World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 158.1 million tonnes (Mt) in June 2022, a 5.9% decrease compared to June 2021. Africa produced 1.2 Mt in June 2022, down 18.7% from June 2021. Asia and Oceania produced 118.8 Mt, down 3.1%. The EU (27) produced 11.8 …
World crude steel production decreased by 5.9 % in June 2022 Read More »
According to the prices of the global steel markets, the scrap price reached 373$/tonne , Iron ore price was 100$/tonne , while the prices of billets ranged between 555 and 680$/tonne, and the prices of rebar ranged between 670 and 700$ / tonne, Wire Rod ranged between 750 and 750$ / tonne. Prices for iron …
Egypt AlGioshy Steel Capacity 2019 – 1000 tons COMPANY Long products AlGioshy Steel 300
Egypt ARCOSTEEL Capacity 2019 – 1000 tons COMPANY Long products Semi-finished products EAF steel ARCOSTEEL 200 200 200
Egypt ELOLA Steel Capacity 2019 – 1000 tons COMPANY Long products CR flats ELOLA Steel 120 80
Egypt Egyptian Steel Capacity 2019 – 1000 tons COMPANY Long products Semi-finished products EAF steel Egyptian Steel 1.200 830 830
Contact: Address:63 Colonel Bougherra Street – El Biar – Algeria Tel: 21321921220+ Fax:21321921430+ Email:[email protected] Web: www.sapta.dz
Contact: Address: Station Road PO Box 131 – Al Raghayah Tel: 2133851095+ Fax: 21341246639+ Email: [email protected] Web: www.anabib.com
FOULATH Established in June 2008 in the King of Bahrain , Foylath Holding BSA (c) (“Foulath”) is an investment vehicle and holding company mainly focused on investing in the growth of the steel industry in the Gulf Cooperation Council (GCC) countries and broader Middle East and North Africa (MENA) region. With investments at current …
Egypt Ashry Steel Group Established in 1980, Ashry Steel Group consists of seven companies specialized in the field of iron and steel industry by producing a wide range of products ranging from reinforcing steel, light sectors and production of longitudinal welding pipes. Rolls of iron sheet and rectification and the production of beam Sigal …
Saudi Arabia Al-Ittefaq Steel Al-Ittefaq Steel – one of the largest and reputed steel manufacturers in GCC. The integrated facility – embraced with State-Of-Art technologies, skilled manpower, continuous innovation/investments and social responsibilities. The largest private sector steel manufacturer in KSA responsible and responsive to the country, communities and environments in which it works. We have production facilities that deliver …
Saudi Arabia National Committee for Steel Industry contact: Tel: 2163 218 11 966+ Fax: 2111 218 11 966+ Email: [email protected] Web: https://www.ncsi.org.sa
An exemption for UK steel and aluminium products from additional US tariffs imposed under former President Donald Trump came into force on June 1. According to the new deal, British manufacturers will be allowed to export up to 500,000 tonnes of steel and 21,600 tonnes of aluminium to the United States annually without being subject …
Exemption for British steel products from US tariffs takes effect Read More »
South Korea’s energy imports spiked more than 85 percent this year on soaring international prices, government data showed Monday, burdening the country’s trade balance and consumer inflation. The country’s imports of oil, natural gas and coal came to $38.49 billion from Jan. 1-March 20, up 85.4 percent from a year earlier, according to the data …
The Board of Directors of EL Ezz Aldekhela Steel held on 9/12/2021, approved the purchase of 18% of the total equity in the Egyptian Steel Company for the management of steel mill projects from Ahmed Hamdi Abu Hashima, the founding partner, and the Abu Hashima Steel Company for the management of steel projects. The total …
Ezz Aldekhela Steel agrees to buy 18% of Egyptian Steel for EGP 2.5 billion Read More »
Ukraine has decided to raise the export duty on ferrous scrap from EUR 58/ton to EUR 180/ton. The new duty will be effective in early 2022. The government will spend around one month to enact the parliament’s decision. Ukrainian steelmakers’ association Ukrmetallurgprom expressed its concerns on soaring scrapexports in mid-2021 and asked Ukraine’s Deputy Prime …
Ukraine raises export duty on ferrous scrap from EUR 58/ton to EUR 180/ton Read More »
On Monday, December 6, 2021, the Minister of Commerce and Export Development, Fadila Al-Rabihi, issued a decision setting the selling prices of rebar. The decision included raising the prices of various types of rebar, while setting the profit margin in total and in detail at 100 dinars per ton without calculating the added value, including …
Oil prices climbed by about 4% on Tuesday, extending the previous day’s almost 5% rebound on easing concerns over the impact of the Omicron coronavirus variant on global fuel demand. Brent crude futures were up $2.89, or 4%, at $75.97 a barrel by 12.36 pm ET (1736 GMT), having earlier touched a session high of …
Oil prices rise 4% as easing concerns over impact of the Omicron coronavirus Read More »
