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Algeria: Extracting more than 250 thousand tons of iron ore from the Gara Jbeilat mine

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Algiers, Assistant Director General of the National Iron and Steel Corporation (FERAL), Belhadj Reda, confirmed that between 2022 and 2023, more than 250 thousand tons of iron ore were extracted from the Gara Jbeilat mine. Mr. Belhadj explained, in a press interview with Algerian Radio Channel 1, that about a quarter of a million tons …

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UAE: Research on green steel production in Khalifa Industrial City

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Liberty Steel, a global steel producer, signed a memorandum of understanding with Abu Dhabi Ports Group to develop solutions to import high-quality magnetite iron ore from Australia to the United Arab Emirates. The agreement would play an important role in decarbonising international iron and steel production by combining Liberty’s access to 4 billion tonnes of …

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“Ezz Steel”: 1.9 billion pounds in losses in the first nine months of 2023

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In the nine months of 2023, Ezz Steel recorded total profits for the period, amounting to 27.9 billion pounds. The company explained in a press statement, today, Monday. That it recorded consolidated net losses amounting to 1.9 billion pounds in the period from January until the end of September 2023, compared to profits worth 5.7 …

“Ezz Steel”: 1.9 billion pounds in losses in the first nine months of 2023 Read More »

LISCO announces that it has achieved the design capacity of DRI plant for the first time in 26 years

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The Libyan Iron and Steel Company announced that it has achieved the design capacity of DRI plant in its third unit for the first time since its operation 26 years ago, and its production reaches 650 thousand tons of HBI iron, which is the design capacity of the plant. On Saturday evening, the company held …

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UAE launches a road map to decarbonize the sector by 93% by 2050

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Osama Amir Fadl, Assistant Undersecretary of the Ministry of Industry and Advanced Technology for the Industrial Accelerators Sector, confirmed that the Ministry launched, during the COP28 Conference of the Parties, a road map for decarbonization in the industrial sector, with the aim of reducing emissions in the sector by 93% by 2050, which would remove …

UAE launches a road map to decarbonize the sector by 93% by 2050 Read More »

Morocco ends safeguard measures on rebar and wire rod imports

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Morocco has decided to terminate safeguard measures on the imports of rebar and wire rods starting October 16, 2023. The cessation follows the completion of the safeguard measure’s full 10-year period, encompassing provisional measures, the initial application, and subsequent extensions. Morocco had implemented these safeguard measures, imposing a tariff of MAD 550 (USD 54) per …

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Emirates Steel Arkan cooperates with Co&³A to support the decarbonization of the cement sector

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Contributing to the UAE’s Net Zero by 2050 strategic initiative, Emirates Steel Arkan (ESA), one of the largest publicly traded steel and building materials manufacturers in the region, announced its strategic collaboration with renowned climate consulting firm A³&Co.® to drive an innovative decarbonization initiative across its Al Ain Cement Factory. The partnership, announced ahead of …

Emirates Steel Arkan cooperates with Co&³A to support the decarbonization of the cement sector Read More »

Oman: Laying the foundation stone for establishing an integrated green steel factory in Duqm

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The foundation stone was laid yesterday in the Special Economic Zone in Duqm for an integrated factory project to produce green iron from hydrogen, with investments exceeding $3 billion (one billion and 158 million Omani riyals), to serve as a new start for industrial development in the Sultanate of Oman. The project implemented by Folken …

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Emirates Steel Arkan showcases its solutions to reduce carbon at (COP28)

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Emirates Steel Arkan Group announced its broad participation in the work of the Conference of the Parties to the United Nations Framework Convention on Climate Change (COP28). In line with the UAE’s strategic initiative to achieve climate neutrality, by 2050. Its goals are to combat climate change, reduce carbon emissions, and limit global warming. As …

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Egypt’s climate envoy: International financing can help decarbonize heavy industries

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Climate pioneer Mahmoud Mohieldin said that the financing plan, which relies on funding from Western donors to help developing countries switch to cleaner energy generation, can be replicated in heavy industries and other sectors where it is difficult to mitigate emissions. Mohieldin, who serves as climate lead for the Egyptian presidency of the UN Climate …

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Saudi Arabia mining strategy boosts steel demand for the next ten years

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Deputy Minister of Industry and Mineral Resources for Mining Affairs, Engineer Khalid bin Saleh Al-Mudaifer, confirmed that the mining strategy in the Kingdom of Saudi Arabia will enhance the increase in demand for steel in the Kingdom during the next ten years. This came during his participation in the activities of the Arab Mining Conference …

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Algeria: Tosyali flat steel production line will enter into operation in H2 2024

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Tosyali Algeria intends to launch a line for the production of flat steel in the second half of 2024, according to a statement by the Ministry of Industry and Pharmaceutical Production in Algeria. The announcement was made during a meeting granted by the Minister for the sector, Ali Aoun, to the CEO of the Tosyali …

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Emirates Steel Arkan and Masdar to develop first project to produce steel based on green hydrogen

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Abu Dhabi Future Energy Company PJSC – Masdar, one of the world’s leading renewable energy companies, has partnered with Emirates Steel Arkan, (ADX: EMSTEEL), one of the largest publicly traded steel and building materials manufacturers in the region, to develop an innovative green hydrogen project to decarbonize the hard-to-abate steel sector in the UAE. The …

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Egypt’s iron and steel exports increased to $1.7 billion in 9 months

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Exports of Egyptian building materials, refractories, metal industries, and construction increased for the period from January to September 2023 to achieve a value of 6 billion and 279 million dollars compared to the same period in 2022 when they recorded a value of 5 billion and 228 million dollars, an increase of 20%. Egypt’s iron …

Egypt’s iron and steel exports increased to $1.7 billion in 9 months Read More »

Emirates Steel Arkan hosts a conference on the sustainability of the steel industry

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Emirates Steel Arkan Group is hosting the 26th session of the Middle East Iron and Steel Conference, which will be held on November 20-22 in Dubai. During this event, the group will showcase its efforts in sustainable manufacturing, which supports the UAE’s climate neutrality strategy. This event brings together many senior decision makers to discuss …

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Arab Iron and Steel Union participates in the 58th regular meeting of the Arab specialized federations

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The 58th regular meeting of the specialized Arab federations operating within the framework of the Council of Arab Economic Unity of the League of Arab States was held today in the city of Cairo – Arab Republic of Egypt, with the participation of the Arab Iron and Steel Union. In their speeches, the attendees affirmed …

Arab Iron and Steel Union participates in the 58th regular meeting of the Arab specialized federations Read More »

Report : Production, sales, and prices of rebar in Egypt in January to September 2023

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According to data collected from the Arab Iron and Steel Union, Egypt’s production of rebar during the period from January to September of this year amounted to 5.753 million tons, a decline of 10.2% compared to the same period last year, which amounted to 6.405 million tons. The first half of this year witnessed a …

Report : Production, sales, and prices of rebar in Egypt in January to September 2023 Read More »

Egypt: Ezz Steel announces new prices for flat steel

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Ezz Steel Group announced new prices for flat steel after prices remained unchanged for about 9 months and prices rose from 34,485 EGP to 37,000 EGP per tonne, factory delivery, including value-added tax. Statement including VAT Flat Steel 37,000

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