The European Commission has announced a reduction in the anti-dumping duty on hot-rolled steel imports from Egypt to a final rate of 11.7% for a five-year period, down from the provisional rate of 12.8%, according to a document released by the Vietnamese Ministry of Industry—one of the countries also subject to the duties. According to …
EU Decides to Reduce Anti-Dumping Duty on Egyptian Steel Imports to 11.7% Read More »
The Iron and Steel Company for Mines and Quarries reported total sales of EGP 124.99 million for the month of June 2025. In a disclosure to the Egyptian Exchange, the company stated that sales from the Bahariya Oasis mines accounted for EGP 124.95 million, while sales from the Beni Khaled-Samalut quarries amounted to approximately EGP …
Egypt: Iron and Steel for Mines Sales to Reach EGP 125 Million in June Read More »
Arab countries’ crude steel production recorded a significant increase in June 2025, with total production reaching 3.337 million tons, an increase of 6.3% compared to the same month in 2024, according to the latest data issued by the World Steel Organization. Strong Performance in the Gulf Region The Gulf Cooperation Council (GCC) countries contributed approximately …
Arab countries’ crude steel production increased by 6.3% in June 2025 Read More »
Saudi Iron and Steel Company (Hadeed) has announced its long product prices for August 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 …
“Hadeed” Announces Long Steel Product Prices for August 2025 Read More »
The Algerian Ministry of Industry announced the signing of several partnership agreements between Algeria and Italy in the presence of the CEOs of the relevant institutions. Four major industrial agreements were signed under the supervision of the Ministry of Industry. Among these agreements was an agreement between the National Steel Company (SNS) and the Italian …
Algeria, which has been steadily developing its steel industry during recent years and, moreover, moving towards more active steel exports, is going to develop another DRI-based production base in the future. According to media sources, during the scheduled Italy-Algeria Business Forum to be held in Rome, an agreement is to be signed for an approximate …
Algeria and Italy Sign Agreement to Build DRI Unit with $1 Billion Investment Read More »
Amid the usual seasonal slowdown during the summer, the UAE’s rebar market has maintained relative strength, prompting Emirates Steel, the country’s leading steel producer, to keep its prices unchanged for August. The price fixing, which was anticipated by many market participants, reflects the company’s strategic approach to maintaining demand levels and protecting its market share …
Emirates Steel maintains rebar prices for August Read More »
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 36,300, Egyptian Steel EGP 38,100, Ashry Steel EGP 35,500. Garhy Steel EGP 36,000, Misr Steel EGP 33,000, El Komy Steel EGP …
Egypt’s iron and steel exports declined by 15% during the first five months of 2025, recording approximately $801 million, compared to $938 million in the same period last year, according to data from the General Organization for Export and Import Control. The data showed a significant decline in exports to the US and Turkish markets, …
Egypt’s iron and steel exports decline by 15% in 5 months Read More »
As part of efforts to strengthen cooperation between the two companies, Algerian Steel Company (formerly Sider El Hadjar) and the Algerian Qatari Steel Company (AQS) have taken a new step toward industrial integration through an official field visit. The visit was led by Mr. Khaladi Houari Miloud, CEO of the Sider Industrial Group, accompanied by …
Partnership Agreement Between Algerian Steel Company and AQS for Billet Supply Read More »
Al Jazeera Steel Company, which operates in the iron pipes industry, reported profits of OMR 4.12 million (33 baisas per share) by the end of the first half of 2025, compared to profits of OMR 2.57 million achieved in the same period in 2024, as shown in the following table: Income Statement Period Q1 2024 …
Al Jazeera Steel profits amounted to 4.12 million riyals (+60%) in H1 2025 Read More »
Rebar prices in Egypt this week ranged between EGP 32,000 – 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 36,300, Egyptian Steel EGP 38,100, Ashry Steel EGP 35,500. Garhy Steel EGP 36,000, Misr Steel EGP 33,000, El Komy Steel EGP …
As part of the state’s policy aimed at rehabilitating and utilizing confiscated industrial assets, the new production unit of the EPE ALFAPIPE SPA, a subsidiary of the National Iron and Steel Company (SNS), was inaugurated on Wednesday, July 9, 2025, in the Battioua region of Oran Province. The inauguration ceremony was presided over by Mr. …
Steel prices in Dubai recorded a significant decline during the first quarter of this year, while some other building materials saw slight increases, reflecting the variability in the local construction market, according to data from the Dubai Statistics Center, part of Digital Dubai. 📉 Decline in Rebar Prices The price of a ton of twisted …
Rebar prices in Egypt this week ranged between EGP 32,000 – 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 36,300, Egyptian Steel EGP 38,100, Ashry Steel EGP 35,500. Garhy Steel EGP 36,000, Misr Steel EGP 33,000, El Komy Steel EGP …
