Tosyali Algeria announced the export of the third shipment of Pilling Pipe, as 60 units a total 708 meters will be depart this week from the port of Oran, , by container for Dakar in Senegal. Tosyali Algeria markets its products in several continental markets, despite the restrictions imposed by the health situation on many […]
Tosyali Algeria continues to export steel pipes to Senegal Read More »
El Hadjar complex (Annaba Province) – Algeria – will be allowed to import iron ore in case local production is insufficient, with the aim of solving the problem of supplying raw materials, according to Minister of Industry Farhat Ait Ali Braham in a press interview published on Sunday. Mr. Ait Ali Braham said in an
Allowing El Hadjar complex to import iron ore to solve the supply problem Read More »
China’s iron ore imports rose by 8.2pc to 108.55mn t in September from August, the second-highest on record, preliminary customs data showed today. September imports rose by 9.2pc from a year earlier and were shy of July’s record 112.65 mn t. January-September iron ore imports increased by 10.8pc to 868.46mn t from the same period
China’s September iron ore imports rise to near record Read More »
صناعة الحديد شهدت انخفاضاً في الاستهلاك نتيجة للتباطؤ الاقتصادي العالمي وبخاصة في ظل التحديات التي فرضها فيروس «كورونا المستجد» على الوضع الاقتصادي ككل، ولكن الصناعة الوطنية قادرة على تخطي هذه المرحلة الحرجة التي أوجدت تحديات كبيرة على جميع المستويات. المهندس سعيد غمران الرميثي، الرئيس التنفيذي لشركة «حديد الإمارات»، يكشف في حواره نجاحات الشركة خلال الفترة
CEO of Emirates Steel, the iron and steel industry needs support Read More »
Saudi Arabia’s imports of iron and steel in the first nine months of this year amounted to about 11.8 million tons, with a total value of about 23.4 billion riyals. According to statistical data issued by the General Customs Authority, which Al-Eqtisadiah has reviewed, Saudi imports of iron and steel decreased by 3.5 million tons,
23.4 billion riyals is the value of Saudi Arabia’s imports of iron and steel in 9 months Read More »
Italian plantmaker Danieli has announced that it signed an agreement with SeAH Besteel, the largest special steel producer in South Korea, to increase the process efficiency of the company’s electric arc furnace No. 3 at its Gunsan meltshop. With Danieli’s Q-MELT technological package, the company will avoid over-oxidation, thus maximizing process repeatability and steel quality.
Danieli to modernize EAF for S. Korea’s SeAH Besteel Read More »
The shareholders of the Egyptian Iron and Steel Company agreed, during the extraordinary general assembly held on Monday, to divide the company by separating the mining and quarrying activities from the company. After the decision, Minister of Public Business Sector Hisham Tawfiq announced that the ministry intends to list the divided company on the Egyptian
Egyptian Iron and Steel Company agrees to separate the mining activity Read More »
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 »
In the first half of the current year, Russia’s steel exports rose by 3.1 percent year on year to 14.4 million mt, according to the official customs data. In particular, in the given period Russia exported 7.7 million mt of semi-finished steel products and 3.7 million mt of flats, increasing by 1.3 percent year on
Russia’s steel exports rise in H1 2020 Read More »
Brazil-based miner Vale has announced its operational results for the second quarter and the first half of the current year, reporting iron ore production of 67.6 million mt in the second quarter, rising by 13.4 percent compared to the previous quarter and up 5.5 percent year on year. In the second quarter, Vale’s manganese ore
Vale’s iron ore output down 7.1 percent in H1 2020 Read More »
Japan’s iron ore imports decreased considerably in June, as domestic steel mills kept output cuts under pressure from lower demand in the manufacturing sector due to the Covid-19 pandemic. According to preliminary data released by the Ministry of Finance on July 19, Japan imported 6.1 million tonnes of iron ore in June, a decrease of
Japan’s iron ore imports sharply lower in June Read More »
According to Chinese customs authorities on July 14, China imported 101.682 million tonne of iron ore, up by 35.3% year-on-year, while increasing by 16.8% month-on-month in June this year. In the January-June period of this current year, iron ore imports in China increased by 9.6% year-on-year, reaching 546.907 million tonne, with the year-on-year rise 4.5
China’s iron ore imports up 35.3% in June, highest since Oct 2017 Read More »
The expectations of the growth rates of the Middle East and North Africa region for 2019 decreased from 1.5% to 0.6%, due to the following reasons: Oil prices drop below $60 a barrel Not starting projects for the reconstruction of Syria and Iraq Continuing military operations in Syria and Yemen – political instability This is