Arab countries

Eng. Ahmed Ezz to the Financial Times: EU-wide steel tariffs punish compliant suppliers

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 …

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EMSTEEL Launches the World’s First Pilot of Electric Process Gas Heaters in Steelmaking

EMSTEEL Group, one of the largest publicly traded steel and building materials manufacturers in the region, has announced a landmark partnership with global technology leader Danieli to launch the first Electric Process Gas Heater (ePGH) pilot for the steel sector. The initiative marks a pivotal step in EMSTEEL’s decarbonisation roadmap, reinforcing its leadership in the …

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Algerian Qatari Steel Expands its Presence in Africa with Agreements Exceeding USD 1.6 Billion at IATF 2025

In a move that reflects the strength of the Algerian-Qatari partnership and opens broader horizons for Arab-African cooperation, Algerian Qatari Steel announced the signing of a package of commercial and strategic agreements worth more than USD 1.6 billion during its participation in the Intra-African Trade Fair (IATF 2025). These agreements, which will enable the company …

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Egypt Considers Imposing Safeguard Duties on Rolled Steel Imports for 200 Days

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 …

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The Economic Committee of the Arab Iron and Steel Union Holds Its Eleventh Meeting in Cairo

The Economic Committee of the Arab Iron and Steel Union held its eleventh meeting on 8–9 September 2025 at the Four Seasons Hotel in Cairo, with the participation of representatives from a number of member companies of the Union. At the beginning of the meeting, a procedural session was convened for elections, during which Mr. …

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Rebar Prices in Egypt – September 09, 2025

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 …

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8 Egyptian Companies Win New Licenses to Produce Billet

Eight Egyptian companies have secured new licenses to produce billet, a key component in the steel industry, as part of a government plan to boost local manufacturing and reduce imports. The licenses cover production capacities ranging from 200,000 tons to 1.5 million tons, with total additional capacity expected to reach 3.7 million tons. Ataqa Steel …

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Chinese Steel Structure Giant Enters Morocco Through Major Infrastructure Projects

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 …

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EMSTEEL Delivers High-Quality U-Type Sheet Piles for Landmark Floating Bridge Across the Suez Canal

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 …

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Rebar Prices in Egypt – September 01, 2025

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 …

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Ezz Steel maintains rebar prices for September 2025

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

Algerian–Chinese Talks to Reduce Phosphorus Levels in the Gara Djebilet Mine

A delegation from China’s MCC company, led by General Manager Jia Nion Xuan, held talks with the CEO of the National Iron and Steel Company (Feral), Reda Belhaj, and the Chairman and CEO of Sonarem, Belkacem Soltani, on the development project of the Gara Djebilet mine in Tindouf. The discussions focused on iron ore processing …

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Stability in Egypt’s Rebar Prices with Slight Declines for Some Companies

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, …

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‘EMSTEEL’ delivers first hydrogen-based rebar to ‘Aldar’

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 …

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Emirates Steel Raises Rebar Prices for September 2025

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 …

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“Hadeed” Announces Long Steel Product Prices for September 2025

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 …

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Saudi-Mauritanian Partnership to Produce 14 Million mt of Iron Ore

Saudi Arabia and Mauritania are preparing to launch a strategic partnership in iron ore mining, aimed at expanding economic cooperation and boosting investment flows between the two nations, according to media reports. The initiative was agreed upon following a meeting in Mecca between Saudi Crown Prince Mohammed bin Salman and Mauritanian President Mohamed Ould Cheikh …

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Rise in Rebar Prices in Saudi Arabia in H1 of 2025

Rebar prices in Saudi Arabia recorded a slight increase in the first half of 2025 compared to the same period last year. The rise was supported by continued demand for construction materials and infrastructure projects, before showing the first monthly decline in June. In January 2025, the average price per ton reached SAR 2,962 compared …

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Arab countries’ crude steel production increased by 13.2% in July 2025

News, steel Statistics / By user

Arab countries recorded a strong increase in crude steel production during July 2025, with total output reaching 3.61 million tons, up 13.2% compared with the same month in 2024, according to the latest data released by the World Steel Association. Strong Performance in the Gulf Region Gulf countries contributed 1.858 million tons in July 2025, …

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Nakheel Awards AED 2.6 Billion Contract for “Gulf Villas” Project in Dubai Islands

