Sulb in the Kingdom of Bahrain announced that it achieved the highest annual sales of steel products from the medium and heavy sectors, as its sales exceeded more than one million tonnes in 2022. Sulb was also able to register a new production record of 12.875 million tonnes, which is the highest in its history. …
Sulb achieved sales of more than one million tonnes of steel sectors in 2022 Read More »
Kevin Dempsey, president and CEO of the American Iron and Steel Institute (AISI), commends the steel members of Congress who sent a support letter to President Joe Biden to maintain tariffs on foreign steel imports. “We are elated and grateful that so many members of Congress have stood up for the American steel industry and …
According to the daily follow-up of rebar prices in Egypt, the prices of rebar ranged between 25,800 pounds – 28,500 pounds today. rebar prices today are as follows: Company EGP/ton Ezz Steel 26,985 Suez Steel 26,850 Beshay Steel 28,500 El-Marakiby Steel 27,000 Egyptian Steel 26,850 Ashry Steel 26,500 Garhy Steel 27,000 Misr Steel 26,000 El …
The last update of rebar prices in Egypt is February 27, 2023 Read More »
According to the provisional foreign trade statistics, Turkey’s foreign trade deficit in January this year increased by 38.4% to $14.24 billion compared to January 2022. In January, Turkey’s iron and steel exports ranked tenth among the country’s products with the highest export value, totalling $661.40 million, a decrease of 45.0% year-on-year. Turkey’s imports of iron …
Turkey’s steel exports and imports decreased in January 2023 Read More »
According to the prices of the global steel markets, the scrap price reached 452$/tonne, the iron ore price was 127$/tonne, the prices of billets ranged between 580 and 620$/tonne, and rebar prices ranged between 750 and 780$ / tonne.
The Australian Anti-Dumping Commission announced that it had completed an investigation, which began on 28 March 2022, into whether the imposition of anti-dumping duties on rebar imports from Greece, Spain, Indonesia, Taiwan and Thailand was justified. Accordingly, the committee decided to continue anti-dumping duties on rebar from the concerned countries except for Thailand, which will …
Australia continues to impose dumping duties on rebar from four countries Read More »
The Moroccan Ministry of Industry and Trade issued a final decision imposing dumping duties on imports of galvanized wire from Turkey with a thickness of 0.85 mm based on a request dated January 26, 2022, from Somatref, Sicoterm, Galvafil, and Sodefer on behalf of the galvanized wire producers, and the investigation was closed on February …
Morocco imposes duties of 21%-61% on galvanized steel wire from Turkey Read More »
The European Commission (EC) has abolished anti-dumping duties on hot-rolled flat steel exports from Ukraine. After the European Steel Union (EUROFER) requested in this regard as the EU industry is unlikely to be affected by these imports, given the current state of the Ukrainian steel industry. The set of anti-dumping tariffs on hot-rolled flat steel …
European Union abolishes anti-dumping duties on flat steel imports from Ukraine Read More »
According to the daily follow-up of rebar prices in Egypt, the prices of rebar ranged between 24,600 pounds – 28,500 pounds today. rebar prices today are as follows: Company EGP/ton Ezz Steel 26,985 Suez Steel 26,850 Beshay Steel 28,500 El-Marakiby Steel 27,000 Egyptian Steel 26,850 Ashry Steel 26,500 Garhy Steel 27,000 Misr Steel 26,000 El …
The last update of rebar prices in Egypt is February 20, 2023 Read More »
Turkey’s flat steel exports fell below 2 million tonnes for the first time since 2016 despite a significant expansion of cooperation with North African and Middle Eastern countries. Turkey’s flat steel (sheets and coils) exports amounted to about 1.77 million tonnes, down 31.4% year-on-year, according to the Turkish Statistical Institute (TUIK). Meanwhile, Turkey boosted its …
According to the prices of the global steel markets, the scrap price reached 422$/tonne, the iron ore price was 127$/tonne, the prices of billets ranged between 564 and 610$/tonne, and rebar prices ranged between 710 and 710$ / tonne.
