• Thursday 30 July 2026
Youtube Linkedin Facebook
Arab Steel Summit
Search

Middle East

After stopping more than 20 years…Reopening of the iron and steel factory in Basra

News /

Prime Minister Muhammad Shiaa Al-Sudani opened the iron and steel factory in Basra Governorate, after it had been closed since 2003. Al-Sudani’s office said in a statement received by ABC Arabia, “Prime Minister Muhammad Shia’ al-Sudani opened in Basra the rolling mill, one of the factories of State Company For Iron and Steel, with a […]

After stopping more than 20 years…Reopening of the iron and steel factory in Basra Read More »

National Housing Company (NHC) and “Saudi Talaat Mustafa Group” sign the launching ceremony of the Banan City project in the Al Forsan suburb.

News /

Today, Majid bin Abdullah Al-Hogail, Minister of Municipal, Rural Affairs and Housing, witnessed the launch ceremony of the Banan project in the Al-Fursan suburb of Riyadh, in the presence of Mohammed bin Saleh Al-Bati, CEO of the National Housing Company, and Hisham Talaat Mustafa. Chairman of the Board of Directors of “Talaat Mustafa Group –

National Housing Company (NHC) and “Saudi Talaat Mustafa Group” sign the launching ceremony of the Banan City project in the Al Forsan suburb. Read More »

General Manager of the Algerian Qatari Steel : About $1.2 billion in the company’s transaction volume in 2023

News /

Mr. Youssef bin Ahmed Al-Mohannadi, member of the Board of Directors and General Manager of the Algerian-Qatari Steel Company, revealed that the company’s turnover reached about 1.2 billion dollars in the year 2023. After the production pace reached nearly 1.7 million tons of finished products, more than 700 thousand were exported. tons of it to

General Manager of the Algerian Qatari Steel : About $1.2 billion in the company’s transaction volume in 2023 Read More »

Egypt considers establish an iron and steel complex worth $4 billion by Danieli

News /

The Egyptian government is evaluating a proposal made by Italian plantmaker Danieli to build an integrated green iron and steel complex, entailing an investment of $4 billion, according to the statement released by the country’s cabinet of ministers. The government estimates that the proposed project could attract $2-3 billion worth of investments to create a

Egypt considers establish an iron and steel complex worth $4 billion by Danieli Read More »

Production and sales of rebar in Egypt declined and its prices rose

News, Public Reports /
According to data collected from the Arab Iron and Steel Union, Egypt’s production of rebar in 2023 declined by 4.1% compared to production in 2022, reaching 8.045 million tons, as the first half of 2023 witnessed a decline of 19.6% compared to the same period in 2022, while the second half witnessed an improvement. By 13.3% compared to the same period in 2022 and an improvement of 25.5% compared to the first half of 2023.
[elementor-template id="11064"]

Production and sales of rebar in Egypt declined and its prices rose Read More »

Emirates Steel Arkan cooperates with the Finnish Magsworthto Reduce CO2 emissions

News /

Following COP28 commitment and contributing to the UAE First Long-Term Strategy (LTS) demonstrating commitment to Net Zero by 2050, Emirates Steel Arkan (ESA), one of the largest publicly traded steel and building materials manufacturers in the region, announced its strategic collaboration with MAGSORT, a Finnish decarbonization company, to drive an innovative initiative across its Al

Emirates Steel Arkan cooperates with the Finnish Magsworthto Reduce CO2 emissions Read More »

Opening of a complex for manufacturing and supplying steel pipes with investments of 220 million dirhams in Abu Dhabi

News /

Tenaris, a company specialized in manufacturing and supplying steel pipes, opened a new industrial complex in Abu Dhabi under the name Etihad Pipes, with an investment of 220 million dirhams. The new industrial complex was established under a long-term partnership between ADNOC and Tenaris. The new complex has an area of 200,000 square meters and

Opening of a complex for manufacturing and supplying steel pipes with investments of 220 million dirhams in Abu Dhabi Read More »

CEO of Emirates Steel Group, Arkan: Emirates Steel’s share is between 60-65%

News /

Saeed Ghumran Al Rumaithi, CEO of Emirates Steel Group Arkan, confirmed that the UAE is considered one of the few countries recording growth in demand for iron in light of the current global circumstances, indicating the company’s keenness to stabilize iron prices in the local market. Al-Rumaithi explained that the local market recorded an increase

CEO of Emirates Steel Group, Arkan: Emirates Steel’s share is between 60-65% Read More »

Emirates Steel Arkan achieves profits of 602 million dirhams in 2023, with a growth of 18%

News /

Emirates Arkan Steel announced an 18% growth in net profits to 601.9 million dirhams, compared to net profits of 510.2 million dirhams in 2022. These positive results reflect the strong demand from local and international customers for value-added products, the continuous improvement in the revenues and profits of the building materials unit, as well as

Emirates Steel Arkan achieves profits of 602 million dirhams in 2023, with a growth of 18% Read More »

Yamamah Steel achieves profits of 29.5 million riyals at the end of Q1 end of December 2023

