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Finished Products

Egyptian Iron and Steel Company sees 42% lower net losses in FY19/20

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The adjusted financial statements of the Egyptian Iron and Steel (Hadisolb) showed a 41.88% year-on-year (YoY) decline in its net losses to EGP 887.37 million in fiscal year 2019/2020, compared to EGP 1.52 billion in the previous fiscal year. he adjusted financial statements of the Egyptian Iron and Steel (Hadisolb) showed a 41.88% year-on-year (YoY) …

Egyptian Iron and Steel Company sees 42% lower net losses in FY19/20 Read More »

Emirates Steel a Key Partner in the Delivery of the UAE Peaceful Nuclear Energy Programme

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Emirates Steel worked with ENEC for the ten-year construction period of the Barakah Nuclear Energy Plant. Emirates Steel has proudly announced its contribution to the national achievement of constructing the Barakah Nuclear Energy Plant, the first peaceful nuclear plant in the Arab World. Emirates Steel, the leading integrated steel plant in the UAE, has proudly …

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The European Commission has announced the beginning of an expiry review of the antidumping measures

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in force on imports of stainless steel cold rolled flat products originating from China and Taiwan. The European Steel Association (EUROFER), which represents more than 25% of the total EU production of stainless steel cold rolled flat products, lodged a request for the review on May 27 this year. The product subject to this review …

The European Commission has announced the beginning of an expiry review of the antidumping measures Read More »

Russian steel demand showing signs of recovery as COVID-19 restrictions ease

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Russian steel demand is gradually returning as COVID-19 related restrictions ease and construction activity revives.  According to Sberbank, the first three weeks of August saw Russian consumers’ expenses restored to the level they were at a year earlier, and Russia’s PMI, which had collapsed to 34% in April-May, recovered to 49% in June-July. Worldsteel figures …

Russian steel demand showing signs of recovery as COVID-19 restrictions ease Read More »

TBK Automatisierung und Messtechnik is scoring points on competency in laser measurement technology

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TBK Automatisierung und Messtechnik GmbH is one of the new members within the SMS family. The company head­quartered in Graz, Austria, is proud to be the competence centre of the SMS group for laser measurement devices. TBK was founded in 1986 as a technical office by Heinz Kotzmuth. Very soon, the company focused on developing …

TBK Automatisierung und Messtechnik is scoring points on competency in laser measurement technology Read More »

Ezz Steel’s loss narrows to EGP 860m in Q1-20 initial results

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The unaudited consolidated financial results of Ezz Steel showed a 20% year-on-year (YoY) drop in its net losses to EGP 860 million during the first quarter (Q1) of 2020 from EGP 1.08 billion, including minority shareholders’ rights. The company’s net losses after taxes amounted to EGP 1.35 billion in Q1-20, up from EGP 1.27 billion …

Ezz Steel’s loss narrows to EGP 860m in Q1-20 initial results Read More »

TOSYALI ALGERIE

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Algeria TOSYALI ALGERIE Capacity 2019 – 1000 tons COMPANY Iron Ore DRI EAF steel Semi-finished products  Long products TOSYALI ALGERIE 4000 2500.000 3500 3500 3200

HADID HAMA

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Syria HADID HAMA Capacity 2019 – 1000 tons COMPANY EAF steel Semi-finished products  Long products HADID HAMA 300 300 110  

UNICOIL

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Saudi Arabia UNICOIL Capacity 2019 – 1000 tons COMPANY CR flats Galv-Steel Pre-painted UNICOIL 340 250 210

RAJHI STEEL

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Saudi Arabia RAJHI STEEL Capacity 2019 – 1000 tons COMPANY EAF steel Semi-finished products  Long products RAJHI STEEL 1000 850 1850  

Exemptions in Egypt import duty could support Turkish flats exports

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Platts Steel  said that the Egyptian government’s decision to exempt the industries used for flat steel from the development fee of 10% on imports of final steel products that it supports, in particular, Turkish exports of steel plate to Egypt, which witnessed a significant increase this year according to local sources in Turkey. Platts Steel  …

Exemptions in Egypt import duty could support Turkish flats exports Read More »

Saudi Arabia :  Steel, the highest rise in construction materials prices in H1 2020

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The average prices of construction materials in Saudi Arabia recorded varying heights in the first half of 2020, as the rise rates ranged between 0.2% to 4.2%. According to the monitoring unit of the reports in the “Al-Iqtisadiya” newspaper, which was based on official data, “Steel” came the most expensive construction commodity, as its average …

Saudi Arabia :  Steel, the highest rise in construction materials prices in H1 2020 Read More »

China’s June steel exports at 8-y low, imports 10-y high

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China’s steel exports in June reached an eight-year low of 3.7 million tonnes while the country’s steel imports topped 1.9 million tonnes to hit a ten-year high, according to the latest statistics from China’s General Administration of Customs published on July 14. Meanwhile, China’s steel imports in June were 46.8% higher month-on-month and higher by …

China’s June steel exports at 8-y low, imports 10-y high Read More »

UAE flat product market faces challenges no less than long steel business

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Steel industry in the UAE as well as in other countries worldwide has been affected negatively by the COVID‑19 outbreak. Moreover, most of UAE’s big projects have passed the active consuming period, which led to low construction activity. According to the latest made-public figures by BNC Network, the total value of given projects plummeted by …

UAE flat product market faces challenges no less than long steel business Read More »

SOLB STEEL

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Saudi Arabia SOLB STEEL Capacity 2017 – 1000 tons PLANS EAF steel semi-finished products long products SOLB STEEL 1000 1000 1000 Capacity 2018 – 1000 tons PLANS EAF Steel Semi-Finished  Long Products SOLB STEEL 1000 1000 1100 Capacity 2019 – 1000 tons PLANS EAF steel semi-finished products long products SOLB STEEL 1000 1000 1100

SUEZ STEEL

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EGYPT SUEZ STEEL Capacity 2017 – 1000 tons PLANS DRI EAF steel Semi-finished products  Long products SUEZ STEEL 1800 2400 2400 800 Capacity 2018 – 1000 tons COMPANY Long Products Semi-Finished  EAF Steel DRI SUEZ STEEL 800+1400 2400 2400 1950  

MAGHREB STEEL

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MOROCCO MAGHREB STEEL Capacity 2017 – 1000 tons PLANS semi-finished products slabs. HRC & sheets,plates CR flats  coated products MAGHREB STEEL 1000 1500 400 230 Capacity 2018 – 1000 tons COMPANY  Coated Products CRC HRC Semi-Finished  EAF steel MAGHREB STEEL 280 400 1200 1000 1000  

Qatar Steel

Products / By

QATAR STEEL Capacity 2017 – 1000 tons PLANS DRI EAF steel semi-finished products long products QATAR STEEL 1900 2265 2265 1400 Capacity 2018 – 1000 tons COMPANY Long Products Semi-Finished  EAF Steel DRI QATAR STEEL 1850 2265 2675 2513 Capacity 2019 – 1000 tons COMPANY Long Products Semi-Finished  EAF Steel DRI QATAR STEEL 1850 2265 …

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EL FOULADH

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Tunisia EL FOULADH Capacity 2017 – 1000 tons PLANS EAF steel semi-finished products long products EL FOULADH, SOCIETE TUNESIENNE DE SIDERURGIE 200 200 250 Capacity 2018 – 1000 tons COMPANY Long Products Semi-Finished EAF steel EL FOULADH 250 200 200 Capacity 2019 – 1000 tons COMPANY Long Products Semi-Finished EAF steel EL FOULADH 250 200 …

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