According to the prices of the global steel markets, the scrap price reached 535$/tonne , Iron ore price was 139$/tonne , while the prices of billets ranged between 680 and 730$/tonne, and the prices of rebar ranged between 880 and 900$ / tonne. Prices for iron and steel products in Russia and Ukraine were not …
Maintenance work for some units in the hot zone is scheduled from May 2 to 16 at the Sider El Hadjar steel complex in Annaba, General Management announced on April 28, 2022, in a press release. According to the same source, the units concerned by the maintenance operation are those relating to the preparation of …
Sider El-Hadjar complex: maintenance work on hot zone units Read More »
According to the provisional foreign trade statistics compiled by the Turkish Statistical Institute (TUIK), in March this year Turkey’s foreign trade deficit increased by 75.1% to $8.17 billion compared to March 2021. In the January-March period this year, Turkey’s foreign trade deficit rose by 138.5% year on year to $26.40 billion. In March, Turkey’s iron …
Turkey’s steel export value up 49.9% in Jan-Mar 2022 Read More »
According to the prices of the global steel markets, the scrap price reached 550$/tonne , Iron ore price was 146$/tonne , while the prices of billets ranged between 680 and 720$/tonne, and the prices of rebar ranged between 880 and 900$ / tonne. Prices for iron and steel products in Russia and Ukraine were not …
In the first quarter of 2022, Qatar Steel resumed its second DRI facility (1.5 million tonnes) against the first facility (0.8 million tonnes), which operated until 2021. As a result, the production volume of all-steel value chain segments (DRI/HBI, billet, and long steel) improved by 20% year-over-year and 33% compared to the fourth quarter of …
Ahmed El-Zeini, head of the Building Materials Division, announced that some iron companies started reducing prices, as Ezz Steel reduced the iron prices of a tonne by about 830 pounds for the May prices 2022 so that the price of a tonne of Ezz Steel reaches 19170 pounds, delivery to the factory land includes value-added …
Building Materials Chamber: Rebar prices fell 830 pounds in the Egyptian market Read More »
According to the prices of the global steel markets, the scrap price reached 620$/tonne , Iron ore price was 150$/tonne , while the prices of billets ranged between 700 and 770 $/tonne, and the prices of rebar ranged between 920 and 950$ / tonne. Prices for iron and steel products in Russia and Ukraine were …
According to the figures released by the Turkish Statistical Institute (TUIK), in March this year, Turkish producers’ foreign sales price index (PPI)* in general increased by 7.29 per cent compared to February and was up by 105.82 per cent year on year, while an average rise of 59.47 per cent was registered for the last …
Turkish metal producers’ foreign sales prices up 9.71% in March from February Read More »
Ukraine’s ArcelorMittal Kryvyi Rih has announced that the mill is looking for new plans for steel export and coal import from Kazakhstan and Poland. Kazakhstan can meet 30% of ArcelorMittal Kryvyi Rih coke demand as the company plans to import from Kazakhstan instead of Russia. The company is also communicating with Poland to build infrastructures …
Ukraine’s ArcelorMittal Kryvyi Rih seeks new export route Read More »
According to the General Authority for Statistics, the average price of rebar in the Kingdom of Saudi Arabia increased in March 2022 to 3747.95 riyals, up by 4.3% compared to the price of February 2022, which amounted to 3591.70 riyals, and up by 7.9% compared to March 2021, which amounted to 3473.7 riyals. As for …
Higher prices for global and domestic steel products in Turkey contributed to a significant increase in its flat steel products (HRC) exports in February, which rose by 43.5% year-on-year to 108,987 tons, according to the Turkish Statistical Institute (TUIK). North Africa topped the list of HRC buyers with a 40% share in February, with bookings …
According to the prices of the global steel markets, the scrap price reached 637$/tonne , Iron ore price was 155$/tonne , while the prices of billets ranged between 720 and 740$/tonne, and the prices of rebar ranged between 950 and 980 $ / tonne. Prices for iron and steel products in Russia and Ukraine were …
The British Foreign Office said in a statement that “Britain is banning the import of iron and steel from Russia from 14 April.” “From tomorrow, we will ban the import of Russian iron and steel, as well as the export of quantitative technologies and advanced materials that Putin desperately needs,” said Minister Liz Truss. It …
Tosyali Steel Complex, based in Bethioua, Oran, aspires to reach 1 billion dollars in revenue this year against 700 million dollars made last year, agency APS reports this April 09 2022. During the first quarter of the current year, the Complex reaped revenues of around 320 million dollars, thanks to the export of 335,000 tonnes …
Tosyali Algeria: reach $1 billion in revenue by 2022 Read More »
In February this year, Turkey’s rebar exports amounted to 551,822 metric tons, up 10.6 percent compared to January and decreasing by 1.7 percent year on year, according to the preliminary data provided by the Turkish Statistical Institute (TUIK). Meanwhile, the revenue generated by these exports totaled $386.9 million, increasing by 9.6 percent compared to January …
Value of Turkey’s exports of rebar increased by 39.6% in January-February Read More »
