Arab Steel Summit 2025
Arab Steel Summit 2025

wessam ahmed

Rebar production in Egypt witnesses record numbers in December 2024

Egypt’s rebar production witnessed a remarkable increase in the past month of December, as it exceeded one million tons for the first time and reached 1.025 million tons, an increase of 58% compared to the production of December 2023, accompanied by an increase in rebar sales, which recorded 876 thousand tons in December 2024, by …

Rebar production in Egypt witnesses record numbers in December 2024 Read More »

Turkey’s Tosyali aims to cover 50% of energy needs from renewable sources

Turkish steel company Tosyalı Holding plans to invest almost $1 billion in a 1.2 GW solar energy project for self-consumption in eight provinces. This is reported by Balkan Green Energy News. The first 120 MW is expected to be commissioned in 2025 in Osmanje in the south of the country. The full design capacity is expected to …

Turkey’s Tosyali aims to cover 50% of energy needs from renewable sources Read More »

Newsletter 04-2025

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Newsletter 03-2025

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Newsletter 02-2025

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Newsletter 01-2025

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Newsletter 52-2024

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Egypt: Rebar production, consumption and prices to decline in November 2024

Egypt’s crude steel production in November decreased by 11% compared to last October to 842,000 tons, and by 9% compared to November 2023, accompanied by a decrease in the rebar production by 10% compared to last October to 763,000 tons, and by 3% increase compared to November 2023. As for local market consumption, rebar sales …

Egypt: Rebar production, consumption and prices to decline in November 2024 Read More »

Arab countries’ crude steel production to rise by 2.5% during January-November 2024

According to the latest report issued by the World Steel Organization on crude steel production, Arab countries’ crude steel production amounted to 3.5 million tons during November 2024, an increase of 2.5% compared to November 2023. Saudi Arabia topped Arab countries in steel production during November with a production volume of 851 thousand tons and …

Arab countries’ crude steel production to rise by 2.5% during January-November 2024 Read More »

Newsletter 51-2024

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Newsletter 50-2024

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Newsletter 49-2024

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Newsletter 48-2024

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Japan calls on Biden to approve the “Nippon-US Steel” deal Before Trump assumed the presidency

Japanese Prime Minister Shigeru Ishiba sent a letter to US President Joe Biden asking him to approve Nippon Steel’s acquisition of US Steel. To avoid spoiling recent efforts to strengthen relations between the two countries, according to two sources familiar with the matter. Biden joined a powerful American labor union in opposing the acquisition of …

Japan calls on Biden to approve the “Nippon-US Steel” deal Before Trump assumed the presidency Read More »

US President-elect Trump sets new tariffs that may raise aluminum and steel prices in America

President-elect Donald Trump’s plan to impose 25% tariffs on all goods from Canada and Mexico would push steel and aluminum prices across the United States higher, according to Citigroup analysts. Aluminum and steel face the biggest impacts from Trump’s tariff threat, with Canada and Mexico being major suppliers to the United States, according to analysts …

US President-elect Trump sets new tariffs that may raise aluminum and steel prices in America Read More »

An agreement between the “Saudi Railways” and the French “Alstom” to raise the readiness of the Eastern Railways

The Saudi Railways (SAR) signed a contract with the French company Alstom Transport SA to raise the level of readiness of the Al Sharq network train fleet. This came on the sidelines of the Saudi Railways Exhibition and Conference, in Riyadh. The agreement aims to “provide training and qualification services to SAR employees, invest in …

An agreement between the “Saudi Railways” and the French “Alstom” to raise the readiness of the Eastern Railways Read More »

Ukrainian scrap exports increased by 54.5% during January-October 2024

In January-October 2024, the Ukrainian scrap industry increased exports of ferrous scrap by 54.5% compared to the same period in 2023, to 226.97 thousand tons. This is evidenced by the data of the State Customs Service. In October, shipments of raw materials abroad decreased by 0.9% compared to the previous month, but increased by 55.4% …

Ukrainian scrap exports increased by 54.5% during January-October 2024 Read More »

Japanese crude steel output up 4.6 percent in October from September

In October this year, Japanese crude steel production was up by 4.6 % compared to the previous month and down by 7.8 % compared to October 2023, totaling 6.92 million mt, according to the data released by the Japan Iron and Steel Federation (JISF). Meanwhile, in the given month Japan’s pig iron production totaled 5.07 …

Japanese crude steel output up 4.6 percent in October from September Read More »

Newsletter 44-2024

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Newsletter 43-2024

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Newsletter 42-2024

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Newsletter 40-2024

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World crude steel production declined by 6.5% during August 2024

World crude steel production for the 71 countries reporting to the World Steel Association (worldsteel) was 144.8 million tonnes (Mt) in August 2024, a 6.5% decrease compared to August 2023. Africa produced 1.9 Mt in August 2024, down 7.2% on August 2023. Asia and Oceania produced 107.1 Mt, down 8.0%. The EU (27) produced 9.1 …

World crude steel production declined by 6.5% during August 2024 Read More »