On June 24, the US Trade Commission will begin investigating a complaint filed by major US steel producers seeking anti-dumping duties on rebar imports from producers in four countries, including Egypt and Algeria. This complaint threatens both countries with millions of dollars in losses. Major US steel producers have filed a complaint against some steel …
The board of directors of Indian pipe manufacturer Jindal Saw has approved new international investments totaling $118 million to strengthen its presence in the Middle East. The largest initiative involves the creation of a 100% subsidiary in Abu Dhabi (UAE) to build a seamless pipe plant with a capacity of 300 thousand tons per year. …
Jindal SAW plans to build new plants in the UAE and Saudi Arabia Read More »
Jindal Shadeed Iron & Steel LLC is modernizing its eight-strand Concast continuous billet caster at its facility in Sohar Port, Oman, to meet growing demand from the construction sector. The strategic upgrade further strengthens the company’s partnership with SMS Group, leveraging their technical expertise to enhance production capacity and diversify the product range, particularly in …
Modernization and expansion of continuous caster at Jindal Shadeed in Oman Read More »
The latest reports from the World Steel Association, released this month, revealed that Ezz Steel has topped the list of the largest steel producers in the Arab world and Africa, with a production of 6.4 million tons of crude steel in 2024, achieving the highest production in the company’s history. This surpasses the largest Saudi …
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 …
The 5 largest iron mines in the Arab world dominate the regional mining industry scene. They are strategic tributaries that support industrial security and help diversify sources of income in a number of countries. Data from these mines reveals massive reserves exceeding 7 billion tons, making them a key driver of industrial growth and infrastructure …
Danieli has announced that Emsteel, a manufacturer of heavy beams and sheet piles, has selected Danieli to develop the Thermo-Mechanical Control Process (TMCP) system at its Rolling Mill No. 4 in Abu Dhabi. Emsteel is the only producer of such heavy products in the MENA region. Through this project, Emsteel intends to expand its product …
EMSTEEL to produce high-strength beams with TMCP in partnership with Danieli Read More »
The United States and the UAE have agreed to begin negotiations for a bilateral trade agreement that would reduce tariffs on the Gulf state’s steel and aluminum industries, according to Reuters. The sources added that Emirati officials discussed the possibility of concluding a trade agreement with their American counterparts during President Donald Trump’s two-day visit …
UAE seeks trade agreement with US to reduce Trump’s steel and aluminum tariffs Read More »
Ashry Steel Group revealed its plan to establish a factory specializing in the production of seamless pipes, with investments exceeding 600 million euros. This plan was announced after officially obtaining a production license, completing all administrative procedures, and receiving a letter of credit from the government last week, according to statements made by group chairman …
Al-Ashry Steel intends to establish a 600 million euro seamless pipe factory Read More »
The Saudi Iron and Steel Company (Hadeed) has announced its long steel prices for June deliveries. The company’s rebar prices have been reduced by SAR 50 (USD 13) per ton, bringing the new rate to SAR 2,230 (USD 594) per ton. In contrast, wire rod prices remain unchanged. Hadeed’s wire rod (6.5-16 mm) continues to …
Saudi Iron and Steel Company (Hadeed) Announces Rebar Prices for June 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 …
Ezz Steel Company announced stability in prices starting from June 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 = 49.70 EGP
Sonatrach, in collaboration with Sonelgaz and the US renewable energy company Hecate, is preparing an integrated green hydrogen production project to meet the needs of Tosyali’s iron and steel industry, according to a statement from the public company. This project was discussed during a meeting held at Sonatrach’s General Directorate headquarters, which brought together the …
A green hydrogen production project to meet the needs of Tosyali Algeria Read More »
Minister of Industry, Saifi Ghrib, received a high-level Qatari delegation on Wednesday, headed by Khalid Al-Obaidli, Chairman of Qatar Steel International and the main shareholder in the Algerian-Qatari Steel project. The two sides discussed ways to strengthen bilateral cooperation, according to a ministry statement. The meeting, attended by ministry officials, comes within the framework of …
EMSTEEL Group, one of the region’s leading publicly traded steel and building materials manufacturers, has signed a Memorandum of Understanding (MoU) with TAQA Distribution, a subsidiary of Abu Dhabi National Energy Company (TAQA), during the World Utilities Congress 2025. The agreement aims to explore the deployment of integrated power and water solutions across Abu Dhabi’s …
EMSTEEL and TAQA Distribution partner to explore advanced utilities solutions Read More »