In the January-October period of this year, Turkey’s rebar exports amounted to 6.17 million metric tons, up 39.6% year on year, while the revenue generated by these exports totaled $3.88 billion, increasing by 105.4% compared to the same period of 2020. In the given period ,Yemen was among the largest importers of rebar from Turkey, …
Turkey’s rebar exports increase by 39.6% in January – October Read More »
The Building Materials Division of the Chambers of Commerce announced that steel prices in Egypt recorded levels of 15,000 pounds in some factories and reached a maximum of 15,500 pounds, according to what was announced by the producing factories, and it reaches the consumer at levels up to 16,000 pounds, despite announcing the abolition of …
Egypt: stability of iron prices in the local market and a jump in steel exports Read More »
China released a plan for the green development of its industrial sectors during the 14th Five-Year Plan period (2021-2025), a step forward in the country’s pursuit of low-carbon growth. By 2025, significant progress will have been made in the green and low-carbon transformation of China’s industrial structure and production, with technologies and equipment for green …
China issues 5-year plan to boost green development of industrial sectors Read More »
According to the latest monthly Turkish Statistical Institute (TUIK) data, Turkish steel mills’ sections exports in the first nine months of the year totalled 1.59 million mt, up by 15.7% year on year Morocco was the top destination for Turkish sections in January-September at 106,700 mt, up by 17% on year, while exports to Malaysia …
Turkey’s exports of steel Sections rise in Jan. – Sep. , Morocco top market Read More »
Thailand’s Committee of Dumping and Subsidy has announced final antidumping duty (AD) on hot rolled coil (HRC) imported from Vietnam and Egypt, for a period of five years. The final antidumping duties on the given products are at 24.38 percent for Vietnambased Formosa Ha Tinh Steel Corporation and 42.34 percent for other Vietnamese companies, while …
Thailand issues final AD duty on HRC from Vietnam and Egypt Read More »
Indian steelmaker Tata Steel has drawn up plans to augment annual production from its captive iron ore mines to 45 million mt within the next five years from the current output of 30 million mt per year, a company official said. The higher annual iron ore production would come from the expansion of its operational …
Tata Steel to ramp up iron ore output 50% within five years Read More »
Italy-based plantmaker Danieli has announced that it will supply two bloom casting machines to Chinese steelmakers Chengde Jianlong and Jiangsu Yonggang, to meet the growing demand for components required by the power-generation industry worldwide. The casters will be able to produce large round sections from 700 mm to 1,200 mm diameter, with total annual production …
Saudi Pipes Company announced that it has won contracts to supply steel pipes for oil and gas to Tenars Global Service in Uruguay, with an estimated value of 52.4 million riyals. The company said in a statement posted on the Saudi market website, “Tadawul”, that the contract term is 3 months. It expected that the …
“Saudi Pipes” wins contracts to supply pipes in Uruguay with 52.4 million riyals Read More »
Aurubis AG and the SMS group, based in Düsseldorf, signed a contract today for the construction of a multimetal recycling plant in the United States. As Aurubis announced on November 10, construction of the new Aurubis recycling plant will start in mid-2022 in Augusta (Richmond County) in the state of Georgia. Upon commissioning (scheduled for …
AURUBIS AND SMS TO COOPERATE IN CONSTRUCTION OF MULTIMETAL RECYCLING PLANT IN US Read More »
Oil prices recorded at the end of trading today, following the announcement of the new African mutation of Covid-19, as Brent crude lost 11%, recording $72.9 per barrel, and US crude lost more than 13% to trade below $69 per barrel, and this is the biggest loss for the oil markets in the last two …
Emirates Steel, takes part in in the 4th Global Manufacturing and Industrialisation Summit (GMIS 2021), Under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, the GMIS 2021 is currently held at the Dubai Exhibition Centre, Expo 2020 from 22nd to 27th November, 2021. During …
Emirates Steel highlights digital transformation across steel industry at GMIS 2021 Read More »
Arab Iron and Steel Union was established in Algeria in 1972 as the first Arab Union of the Arab countries to be founded under the Council of Economic Unity umbrella in the League of Arab States.
It is the first Arab organization to specialize in the iron and steel field, and its tasks fall within making plans aimed mainly at developing and growing the iron and steel industry in the Arab world.
Arab Iron and Steel Union comprises a wide range of multi-activity companies related to the iron and steel industry from the Arab countries.
General Secretariat
Tel +21323304221 – +21323304239
Fax +21323304254
Mail: [email protected]
Cairo Regional Office
Tel +20233356219 Fax +20233374790
Mail: [email protected]
