Arab Steel Summit

Raw materials and scrap

Egypt: Continuing the export duty on scrap steel and raising it to 6,000 pounds per ton

Engineer Ahmed Samir, Minister of Trade and Industry, decided to continue implementing Ministerial Resolution No. 605 of 2022 regarding imposing an export duty on a type of scrap and waste from stainless steel alloys, customs item (7204.21). The second article of the decision stipulated amending the export fee imposed in the previous decision, to be

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Steel prices in the fourth week of November 2023

According to the prices announced in the global steel markets, scrap prices amounted to $390/ tonne, $7 up compared to last week’s prices, and iron ore prices $135/ tonne, $5 up compared to last week’s prices, while the prices of billets ranged between 495 – 520 Dollars per tonne, while it was between 490 – 520 dollars per tonne last week, and rebar  prices ranged between 580 – 590 dollars/tonne, while it was between 575 – 585 dollars per tonne last week.
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An agreement between Oman, Etihad Rail and Emirates Steel Arkan to transport limestone

Oman and Etihad Rail Company, the developer and operator of the railway network linking the Sultanate of Oman and the UAE, signed a memorandum of understanding with Emirates Steel Arkan , the largest iron and building materials Production Company in the UAE, to export raw materials from the Sultanate of Oman to the UAE. Under

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