follow-up of iron prices in Egypt, rebar prices ranged between EGP 31,500 – 34,000, EXW. The companies that did not change prices are Ezz Steel 32,135 pounds, Suez Steel 32,050 pounds, Beshay Steel 34,000 pounds, Al-Maraqby Steel 32,000 pounds, Egyptian Steel 32,050 pounds, El-Ashry Steel 32,500 pounds, El-Garhy Steel 32,000 pounds, …
Latest rebar prices update in Egypt is September 19, 2023 Read More »
The deal was concluded for $324 million to settle the debts of companies affiliated with the Beshay Group The “National Service Projects Agency” in Egypt acquired up to 24% of 3 companies affiliated with the “Beshay Steel” group in deals amounting to about EGP 10 billion ($324 million) to settle debts, according to two sources …
The National Service Authority in Egypt acquires 24% of 3 steel companies Read More »
According to the daily follow-up of iron prices in Egypt, rebar prices ranged between EGP 30,900 – 34,000, EXW. Today Steel prices are as follows: Company Price in EGP Indicator w-w Ezz Steel 32,135 Suez Steel 32,050 Beshay Steel 34,000 El Marakby Steel 32,000 Egyptian Steel 32,050 Ashry Steel 32,500 Garhy Steel 32,000 Misr Steel …
Latest rebar prices update in Egypt is September 9, 2023 Read More »
According to the prices announced in the global steel markets, scrap prices amounted to $376/ tonne, $2 up compared to last week’s prices, and iron ore prices $116/ tonne, $1 down compared to last week’s prices, while the prices of billets ranged between 475 – 510 Dollars per tonne, while it was between 465 – …
Steel prices in the second week of September 2023 Read More »
According to the daily follow-up of iron prices in Egypt, rebar prices ranged between EGP 31,500 – 34,000, EXW. Today Steel prices are as follows: Company Price in EGP Indicator w-w Ezz Steel 32,135 Suez Steel 32,050 Beshay Steel 34,000 El Marakby Steel 31,600 Egyptian Steel 32,050 Ashry Steel 33,000 Garhy Steel 32,000 Misr Steel …
Latest rebar prices update in Egypt is September 4, 2023 Read More »
Indian steel magnate Sajjan Jindal expressed his desire for the government to counter US tariffs and European carbon taxes with similar fees to level the playing field for companies like his, JSW. In an interview in New Delhi, Jindal referred to the expectations of the main company, JSW Steel, and confirmed a report issued by …
India’s Jindal seeks to impose duties on steel imports Read More »
According to the prices announced in the global steel markets, scrap prices amounted to $374/ tonne, unchanged from last week’s prices, and iron ore prices $117/ tonne, $1 up compared to last week’s prices, while the prices of billets ranged between 465 – 505 Dollars per tonne, while it was between 460 – 500 dollars …
Steel prices in the first week of September 2023 Read More »
Ezz Steel Group announced the flat steel prices for August, unchanged for the seventh month in a row, at 34,485 EGP per tonne, EXW, including value-added tax. Statement including VAT Flat Steel 34,485
According to the daily follow-up of iron prices in Egypt, rebar prices ranged between EGP 32,050 – 34,000, EXW. The companies that did not change the prices are Ezz Steel EGP 32,135, Suez Steel EGP 32,050, and Egyptian Steel EGP 32,050 The companies that raised prices are Beshay Steel from EGP 33,000 to EGP 34,000, …
Latest rebar prices update in Egypt is August 29, 2023 Read More »
According to the prices announced in the global steel markets, scrap prices amounted to $374/ tonne, $1 down compared to last week’s prices, and iron ore prices $116/ tonne, $7 up compared to last week’s prices, while the prices of billets ranged between 460 – 500 Dollars per tonne, while it was between 55 – …
In recent years, Algeria has transformed from an importer of iron and steel – especially reinforcing steel – into an exporter thanks to two factories, one of which is the result of a partnership between the Algerian government Cedar Group with a share of 46% and the “Qatar Steel International” company affiliated with Qatar Mining …
Algerian Qatari Steel Company is a model of successful Arab partnerships Read More »
According to the daily follow-up of iron prices in Egypt, rebar prices ranged between EGP 31,500 – 33,000, EXW. The companies that did not change the prices are Ezz Steel EGP 32,135, Suez Steel EGP 32,050, Beshay Steel EGP 33,000, El Marakby Steel EGP 31,500, Egyptian Steel EGP 32,050, Ashry Steel EGP 32,000 and Garhy …
Latest rebar prices update in Egypt is August 22, 2023 Read More »
The Algerian Qatari Steel Company was able to obtain a certificate of conformity of quality for reinforcing steel from the State of Poland after completing all audit procedures on the company’s production operations, and confirming the quality tests that our products were subjected to, which were in conformity with the marketing specifications in force in …