The Arab Steel Summit 2025 opened at the Oman Convention and Exhibition Centre under the patronage of H E Qais bin Mohammed al Yousef, Minister of Commerce, Industry and Investment Promotion. Organised by the Arab Iron and Steel Union (AISU) and hosted by Vale, the two-day summit has brought together more than 600 officials, investors, […]
Arab Steel Summit to chart future of regional industry Read More »
The Arab Steel Summit 2025 was inaugurated under the patronage of H.E. Qais bin Mohammed Al Yousef, Minister of Commerce, Industry and Investment Promotion of Oman, with the participation of over 600 officials, investors, experts, and representatives of regional and international iron and steel companies. The event, organized by the Arab Iron and Steel Union,
The 18th Arab Steel Summit, which began its sessions on Tuesday morning in Muscat, Oman, praised Egypt and President Abdel Fattah El-Sisi for their firm stance on the Gaza crisis and for resisting ongoing Israeli attempts to forcibly displace the Palestinian people. This came during a speech delivered by Eng. Ahmed Ezz, Chairman of the
18th Arab Steel Summit Praises Egypt’s Stance on the Gaza Crisis Read More »
The Saudi Iron and Steel Company (Hadeed) has lowered long steel prices by SAR 75 (USD 20) per ton for October production. Under the new pricing, rebar (12-32 mm) is set at SAR 2,055 (USD 548) per ton, while wire rod (6.5-16 mm) is priced at SAR 2,245 (USD 599) per ton. Above prices are
Hadeed cuts long steel prices for October sales Read More »
EMSTEEL Group, one of the region’s largest publicly traded steel and building materials manufacturers, today announced the launch of TrueGreen™, a strategic sustainability identity that unifies its decades of decarbonisation initiatives. This new identity establishes industry standards for transparency and accountability in sustainable steel production. The launch follows a series of recent milestones, including becoming
EMSTEEL launches sustainable steel program (TrueGreen™) Read More »
Arab countries’ crude steel production reached 3.64 million mt in August 2025, recording a growth of 12.7% compared to the same period last year, while total output in the January–August period amounted to 28.26 million mt, up 6.1% year on year, according to the latest data released by the World Steel Association (WorldSteel). Gulf RegionGulf
Arab Countries’ Crude Steel Output Rises 6.1% in January–August 2025 Read More »
Emirates Steel, a subsidiary of EMSTEEL Group, has announced that rebar prices for October production will remain unchanged. The company kept the rebar price at AED 2,590 (USD 705) ex-works. The above prices do not include the 5% VAT. Headquartered in Abu Dhabi, Emirates Steel has an annual production capacity of 3.5 million tons of
Emirates Steel Maintains Rebar Prices for October 2025 Read More »
Jindal Steel Duqm, a subsidiary of Jindal Steel Group, has signed a contract with Danieli to build a second hydrogen-ready direct reduction plant for the production of hot-briquetted iron (HBI) in Duqm, Oman. This project comes as part of the company’s expansion into low-carbon steel production, following the launch of its first Energiron DRI plant
Oman : Jindal Steel Duqm orders second hydrogen-ready DRI plant Read More »
EMSTEEL, a leading steel and building materials manufacturer in the region, continues to advance its efforts toward a low-carbon economy. Its initiative to produce low-carbon cement at its Al Ain plant marks a significant step forward on this path. The initiative combines industrial innovation with circular economy principles to address the environmental challenges associated with
EMSTEEL Transforms Iron Residues into Low-Carbon Cement Read More »
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
EMSTEEL Launches the World’s First Pilot of Electric Process Gas Heaters in Steelmaking Read More »
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
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
‘EMSTEEL’ delivers first hydrogen-based rebar to ‘Aldar’ Read More »
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
Emirates Steel Raises Rebar Prices for September 2025 Read More »
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
“Hadeed” Announces Long Steel Product Prices for September 2025 Read More »
Rise in Rebar Prices in Saudi Arabia in H1 of 2025 Read More »
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
Nakheel Awards AED 2.6 Billion Contract for “Gulf Villas” Project in Dubai Islands Read More »
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
Emsteel Becomes First Middle Eastern Company to Attain ResponsibleSteel™ Certification Read More »
Qatar Steel Boosts Revenue and Production in H1 2025 Read More »
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
Yamamah Steel’s Profits Jump 138% in Q3 to SAR 15.4 Million Read More »
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
Emsteel Reports AED 188 Million in First-Half Profit, a 7.7% Increase Read More »
The Egyptian rebar market witnessed fluctuations in production and sales in the first half of 2025, amidst local economic pressures and changes in demand and prices. The following are the most prominent indicators recorded in this period: First: Domestic Rebar Production Egypt’s total rebar production in the period from January to June 2025 amounted to
Report: Performance of the Egyptian Rebar Market in H1 of 2025 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 »
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 »
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 »
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
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
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 »
