Emirates Steel, a subsidiary of EMSTEEL Group, has announced that rebar prices for October production will remain unchanged. The company kept the rebar price at AED 2,590 (USD 705) ex-works. The above prices do not include the 5% VAT. Headquartered in Abu Dhabi, Emirates Steel has an annual production capacity of 3.5 million tons of …
Emirates Steel Maintains Rebar Prices for October 2025 Read More »
Steel prices in Egypt witnessed mixed movements today, with some companies maintaining stability while others recorded increases or declines. Ezz Steel remained stable at EGP 38,200 per ton, while Suez Steel also held steady at EGP 37,900 per ton. On the other hand, several companies lowered their prices. Beshay Steel dropped to EGP 37,000, down …
Global steel markets witnessed mixed price movements during the third week of September 2025. Australian iron ore (62% CFR China) increased by USD 1 to reach USD 106 per ton, while cold-rolled flat steel coils (1 mm, FOB China) rose by USD 3, ranging between USD 550–560 per ton. On the other hand, scrap (HS1&2 …
Steel prices in the third week of September 2025 Read More »
According to Chinese customs data, China’s exports of steel rebar jumped by 52.2% year on year in the January–August 2025 period, reaching 12.25 million mt. Wire rod exports also increased by 12.1% to 1.95 million mt, while exports of steel angles and channels rose by 39.2% to 5.03 million mt. In August alone, China exported …
China’s Steel rebar Exports Surge in January–August 2025 Read More »
Preliminary data from the US Department of Commerce showed that steel imports into the United States in July 2025 totaled 2,034,212 metric tons, marking a 9.8% decline compared to June and a 6.9% drop year on year. In terms of value, imports reached $2.19 billion, compared to $2.13 billion in June and $2.72 billion in …
From January to August 2025, Ukrainian steelmakers reduced their flat rolled steel exports by 1.5% compared to the same period in 2024, reaching around 1.1 million tons, according to State Customs Service data analyzed by GMK Center. More than 80% of these exports consisted of hot-rolled flat products (HS code 7208), totaling 911.94 thousand tons, …
Ukraine’s Flat Steel Exports Exceed 1.1 Million Tons in January – August 2025 Read More »
Rebar prices in Egypt witnessed a notable rise today across most factories, with several producers recording sharp increases in their per-ton prices, while others maintained stability. Ezz Steel maintained its price at EGP 38,200 per ton with no change from previous days, while Suez Steel dropped by EGP 200 to record EGP 37,900 per ton. …
Dr. Hassan El-Khatib, Egypt’s Minister of Investment and Foreign Trade, issued Decree No. 400 of 2025 imposing temporary safeguard measures on imports of hot-rolled flat steel products, whether in sheet or coil form. The duty will be applied for a period of 200 days, starting September 14, 2025. According to Article 1 of the decree, …
Egypt Imposes Temporary Safeguard Duties of 13.6% on Hot-Rolled Steel Imports Read More »
In the second week of September 2025, global iron and steel markets witnessed mixed price movements, with most products remaining stable while some recorded slight increases and others a limited decline. The price of steel scrap (HS1&2 mix 80:20) imported by Turkey from the USA fell by USD 5 to settle at USD 338/ton CFR. …
Steel prices in the second week of September 2025 Read More »
According to the Economic and Steel Market Outlook 2025–2026 / Q3 2025 report issued by the Economic Committee of the European Steel Association (Eurofer), the EU’s steel exports to external markets fell by 12% year-on-year in the second quarter of 2025, following a modest 1% increase in the first quarter. Exports of finished and flat …
Eurofer: EU Trade Deficit in Finished Steel Widens in Q2 2025 Read More »
Eng. Ahmed Ezz – Chairman and Founder of Ezz Steel – told the Financial Times that the company recognizes the significant challenges facing the European steel industry, including high energy costs, global production surpluses, and structural pressures. His remarks were featured in the newspaper’s report published on September 7 under the headline: “European steelmakers urge …
Eng. Ahmed Ezz to the Financial Times: EU-wide steel tariffs punish compliant suppliers Read More »
The Egyptian government is studying the introduction of temporary safeguard duties of 13.6% on hot-rolled steel imports for a period of 200 days, according to an official document reviewed by Asharq. The document indicates that the measure comes after the local industry suffered severe damage due to a sharp and unexpected surge in imports, which …
Egypt Considers Imposing Safeguard Duties on Rolled Steel Imports for 200 Days Read More »
Recently, steel prices in the Egyptian market have witnessed a state of relative stability, with some variation among the producing companies. Ezz Steel recorded 38,200 EGP per ton, while Suez Steel was priced at 38,100 EGP, Beshay Steel at 37,500 EGP, and Egyptian Steel at 38,000 EGP per ton, all without change. On the other …
China’s finished steel exports reached 77.49 million tons from January to August 2025, marking a 10% year-on-year increase, according to the latest data released by the General Administration of Customs of China. In August alone, finished steel exports totaled 9.51 million tons, down 3.3% month-on-month but up slightly by 0.1% year-on-year. Meanwhile, China’s finished steel …
China’s Steel Exports Rise 10% in the First Eight Months of 2025 Read More »
Global steel markets witnessed mixed price movements by the end of the first week of September 2025, with some products recording notable declines, while others remained stable. Scrap (HS1&2 mix 80:20) imported by Turkey from the USA fell by $2, reaching $343/ton CFR. Meanwhile, iron ore (62%) Australia – CFR rose by $1, standing at …
Steel Products Prices in Global Markets in the First Week of September 2025 Read More »