According to the General Authority for Statistics, the average iron price per tonne in the Kingdom of Saudi Arabia in January 2023 ranged between 3063.65 – 4284.07 Saudi riyals, a decrease between -0.26% – 1.65% compared to December 2022, and a decline between -0.4% – 12.38% compared to January 2022. Average prices and monthly and …
Average rebar prices in the Kingdom of Saudi Arabia during January Read More »
In 2022, China’s imports of finished steel products will decline by 25.9% compared to 2021, reaching 10.57 million tons, the lowest level since 1993. He Wenbo, CEO of China Iron and Steel Association (CISA), said. Steel imports to China declined due to a significant increase in the cost of products on the back of rising …
China’s imports of finished steel products fell to a 30-year low Read More »
ArcelorMittal, Europe’s largest steel producer, raised prices for hot-rolled coil (HRC) to 820 EUR/t and galvanized (HDG) flats to 940 EUR/t. The new offers are €40/t higher than the company’s latest official offers of €780/t for hot-rolled coil (HRC) and €900/t for (HDG) galvanized flats. The new offers come after some buyers were accepted last …
ArcelorMittal raises flat steel prices to 820 EUR/tonne Read More »
The UK’s Trade Remedies Authority (TRA) announced that it had expanded its tariff quota review (TQR) to all steel from more than 120 developing countries. The review, which covers the period from January 1, 2022, to December 31, 2022, addresses whether exceptions to imports from developing countries need to be revised for all types of …
UK is reviewing tariffs and quotas for all types of steel for developing countries Read More »
According to the daily follow-up of rebar prices in Egypt, the prices of rebar ranged between 25,200 pounds – 28,500 pounds today. rebar prices today are as follows: Company EGP/ton Ezz Steel 26,985 Suez Steel 26,850 Beshay Steel 28,500 El-Marakiby Steel 27,000 Egyptian Steel 26,850 Ashry Steel 26,500 Garhy Steel 27,000 Misr Steel 26,000 El …
The last update of rebar prices in Egypt is February 13, 2023 Read More »
Qatar Steel achieved a net profit of QR 888 million in 2022, an increase of 24% compared to last year. The profit improvement was mainly driven by higher revenues, which increased by 10% compared to 2021. In addition, Foulath Holding Company, an associate company that mainly produces and sells iron oxide pellets, reported commendable financial …
Qatar Steel achieved a profit of 888 million Qatari riyals in 2022 Read More »
According to the prices of the global steel markets, the scrap price reached 427$/tonne, the iron ore price was 125$/tonne, the prices of billets ranged between 540 and 595$/tonne, and rebar prices ranged between 710 and 710$ / tonne.
Qatar Steel Company has successfully received Qatar Sustainable Construction Materials Certification (Qatar Sustainability Label – Certificate of Registration (CoR)) with a “Good” rating from CARES and Earthna (Member of Qatar Foundation) after the desktop review audit by fulfilling the certification scheme requirements. Qatar Steel is the first approved company in its sector to achieve this …
The prices of rebar in Jordan have stabilized during the current month of February, without any change from the prices of January, as the selling price of a ton of rebar , grade 60, ranges between 470 and 485 dinars per tonnes, with sales tax and tax between 546 and about 585 dinars per tonnes. …
The Libyan Iron and Steel Company continues to expand its presence in the global market by announcing the export of 17,500 tonnes of rebar to Albania on “Lady Divina”. It is the first of the shipments that the company announced earlier, as it announced an agreement between the company’s external marketing department and several foreign …
Libyan Iron and Steel Company exports 17,500 tonnes of rebar to Albania Read More »
According to preliminary statistics data released by the US Department of Commerce, the total US rebar imports reached 63,030 tonnes in December 2022, up by 10% from November and up by 5.4% from December 2021. In terms of value, total reinforcing steel imports amounted to $52.6 million in December 2022, compared to $49.8 million in …
Algeria tops the countries exporting rebar to the United States in December Read More »
According to the daily follow-up of rebar prices in Egypt, the prices of rebar ranged between 25,500 pounds – 28,500 pounds today. rebar prices today are as follows: Company EGP/ton Ezz Steel 26,985 Suez Steel 26,850 Beshay Steel 28,500 El-Marakiby Steel 27,000 Egyptian Steel 26,850 Ashry Steel 26,500 Garhy Steel 27,000 Misr Steel 26,500 El …
The last update of rebar prices in Egypt is February 6, 2023 Read More »
According to the prices of the global steel markets, the scrap price reached 430$/tonne, the iron ore price was 126$/tonne, the prices of billets ranged between 543 and 600$/tonne, and rebar prices ranged between 715 and 720$ / tonne.
Korea’s YK Steel has commissioned SMS group to supply it with a new integrated small smelting and rolling mill plant, including all electrical and technical systems, instead of relocating and upgrading an existing plant, initially planned for the end of 2021. This means that it will take advantage of the latest technologies being delivered and …
Ezz Steel announced the prices of flat steel as of Wednesday, February 1, 2023 . 29,335 EGY/tonne EXW, including value-added tax. Statement including VAT Flat Steel 29,335
According to the daily follow-up of rebar prices in Egypt, the prices of rebar ranged between 26,000 pounds – 28,500 pounds today. rebar prices today are as follows: Company EGP/ton Ezz Steel 26,985 Suez Steel 26,850 Beshay Steel 28,500 El-Marakiby Steel 27,000 Egyptian Steel 26,850 Ashry Steel 26,500 Garhy Steel 27,000 Misr Steel 26,700 El …
According to the provisional foreign trade statistics and the Turkish Statistical Institute (TUIK), Turkey’s foreign trade deficit in December last year increased by 42.0% to $9.70 billion compared to December 2021. In December, Turkey’s iron and steel exports ranked ninth among the country’s products with the highest export value, with total exports reaching $800.09 million, …
Turkey’s steel exports decreased by 14.3% in 2022 Read More »
In 2022, steel exports decreased by 17.7% year-on-year to 19.6 million tonnes, and production decreased by 12.9% year-on-year to 35.1 million tonnes. In the first six months of 2022, Turkey’s steel exports showed an upward trend. However, at the end of last year, it fell due to the impact of the war in Ukraine, inflation, …
Turkey’s steel exports decrease by 17.7% in 2022 Read More »
According to the prices of the global steel markets, the scrap price reached 418$/tonne, the iron ore price was 126$/tonne, the prices of billets ranged between 540 and 600$/tonne, and rebar prices ranged between 690 and 700$ / tonne.