Continuing its pioneering path in the iron and steel industry, and affirming its ongoing commitment to the highest international quality standards, Algerian Qatari Steel Company (AQS) has obtained a certification for rebar in accordance with the technical requirements of the Kingdom of the Netherlands, issued by KIWA Netherlands. This accolade is the result of a …
Algerian Qatari Steel Obtains European Certification for Rebar from KIWA Netherlands Read More »
Emirates Steel, a subsidiary of the Amsteel Group, announced that rebar prices for June production will remain unchanged for the fifth consecutive month. The company maintained the rebar price at AED 2,660 ($724) per ton for shipments to Abu Dhabi. For shipments to Dubai, Sharjah, and the Northern Emirates, the price is AED 2,668 ($726). …
Emirates Steel Maintains Rebar Prices for June 2025 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 …
Steelmaking operations will be even greener at EMSTEEL thanks to the installation of an e-PGH Pilot (electric Process-Gas Heater) serving the DRI plant #1 at Abu Dhabi works, UAE, a plant that uses the Energiron technology jointly developed by Tenova and Danieli. The agreement for the supply of the industrial module follows the collaboration agreement …
EMSTEEL proceeds with carbon-reduction program with Danieli Read More »
Dr. Mostafa Madbouly, Prime Minister, held a meeting to review the challenges facing the iron and steel industry in Egypt and the mechanisms and steps to develop it. The meeting was attended by Lieutenant General Engineer Kamel El-Wazir, Deputy Prime Minister for Industrial Development and Minister of Industry and Transport; Dr. Sherif Farouk, Minister of …
According to the latest report issued by World Steel on crude steel production, Arab countries’ crude steel production reached 3.4 million tons in April, a 1.7% increase compared to April 2024. Egypt topped Arab steel production in April, with 831,000 tons, a decline of -7.2%. Saudi Arabia came in second place with 757,000 tons, a …
Arab countries’ crude steel production increased by 1.7% in April 2025. Read More »
The Egyptian government intends to issue new licenses for the production of billets, a key raw material in the iron industry, as part of a plan to reduce reliance on imports and meet growing domestic demand. Deputy Prime Minister for Industrial Development and Minister of Industry and Transport Kamel El-Wazir said, “The Egyptian government is …
Egypt Prepares to Issue Licenses for Production of Key Raw Material in the Iron Industry Read More »
The rebar market in Saudi Arabia witnessed a slight increase in prices during the period January-April 2025, recording a 2.3% increase compared to the same period last year, according to data from the General Authority for Statistics. According to the official report, the average price per ton of rebar during the months of January-April of …
Saudi Arabia: Rebar Prices Increase by 2.3% in January-April 2025 Read More »
The Iron and Steel Mines and Quarries Company recorded a jump in profits during the first nine months of the current fiscal year, with a growth rate of 281.42% year-on-year. The company stated in a statement to the Egyptian Exchange that it achieved a net profit after taxes of EGP 431.96 million during the period …
Egypt: Iron and Steel Mines Company’s Profits Jump 281.4% in 9 Months Read More »
NMDC Energy, a leading provider of engineering, procurement, and construction (EPC) services to offshore and onshore energy customers, announced the signing of a strategic Memorandum of Understanding (MoU) with Abu Dhabi-based Al Gharbia Pipe Company to explore opportunities to accelerate steel pipe production within the UAE, in line with growing local and regional demand. Al …
Saeed Ghumran Al Rumaithi, CEO of Emsteel Group, said that the group is serving as the metals and manufacturing sector partner for the 2025 edition of the forum, supporting the national industrial strategy. Al Rumaithi revealed that the group is expanding its production lines to supply the market with new steel products at a cost …
Emsteel Expands Production Lines at AED 625 Million Read More »
As part of the Arab Iron and Steel Union’s objectives to promote human development and enhance skills in the iron and steel sector, the Union trained a group of technicians from Ezz Dekheila Steel through the “Maintenance Management Systems” training program. The program covers the following topics: The concept of maintenance systems management Maintenance organizations …
Aldar Group has announced that it will become the first real estate developer in the Middle East and North Africa (MENA) region to use rebar manufactured using green hydrogen in a development project. The rebar, which will be locally sourced from Emsteel Group, one of the largest listed steel and building materials companies in the …
Aldar and Emsteel Collaborate to Promote Sustainable Steel Use 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 …
Emsteel recorded a net profit after tax of AED 86.3 million in the first quarter, a decrease of 32.6% compared to AED 128.2 million. As of March 31, 2025, the group maintained strong liquidity, with available cash of AED 881 million, compared to AED 823 million as of December 31, 2024. The group’s operations performed …
Emsteel’s profits reach AED 86.3 million in the first quarter of 2025 Read More »