On September 4, 2025, the Canada Border Services Agency (CBSA) issued a preliminary anti-dumping ruling on certain carbon and alloy steel wire imports originating in or exported from ten countries: China, Taiwan, India, Italy, Malaysia, Portugal, Spain, Thailand, Turkey, and Vietnam. The decision followed a complaint filed by Sivaco Wire Group 2004 L.P. and ArcelorMittal …
Canada Imposes Provisional Anti-Dumping Duties on Steel Wire Imports from Ten Countries Read More »
In July 2025, exports reached 50,673 tons, marking a 55.8% decline compared to June, but a 15.1% increase year-on-year, according to preliminary data released by the Turkish Statistical Institute (TUIK). In terms of value, export revenues in July stood at $29.55 million, down 54% from the previous month, but up 10% compared to the same …
Turkey’s wire rod exports rise by 1.2% between January and July 2025 Read More »
Chinese company CSCEC Steel Structure, a global leader in the steel structures sector, has expanded its international footprint by entering the Moroccan market for the first time. This expansion follows its success in securing strategic contracts for key infrastructure projects, particularly in highways and the high-speed rail line connecting Kenitra and Marrakech. According to a …
Chinese Steel Structure Giant Enters Morocco Through Major Infrastructure Projects Read More »
EMSTEEL supplied 5000 tons of high-quality U-type sheet piles for Egypt’s new landmark, the Floating Movable Bridge across the Suez Canal. Designed to enhance connectivity between the East and West banks without disrupting maritime traffic, the bridge marks a new chapter in infrastructure along one of the world’s most strategic waterways. EMSTEEL’s materials form the …
Japan’s exports of iron and steel products fell by 3.8% in the January–July 2025 period, totaling 17.89 million mt, compared with the same period last year, according to data from the Japan Iron and Steel Federation (JISF). In July alone, Japan exported 2.63 million mt of steel products, up 4.4% month-on-month, but down 9.2% year-on-year. …
Japan’s Steel Exports Decline in January–July 2025 Read More »
Baoshan Iron & Steel Co. (Baosteel) is in discussions with several potential partners to explore new steel investment opportunities, with a particular focus on Asia, the Middle East, and North Africa. In a statement published on its WeChat account during the announcement of its first-half results, attended by Chairman Zou Jixin and senior executives, the …
China’s Baosteel Explores Expansion Opportunities in the Middle East Read More »
Rebar prices in the Egyptian market remained stable at the beginning of September 2025, ranging between EGP 31,500 and EGP 38,200 per ton, with no significant week-on-week changes recorded. Ezz Steel topped the market at EGP 38,200 per ton, followed by Suez Steel at EGP 38,100, and Egyptian Steel at EGP 38,000. Meanwhile, Beshay Steel …
Ezz Steel announced that prices will remain unchanged as of September 1, 2025, for the twelfth consecutive month, at EGP 38,200 ex-works, inclusive of value-added tax (VAT). Statement including VAT Rebar 38,200 EGP 1 USD = 48.55 EGP
Global steel markets witnessed mixed trends in prices during the final week of August 2025, with some products recording notable increases while others remained stable or declined slightly. Scrap (HS1&2 mix 80:20) imported to Turkey from the USA fell to $345/ton CFR, down $3 compared to the previous week. In contrast, iron ore (62% Fe) …
Fluctuations in Global Steel Prices at the End of August 2025 Read More »
Rebar prices in Egypt recorded relative stability, ranging between EGP 31,500 and EGP 38,200 per ton, according to the data announced by companies. The prices were as follows: Ezz Steel at EGP 38,200 per ton, followed by Suez Steel at EGP 38,100, then Egyptian Steel at EGP 38,000, while Beshay Steel stood at EGP 37,500, …
Stability in Egypt’s Rebar Prices with Slight Declines for Some Companies Read More »
Emsteel Group has announced the delivery of its first shipment of rebar produced using green hydrogen to Aldar Properties, to be used in the construction of the first net-zero emissions mosque in Abu Dhabi, as part of the Sustainable City project on Yas Island. This milestone represents a pioneering achievement in the region, as Aldar …
‘EMSTEEL’ delivers first hydrogen-based rebar to ‘Aldar’ Read More »
Emirates Steel, a subsidiary of Emsteel Group, has announced an adjustment to its rebar prices for September 2025 production. The company decided to increase prices by AED 110 per ton, bringing the new price to AED 2,590 (approximately USD 705) per ton on an ex-works (EXW) basis. The company clarified that the announced prices are …
Emirates Steel Raises Rebar Prices for September 2025 Read More »
ArcelorMittal Calvert in Alabama, USA, has contracted SMS Group to modernize its 2,050 mm hot strip mill (HSM), which has been in operation since 2010. The project aims to enhance mill efficiency and enable production of advanced steel grades and hot strip products. An Elotherm inductive heating system will be installed upstream of the finishing …
Saudi Iron and Steel Company (Hadeed) has announced its long product prices for September 2025, maintaining stability compared to the previous month. According to the new pricing, the company has kept the price of rebar (12 to 32 mm diameters) at SAR 2,130 per ton (approximately USD 566), while the price of wire rod (6.5 …
“Hadeed” Announces Long Steel Product Prices for September 2025 Read More »
South Korea’s steel exports to the United States plunged by 26% in July compared with the same month last year, weighed down by Washington’s tougher tariff measures, according to data from the Korea International Trade Association (KITA). South Korean news agency Yonhap reported that in June, U.S. President Donald Trump raised tariffs on steel and …
South Korea’s Steel Exports to the U.S. Fall to Lowest Level Since 2021 Read More »