• Thursday 4 June 2026
Youtube Linkedin Facebook
Search

Arab countries

Emirates Steel’s headquarter receives LEED Platinum Rating

News / By

Emirates Steel’s headquarter and warehouse in Musaffah Industrial Area, Abu Dhabi, has received the Platinum Rating for green buildings from Leadership in Energy and Environmental Design (LEED v4) awarded by the US Green Building Council (USGBC), achieving 80 and 82 points respectively. This is a new global recognition of Emirates Steel’s success in implementing the …

Emirates Steel’s headquarter receives LEED Platinum Rating Read More »

Oman to extend evening lockdown, no major impact on steel industry

News / By

Despite the unprecedented measures to curb the pandemic spreading, Oman remains deeply concerned about the matter. The authorities were forced to make a tough decision and implement additional restrictions during religious holidays. The Supreme Committee decided to introduce total lockdown in the Sultanate during the Eid Al Adha holidays. Oman banned travel movement and shut …

Oman to extend evening lockdown, no major impact on steel industry Read More »

Ending the historical disputes between “Kima” and “Iron and Steel Mines and Quarries”

News / By

Under the patronage of His Excellency the Minister of Public Business Sector Mr. Hisham Tawfiq Shahd, Accountant Imad El Din Mostafa – Chairman of the Board of Directors of the Holding Company for Chemical Industries, and Eng. Mohamed El Saadawi Mostafa El Saadawi – Executive Managing Director of the Holding Company for Metallurgical Industries Signing …

Ending the historical disputes between “Kima” and “Iron and Steel Mines and Quarries” Read More »

Egypt: Implementation of new building requirements and issuance of licenses in all governorates will start tomorrow

News / By

Tomorrow, Sunday, July 4 in Egypt, the governorates will start implementing the new building requirements and the new licensing system in all centers and cities, in accordance with the Cabinet’s decision issued last April, to start applying the new building requirements and the new licensing system to the cities that were selected for experimental application …

Egypt: Implementation of new building requirements and issuance of licenses in all governorates will start tomorrow Read More »

Egypt: Rebar prices stabilize on 1 July

News / By

Today, Thursday 1-7-2021, rebar prices in Egypt witnessed stability in the local market, according to the announced prices. Company Egyptian pounds Ezz Steel 14600 Suez Steel  14500 Arabian Steel industries 14400 Beshay Steel 14500 Attia Steel 14300 El-Marakiby steel 14300 Egyptian Steel 14500 Maadi Steel 14300 Alshry Steel 14300 Misr Steel 14300  

The statement of the Libyan Iron and Steel Company regarding the suspension of work

News / By

Based on the letter of the Minister of State for Prime Minister and Cabinet Affairs dated June 30, 2021 regarding his referral of the instructions of His Excellency the Prime Minister to the Government of National Unity regarding stopping work at the Iron and Steel Complex during the months of July-August; In support of the …

The statement of the Libyan Iron and Steel Company regarding the suspension of work Read More »

Summary of the third report, the Economic Committee of the Arab Iron and Steel Union

AISU, News, Public Reports, Reports / By

An overview of the Middle East and North Africa region At the beginning of 2020, the Arab countries were subjected to two major shocks; the first shock was the Coronavirus pandemic, and the subsequent economic effects like the rest of the world, while the second shock was the drop in oil prices. These two shocks …

Summary of the third report, the Economic Committee of the Arab Iron and Steel Union Read More »

Arkan’s board approves Emirates Steel acquisition transaction

News / By

The board of Arkan Building Materials Company has approved the offer, received from General Holding Corporation (Senaat) on 9 May, to transfer its wholly-owned subsidiary, Emirates Steel Industries (Emirates Steel), to Arkan. Arkan will acquire Emirates Steel in exchange for the issuance of a convertible instrument to Senaat, according to a press release on Thursday. Upon closing of the transaction, the …

Arkan’s board approves Emirates Steel acquisition transaction Read More »

Ukrainian firm offers to develop, manage Hadisolb

News / By

The Egyptian Iron and Steel (Hadisolb) has received a technical and financial offer from a Ukrainian company to rehabilitate, develop, and manage the steel manufacturing firm, currently under-liquidation, under a revenue-sharing scheme.   The offer is under consideration by the parent company, Metallurgical Industries Holding Co, according to a bourse disclosure on Tuesday. At the end of May, the …

Ukrainian firm offers to develop, manage Hadisolb Read More »

Ezz Dekheila Steel turns profitable in Q1, supported by a 28% sales growth

News / By

Ezz Dekheila Steel – Alexandria turned profitable during the first quarter of this year, recording a profit of 1.02 billion pounds at the end of last March, compared to 1.08 billion pounds in the first quarter of 2020. The company’s consolidated financial statements showed an increase of 28.2% in sales to 11.72 billion pounds during …