According to export data from the US Department of Commerce, monthly steel exports in February 2022 increased 5.1% from January to total 659,436 mt. A year-on-year comparison shows a 7.3 % increase. In terms of value, US steel exports in February totaled $1.19 billion, compared to $1.15 billion in January and $829.2 million in February …
According to the prices of the global steel markets, the scrap price reached 653$/tonne , Iron ore price was 154$/tonne , while the prices of billets ranged between 785 and 900$/tonne, and the prices of rebar ranged between 965 and 995$ / tonne. Prices for iron and steel products in Russia and Ukraine were not …
The conflict between Russia and Ukraine, which are exporters of steel products, will have a huge impact on global steel demand and trade if it lasts for a long time, the head of a Japanese steel industry group said. “Even before the Ukraine crisis, we had faced three risk factors to dent steel demand — …
Japan steel group : Russia-Ukraine conflict to have huge impact on global steel demand Read More »
According to the prices of the global steel markets, the scrap price reached 653$/tonne , Iron ore price was 160$/tonne , while the prices of billets ranged between 800 and 900$/tonne, and the prices of rebar ranged between 950 and 970$ / tonne. Prices for iron and steel products in Russia and Ukraine were not …
Today, Friday 01-04-2022, rebar prices witnessed a rise in the Egyptian construction market, where the market is currently witnessing instability in the price of the dollar against the pound, in addition to the continuation of the Russian-Ukrainian war and its effects on the local market, and the price of a ton of rebar in Egypt …
In February this year Turkey’s foreign trade deficit increased by 135.5% to $7.88 billion compared to February 2021,according to the provisional foreign trade statistics compiled by the Turkish Statistical Institute (TUIK). In the January-February period this year, Turkey’s foreign trade deficit rose by 183.3% year on year to $18.15 billion. In February, Turkey’s iron and …
Turkey’s steel export value up 52.5% in Jan-Feb 2022 Read More »
In March this year, the purchasing managers index (PMI) for the Chinese steel sector was at 44.3%, down 3.0 percentage points compared to February, as announced by the China Steel Logistics Committee (CSLC), which is part of the China Federation of Logistics and Purchasing (CFLP). In March, the production index for the Chinese steel sector …
China’s steel sector PMI declines in March amid spread of Covid-19 Read More »
In February this year the value of Turkey’s iron and steel imports increased by 46.1% year on year, totaling $2.67 billion,According to the provisional foreign trade statistics compiled by the Turkish Statistical Institute (TUIK). In the given month, iron and steel ranked in second place among the most imported products of the country in terms …
Turkey’s steel import value up 53.5% in January-February 2022 Read More »
The Libyan Iron and Steel Company explained the reasons it relied on recently to raise the prices of its products by 20%, pointing out that it relies in its production operations on many inputs that are imported from abroad, including iron pellets, steel billets, tiles, refractory materials, and additive operating materials, spare parts and more. …
Libyan Iron and Steel Company explains the reasons for raising iron prices Read More »
Emirates Steel Arkan Group announced today a 20% increase in the domestic rebar prices to become AED 3,125 per tonne, effective 1 April 2022, compared to AED 2,590 per tonne in March. The increase comes on the back of a surge in the international raw materials prices resulting from the on-going repercussions of the Russian-Ukrainian …
Emirates Steel Arkan Group announces rebar price for April 2022 Read More »
According to the prices of the global steel markets, the scrap price reached 655$/tonne , Iron ore price was 151$/tonne , while the prices of billets ranged between 810 and 910$/tonne, and the prices of rebar ranged between 950 and 970$ / tonne. Prices for iron and steel products in Russia and Ukraine were not …
The Ministry of Trade and Industry in the State of Kuwait announced the prices of building materials, as follows: Imported Rebar Size Origin Unit Kuwaiti Dinar 8 mm Kuwait Ton 295 10 mm Kuwait Ton 295 12 mm Kuwait Ton 295 14 mm Kuwait Ton 295 16 mm Kuwait Ton 295 Domestic Rebar Size Origin …
The United States and Britain ended a four-year dispute over U.S. steel and aluminum tariffs on Tuesday, pledging to work together to counter China in a deal that also removes retaliatory tariffs from other products. In a joint statement, U.S. Commerce Secretary Gina Raimondo and U.S. Trade Representative Katherine Tai said the deal would protect …
New U.S.-U.K. trade deal cuts tariffs on British steel Read More »
According to the General Authority for Statistics, the average price of rebar in the Kingdom of Saudi Arabia increased in February 2020 to 3591.70 riyals, up by 12 riyals compared to the price of January 2022, which amounted to 3579.34 riyals, and up by 118 compared to February 2021, which amounted to 3473.7 riyals. As …
Average prices of steel and cement in Saudi Arabia in February 2022 Read More »
According to final census data from the US Department of Commerce, US imports of wire rod totaled 130,152 mt in January 2022, up 32.3% from December and up 178.9% from January 2021 levels. By value, wire rod imports totaled $128.7 million in January 2022, compared to $94.9 million in December and $36.3 million in January …