Nakheel, a subsidiary of Dubai Holding Real Estate, has awarded a contract worth AED 2.6 billion (USD 708 million) to Fibrex Contracting LLC for the construction of the “Gulf Villas” project within Dubai Islands. The landmark Dubai Islands development spans 18.6 square kilometers across five islands and features 59 kilometers of waterfront and over 20 …

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Rebar Prices in Egypt – August 18, 2025

Rebar prices in the Egyptian market recorded relative stability, with prices this week ranging between EGP 31,500 and EGP 38,200 per ton. The price of a ton at Ezz Steel reached around EGP 38,200, while Egyptian Steel recorded EGP 38,000 per ton, and Beshay Steel stood at EGP 37,500. Meanwhile, El Marakby Steel posted EGP …

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Ataqa’s Profits Drop 88% in H1 Despite Revenue Growth

The financial statements of Egypt National Steel – Ataqa revealed an 88% year-on-year decline in net profits during the first half of 2025, despite recording significant growth in revenues. In a statement to the Egyptian Exchange, the company reported a net profit of EGP 62.33 million for the first six months of 2025, compared to …

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Egypt : Iron and Steel for Mines Sales Exceed EGP 1.3 Billion, Annual Profits Soar 458%

The financial indicators of Iron and Steel for Mines and Quarries revealed a substantial surge in annual profits, with net profit rising by 458% year-on-year. According to a statement issued by the company to the Egyptian Exchange, net profit for the period from July 2024 to the end of June 2025 reached EGP 702.96 million, …

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Emsteel Becomes First Middle Eastern Company to Attain ResponsibleSteel™ Certification

Emsteel has been awarded the ResponsibleSteel™ certification for its accredited steel production plants, marking a significant milestone in advancing sustainable steelmaking practices in line with the highest standards of transparency and carbon emissions reduction, and in accordance with leading global benchmarks. The certification was granted following a comprehensive audit conducted by CARES, a globally recognized …

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Qatar Steel Boosts Revenue and Production in H1 2025

Qatar Steel, the steel division of Industries Qatar, delivered a strong operational performance in the first half of 2025, with both revenue and production increasing, driven by higher sales volumes and the restart of key production facilities. However, lower prices and a high comparison base weighed on net profit.

Libyan Iron and Steel Company Exceeds Production Targets in H1 2025 and Achieves Strong Sales Results

The Libyan Iron and Steel Company announced outstanding production and marketing performance in the first half of 2025, surpassing its targets in several product categories for the period from January 1 to June 30, 2025, according to the company’s report. Production The report showed that production of Direct Reduced Iron (DRI) reached 557,671 tons, exceeding …

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Yamamah Steel’s Profits Jump 138% in Q3 to SAR 15.4 Million

Yamamah Steel Industries Co. reported a 138.45% increase in net profit for the third quarter of its fiscal year ended June 30, 2025, reaching approximately SAR 15.37 million, compared to SAR 6.47 million in the same period of the previous fiscal year. According to Al Arabiya, the company stated in a filing on the Saudi …

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Rebar prices in Egypt August 4, 2025

Rebar prices in Egypt this week ranged between EGP 31,800 – EGP 38,200. The prices were as follows: Ezz Steel EGP 38,200, Suez Steel EGP 38,100, Bishay Steel EGP 37,500, El Marakby Steel EGP 35,900, Egyptian Steel EGP 38,000, Ashry Steel EGP 32,100. Garhy Steel EGP 35,500, Misr Steel EGP 31,600, El Komy Steel EGP …

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Ataqa Steel Submits Technical Bid for Billet Production License

Egypt National Steel Company (Ataqa) has submitted a technical bid as part of the tender process for licenses to establish a continuous steel billet production facility with an annual capacity of 1.5 million tons. The company stated that the General Authority for Industrial Development has approved its technical submission, allowing Ataqa to proceed to the …

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Emsteel Reports AED 188 Million in First-Half Profit, a 7.7% Increase

Emsteel announced a net profit of AED 188 million for the first half of 2025, marking a 7.7% increase compared to AED 174.5 million during the same period in 2024. Revenue rose by 9% to reach AED 4.3 billion, up from AED 3.956 billion in the first half of the previous year. This growth was …

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