The Libyan Iron and Steel Company signed a partnership agreement with the German company SMS for Metal Manufacturing. This agreement aims to increase production capacity, reduce breakdowns, lower costs, and improve product quality. The agreement was signed on behalf of the company by the Chairman of the Board of Directors, Dr. Mohamed Abdelmalik Al-Faqih, and …
The Saudi Iron and Steel Company (Hadeed) has announced its long steel prices for July deliveries. The company’s rebar prices have been reduced by SAR 100 (USD 27) per ton, bringing the new rate to SAR 2,130 (USD 566) per ton. Wire rod (6.5-16 mm) saw a smaller reduction of SAR 30 (USD 8) per …
Saudi Iron and Steel Company (Hadeed) announces a decrease in long steel prices for July Read More »
The Kingdom of Saudi Arabia has imposed final anti-dumping duties on imports of steel or stainless steel tubes with longitudinally welded circular sections imported from China and Taiwan. The decision, issued by the Minister of Commerce and Chairman of the General Authority for Foreign Trade, Dr. Majid Al-Qasabi, is effective for five years starting from …
Rebar prices in Egypt this week ranged between EGP 32,200 – 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 36,300, Egyptian Steel EGP 38,100, Ashry Steel EGP 35,500. Garhy Steel EGP 36,000, Misr Steel EGP 33,000, El Komy Steel EGP …
Ezz Steel Company announced stability in prices starting from July 1, 2025 for the ninth consecutive month at EGP 38,200 EXW, including value-added tax. Statement including VAT Rebar 38,200 EGP 1 USD = 49.65 EGP
Data from the UAE’s construction market shows a 6.5% decline in rebar prices since the beginning of 2025. The price fell from $722.26 per ton (approximately AED 2,652) in January to $675 (approximately AED 2,478) per ton during the period from February to June, based on ex-works terms, excluding value-added tax and transportation and handling …
Rebar prices in the UAE have declined by 6.5% since the start of 2025 Read More »
The Iron and Steel Company for Mines and Quarries announced total sales of EGP 251.04 million during the month of May. The company stated in a statement to the Egyptian Exchange today that sales from the Bahariya Oasis mines during May amounted to EGP 251.01 million. It added that sales from the Beni Khaled-Samalut quarries …
Iron and Steel Mining Sales Exceed EGP 251 Million in May Read More »
In an achievement that underscores its ongoing commitment to providing a safe and healthy working environment, SULB, the Middle East’s first company specializing in the production of light, medium, and heavy beams structural steel sections producer in the Middle East region, has been awarded the prestigious International Safety Award 2025 with Merit by the British …
SULB Awarded International Safety Award 2025 by British Safety Council Read More »
According to the latest report issued by World Steel on crude steel production, Arab countries’ crude steel production reached 3.5 million tons in May, a 5.0% increase compared to May 2024. Egypt topped Arab steel production in May, with 810,000 tons, a decline of -9.5%. Saudi Arabia came in second place with 780,000 tons, a …
Arab countries’ crude steel production increased by 5% in May 2025 Read More »
EMSTEEL , today announced the successful graduation of 62 Emirati trainees (49 men and 13 women) from the company’s flagship Masaar talent-development programme, marking the first cohort to complete the newly revamped one-year “accelerated” track introduced in 2024. The group includes 43 operations specialists and 19 support-function professionals, holding roles such as Graduate Engineer and …
EMSTEEL Celebrates Graduation of 62 Emirati Trainees from Accelerated Masaar Programme Read More »
Rebar prices in Egypt this week ranged between EGP 33,700 – 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 36,300, Egyptian Steel EGP 38,100, Ashry Steel EGP 35,500. Garhy Steel EGP 36,000, Misr Steel EGP 33,000, El Komy Steel EGP …
CRC Evans , a UK-based company providing welding, welding technology, and coating services, has won a renewed contract for a water pipeline project in Morocco, led by state-owned OCP Group. This project involved a 219-km pipeline to transport desalinated water from its Jorf Lasfar facilities to Khouribga operations, addressing regional water shortages. Building on its …
CRC Evans secures major Morocco water pipeline contract Read More »
EMSTEEL (the Group), one of the largest publicly traded steel and building materials manufacturers in the region, today announced that it has received a provisional ESG rating of “AA” from MSCI, one of the highest among steel players globally, recognising the Group as one of the few global steel and building materials manufacturers that stand out for their …
EMSTEEL recognised as an ESG Leader with ‘’AA’’ provisional rating from MSCI Read More »
The National Steel Holding Company receives a delegation from the Malaysian Lion Group to discuss partnership opportunities. The CEO of the National Steel Holding Company (SNS), Mr Adel Khemane, chaired a working meeting with officials from the Malaysian Lion Group, one of the most prominent industrial players in Asia, at the company’s headquarters on Monday, …
Rebar prices in Egypt this week ranged between EGP 33,700 – 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 36,300, Egyptian Steel EGP 38,100, Ashry Steel EGP 35,500. Garhy Steel EGP 36,000, Misr Steel EGP 33,000, El Komy Steel EGP …