Ezz_steel1
kuwait_steel1
imatal4

Egypt

The latest update on rebar prices in Egypt is November 27, 2023

According to the daily monitoring of steel prices in Egypt, the prices of rebar ranged between EGP 39,900 EGP  35,750 EXW. This week witnessed stability in the prices of all companies, Ezz Steel EGP 36,000, Suez Steel EGP 36,000, Egyptian Steel EGP 38,000 El Marakby Steel EGP 38,000, Ashry Steel EGP 38,000, and Garhy Steel …

The latest update on rebar prices in Egypt is November 27, 2023 Read More »

Egypt’s climate envoy: International financing can help decarbonize heavy industries

Climate pioneer Mahmoud Mohieldin said that the financing plan, which relies on funding from Western donors to help developing countries switch to cleaner energy generation, can be replicated in heavy industries and other sectors where it is difficult to mitigate emissions. Mohieldin, who serves as climate lead for the Egyptian presidency of the UN Climate …

Egypt’s climate envoy: International financing can help decarbonize heavy industries Read More »

World crude steel production increased by 0.6% in October 2023

World crude steel production for the 71 countries reporting to the World Steel Association (worldsteel) was 150.0 million tonnes (Mt) in October 2023, a 0.6% increase compared to October 2022. Africa produced 1.9 Mt in October 2023, up 3.5% on October 2022. Asia and Oceania produced 108.8 Mt, up 0.8%. The EU (27) produced 10.6 …

World crude steel production increased by 0.6% in October 2023 Read More »

Egypt’s iron and steel exports increased to $1.7 billion in 9 months

Exports of Egyptian building materials, refractories, metal industries, and construction increased for the period from January to September 2023 to achieve a value of 6 billion and 279 million dollars compared to the same period in 2022 when they recorded a value of 5 billion and 228 million dollars, an increase of 20%. Egypt’s iron …

Egypt’s iron and steel exports increased to $1.7 billion in 9 months Read More »

Arab Iron and Steel Union participates in the 58th regular meeting of the Arab specialized federations

The 58th regular meeting of the specialized Arab federations operating within the framework of the Council of Arab Economic Unity of the League of Arab States was held today in the city of Cairo – Arab Republic of Egypt, with the participation of the Arab Iron and Steel Union. In their speeches, the attendees affirmed …

Arab Iron and Steel Union participates in the 58th regular meeting of the Arab specialized federations Read More »

Report : Production, sales, and prices of rebar in Egypt in January to September 2023

According to data collected from the Arab Iron and Steel Union, Egypt’s production of rebar during the period from January to September of this year amounted to 5.753 million tons, a decline of 10.2% compared to the same period last year, which amounted to 6.405 million tons. The first half of this year witnessed a …

Report : Production, sales, and prices of rebar in Egypt in January to September 2023 Read More »

Egypt: Ezz Steel announces new prices for flat steel

Ezz Steel Group announced new prices for flat steel after prices remained unchanged for about 9 months and prices rose from 34,485 EGP to 37,000 EGP per tonne, factory delivery, including value-added tax. Statement including VAT Flat Steel 37,000

Egypt: 15.7 million pounds in iron and steel sales to mines in September

The company explained in a statement to the Egyptian Stock Exchange that sales of Bahariya Oasis mines during September amounted to 15.69 million pounds. She added that the sales value of the Bani Khaled-Samalut quarries recorded about 32.43 thousand pounds. It is noteworthy that iron and steel for mines and quarries achieved 127.81 million pounds …

Egypt: 15.7 million pounds in iron and steel sales to mines in September Read More »

Türkiye’s consumption of steel products increased by 18.5% in January-September 2023

In September 2023, Turkey’s consumption of steel products increased by 30.3% compared to September 2022, reaching 2.8 million tons, according to data from the Turkish Steel Producers Association (TDCU). Steel production in Turkey in September reached 2.89 million tons, an increase of 8.4% compared to September 2022. Steel product exports for the month decreased by …

Türkiye’s consumption of steel products increased by 18.5% in January-September 2023 Read More »

The latest update on rebar prices in Egypt is November 08, 2023

According to iron prices daily monitoring in Egypt, rebar prices ranged between EGP 34,000 – and EGP 31,500 EXW. The companies that did not change prices are Ezz Steel EGP 32,135. Suez Steel, EGP 32,050, El-Marakby Steel, EGP 32,000 and El-Garhy Steel, EGP 31,500. The companies that raised prices are Beshay Steel, EGP 39,900, Egyptian …

The latest update on rebar prices in Egypt is November 08, 2023 Read More »

US rebar imports down 64.1 percent in September with Egypt and Algeria in the lead

According to preliminary data from the US Department of Commerce, total US imports of rebar reached 55,531 tons in September 2023, down 64.1% from August and 48.6% from September 2022 levels. In terms of value, total rebar imports reached $33.7 million in September 2023, compared to $93.8 million in August, and $82.9 million in September …

US rebar imports down 64.1 percent in September with Egypt and Algeria in the lead Read More »

Egypt: The business sector is discussing with the Chinese “Shengli” cooperation in developing Delta steel

Mahmoud Esmat, Minister of the Public Business Sector, discussed with Cheng Chuite, Chairman of the Board of Directors of the Chinese Shengli Group of Companies, and the delegation accompanying him, aspects of cooperation and ways of partnership to continue the Delta Steel Company development project, increase operation, reach production to maximum capacity, and add new …

Egypt: The business sector is discussing with the Chinese “Shengli” cooperation in developing Delta steel Read More »

Arab Steel Summit calls for the creation of an alternative Arab regional market in light of the global environmental restrictions

The 16th Arab Steel Summit was held last Sunday in the Arab Republic of Egypt, which was organized by the Arab Iron and Steel Union in cooperation with Ezz Steel, under the patronage of His Excellency the Minister of Trade and Industry, Eng. Ahmed Samir. It is the largest and most important event for steel …

Arab Steel Summit calls for the creation of an alternative Arab regional market in light of the global environmental restrictions Read More »

16th Arab Steel Summit: A visit to Ezz Steel Company in Ain Sokhna

On the third day of the 16th Arab Steel Summit activities, Ezz Steel Company organized a visit to Ezz Steel Company in Ain Al-Hajah, where they listened to a comprehensive explanation of the production process from the stage of reducing iron ore in direct reduction factories and converting it into high-purity iron, as well as …

16th Arab Steel Summit: A visit to Ezz Steel Company in Ain Sokhna Read More »

Electing Dr. Othman Al-Malaki as Chairman of the Technical Committee of the Arab Iron and Steel Union, and Eng. Mohamed Fouad Imam as Deputy

The first meeting of the Technical Committee of the Arab Iron and Steel Union was held today at the Royal Maxim Palace Kempinski Hotel in Cairo – Arab Republic of Egypt. It is a procedural meeting where the internal law of the Technical Committee was approved and Dr. Othman Al-Malaki, Executive Director of the Technology …

Electing Dr. Othman Al-Malaki as Chairman of the Technical Committee of the Arab Iron and Steel Union, and Eng. Mohamed Fouad Imam as Deputy Read More »