Ezz Dekheila Steel turns profitable in Q1, supported by a 28% sales growth Read More »

Re-formation of the Board of Directors of Metallurgical Industries Holding for a period of 3 years

News / By

Hisham Tawfiq, Minister of Public Business Sector – Chairman of the General Assembly of Metallurgical Industries Holding – issued a decision to re-form the Board of Directors of Metallurgical Industries Holding, for a period of three years. The decision included assigning Dr. Saad Mujahid Al-Rajhi to do the work of a non-executive chairman of the …

Re-formation of the Board of Directors of Metallurgical Industries Holding for a period of 3 years Read More »

ADNOC signs an agreement with Emirates Steel through Long-Term and Reliable Natural Gas Supply

News / By

The Abu Dhabi National Oil Company (ADNOC) announced the signing of a long-term agreement to sell natural gas with Emirates Steel in Abu Dhabi. Under the terms of the agreement, ADNOC will supply natural gas to Emirates Steel over the next ten years to support the growing demand for energy and raw materials from the …

ADNOC signs an agreement with Emirates Steel through Long-Term and Reliable Natural Gas Supply Read More »

EGX approves to register iron and steel mines, with a capital of EGP 195.3 million

News / By

The Securities Listing Committee of the Egyptian Stock Exchange decided to list the shares of the Iron and Steel Company for Mines and Quarries, a split company emerging from the division of the Egyptian Iron and Steel Company into two “divided and divided” companies. The Egyptian Stock Exchange clarified, in a statement on Wednesday, that …

EGX approves to register iron and steel mines, with a capital of EGP 195.3 million Read More »

Egyptian Iron and Steel Company addresses the stock exchange to stop trading the stock until “mines” company is registered

News / By

The Egyptian Iron and Steel Company submitted a request to stop dealing in the company’s shares as of the beginning of the trading session tomorrow, Tuesday, May 25th. The company stated in a statement to the Egyptian Stock Exchange today, Monday, that the suspension of trading until the presentation to the registration committee to consider …

Egyptian Iron and Steel Company addresses the stock exchange to stop trading the stock until “mines” company is registered Read More »

Iraq: The opening of a steel plant with a capacity of 350 thousand mt in Kurdistan

News / By

On Tuesday, the President of the Kurdistan Regional Government, Masrour Barzani, inaugurated iron and steel production plants, at a total cost of $ 100 million. On the sidelines of the opening ceremony of the huge factory, the Prime Minister expressed his pleasure at the completion of (Med Steel) factory for the production of iron and …

Iraq: The opening of a steel plant with a capacity of 350 thousand mt in Kurdistan Read More »

Delta Steel achieves 30 million pounds in profits for the first time in 10 years

News / By

Mr. Mahmoud El-Feki, managing director of Delta Steel, confirmed that the company is achieving profits for the first time in 10 years during the current fiscal year, and the net profit is expected to reach 30 million pounds, after the implementation of the first stage of development. Al-Feki added that the profits targeted in the …

Delta Steel achieves 30 million pounds in profits for the first time in 10 years Read More »

Algeria: Sider El Hadjar exports 46,243 tons of steel products in Q1 2021

News / By

Sider El Hadjar Company exported various iron and steel products with a volume of approximately 46,243 tons in the first quarter of 2021. They included finshed, semi-finished and derivative products. These exports represented 92% of the export program for the first quarter of this year. In January, the volume of exported steel products reached 17,493 …

Algeria: Sider El Hadjar exports 46,243 tons of steel products in Q1 2021 Read More »

Iraq: The establishment of the first industrial city and the largest steel factory in Basra

News / By

The Basra Investment Commission – Iraq announced, on Wednesday (May 5, 2021) the inclusion of mega projects in the current year’s plan, the most prominent of which is the implementation of a large iron and steel factory, and the first industrial city to help employ thousands of unemployed. The semi-official Al-Sabah newspaper quoted the head …

Iraq: The establishment of the first industrial city and the largest steel factory in Basra Read More »

Hadeed SABIC capitalises on strong pricing, returns to operating profit in Q1 2021

News / By

Although the situation in the steel sector remains challenging, as the demand and consumption cannot reach the pre-pandemic level, some signs of recovery are seen in Saudi Arabia. Saudi Iron & Steel Company (Hadeed SABIC), the key local steelmaker, managed to take advantage of strong pricing and improved its financial performance in Q1. Hadeed SABIC …

Hadeed SABIC capitalises on strong pricing, returns to operating profit in Q1 2021 Read More »

Search
Whatsapp Instagram Youtube Twitter Facebook