News /

Al Yamamah Steel Industries Company, which manufactures metal products to serve the construction, electricity and communications sectors, achieved profits of 29.5 million riyals at the end of the first quarter ending in December 2023. This compared to losses of 41.9 million riyals achieved during the same period in 2022. Quarterly comparison (million) item Q1 2023

Yamamah Steel achieves profits of 29.5 million riyals at the end of Q1 end of December 2023 Read More »

Muhaj Baghdad signs with Danieli to develop rolling mill plant

News /

Muhaj Baghdad, an Iraqi-based company, has signed a contract with Danieli to develop a new 500,000-tpy rolling mill facility plant for rebar. The planned facility plant would use Danieli’s high-speed rolling technology to create high-quality rebar with a diameter of 10 to 40 mm. The plant will be constructed in the industrial district of Al-Hilla,

Muhaj Baghdad signs with Danieli to develop rolling mill plant Read More »

AISU trained a group from Bahrain Steel in the field of iron ore pelletizing

News /

Within the framework of the objectives of the Arab Iron and Steel Union to focus on human development and raising skills in the field of iron and steel, the Union trained a group of engineers and technicians at the Bahrain Steel Company through the training program “Iron Ore Pelletization Technology” . The program addresses the

AISU trained a group from Bahrain Steel in the field of iron ore pelletizing Read More »

Al Jazeera Steel Products signed a memorandum of understanding to transport raw materials via the Omani-Emirati railway network

News /

Oman and Etihad Rail signed a memorandum of understanding with Al Jazeera Steel Products Company to establish a strategic framework for cooperation in the field of logistical solutions for transporting raw materials and finished products in a more efficient, effective and sustainable manner. Under the memorandum, “Oman and Etihad Rail” will employ the Omani-UAE railway

Al Jazeera Steel Products signed a memorandum of understanding to transport raw materials via the Omani-Emirati railway network Read More »

Qatar Energy awards contracts worth $6 billion for the project to develop the largest oil field in Qatar

News /

Qatar Energy Company announced the award of contracts worth $6 billion for a project to increase oil production from Al Shaheen Field, the largest oil field in Qatar, by about 100,000 barrels per day. According to a statement published by Qatar Energy Company on its website, four main contract packages have been awarded for engineering,

Qatar Energy awards contracts worth $6 billion for the project to develop the largest oil field in Qatar Read More »

The Saudi Iron and Steel Company announces an increase in rebar prices for February

News /

The Saudi Iron and Steel Company (Hadeed) announced the official prices for selling rebar for February at 2,350 Saudi riyals per ton ($627 per ton), an increase of 25 Saudi riyals per ton ($7 per ton) compared to the level of January. The company resorted to this increase to balance costs. Despite the sufficient local

The Saudi Iron and Steel Company announces an increase in rebar prices for February Read More »

Emirates Steel Arkan signs a contract worth $2 billion with Bahrain Steel

News /

Emirates Steel Arkan  announced that it has signed a 5-year contract with Bahrain Steel to supply iron ore pellets. The contract, worth about $2 billion (about 7.3 billion dirhams), was signed at the fourth meeting of the Integrated Industrial Partnership Initiative for Sustainable Economic Development, which was recently held in Bahrain. The new agreement will

Emirates Steel Arkan signs a contract worth $2 billion with Bahrain Steel Read More »

Saudi Arabia signs a memorandum of understanding with the Brazilian Vale Company for the iron ore project

News /

The Royal Commission for Jubail signed a memorandum of understanding with the Brazilian mining company Vale to develop an iron ore briquette project in the Kingdom. The memorandum of understanding was signed on the sidelines of the Future Metals Forum, which lasted for two days, during which the Brazilian company presented its ambitious plans in

Saudi Arabia signs a memorandum of understanding with the Brazilian Vale Company for the iron ore project Read More »

Al-Jazeera Steel’s profits increased to 4.13 million riyals, 32%, by the end of 2023

News /

The profits of Al-Jazeera Steel Company, which operates in the iron pipe industry, rose to 4.13 million Omani riyals (33 baisa/share) by the end of 2023. This is compared to profits of 3.14 million riyals achieved in the same period in 2022, as the following table shows: Income List Period 2022 2023 Changes Revenue (million

Al-Jazeera Steel’s profits increased to 4.13 million riyals, 32%, by the end of 2023 Read More »

Bahrain : Sulb reports strong production performance in 2023

News /

Steel producer Sulb has achieved significant production milestones in 2023, with notable increases across its operations, the company said in a statement. The company’s melt shop reached a production of 1.265 mln tons. while the direct reduction plant hit 1.619 mln tons, and the heavy section mill achieved 653,000 tons. Additionally, Saudi Sulb marked a

Bahrain : Sulb reports strong production performance in 2023 Read More »

Bahrain Steel signs an agreement to finance a $450 million sustainability loan to reduce carbon

News /

Bahrain Steel Company, the world leader in the production and supply of high-quality iron pellets, announced the signing of a seven-year joint sustainable financing contract worth $450 million. This important financing confirms the company’s firm commitment to environmental, social and corporate governance principles, in addition to the banking alliance’s commitment to their clients to consolidate

Bahrain Steel signs an agreement to finance a $450 million sustainability loan to reduce carbon Read More »

Search
Whatsapp Instagram Youtube Twitter Facebook