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Arab Steel Summit

Jordan

World’s crude steel production declined by 1.6% in January 2024, and Arab countries increased

World crude steel production for the 71 countries reporting to the World Steel Association (worldsteel) was 148.1 million tonnes (Mt) in January 2024, a 1.6% decrease compared to January 2023. Crude steel production by region Area Jan 2024 (Mt) % change Jan 24/23 Jan-Jan 2024 (Mt) % change  24/23 Africa 2.0 16.3 2.0 16.3 Asia …

World’s crude steel production declined by 1.6% in January 2024, and Arab countries increased Read More »

World crude steel production increased by 3.3% in November 2023

World crude steel production for the 71 countries reporting to the World Steel Association (worldsteel) was 145.5 million tonnes (Mt) in November 2023, a 3.3% increase compared to November 2022. Africa produced 1.8 Mt in November 2023, up 3.1% on November 2022. Asia and Oceania produced 104.8 Mt, up 2.2%. The EU (27) produced 10.6 …

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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 …

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Jordan Steel announces rebar prices for August 2023

Jordan Steel Company announced the rebar prices for August for the 60-gauge steel EXW, between 425-435 dinars per tonne without sales tax and between 505-515 dinars per tonne with tax.   Grade Price without tax Price with tax Sales / tonnes Sales / tonnes Min Max Min Max 60 425 435 505 515

Jordan Steel announces rebar prices for July 2023

Jordan Steel Company announced the rebar prices for July for the 60-gauge steel EXW, between 430-450 dinars per tonne without sales tax and between 500-520 dinars per tonne with tax.   Grade Price without tax Price with tax Sales / tonnes Sales / tonnes Min Max Min Max 60 430 450 500 520

$186.8 billion is the contribution of “building and construction” to the Arab economies

The Arab Monetary Fund revealed that the construction sector in the Arab countries has recovered from the effects of the “Covid-19” pandemic, and the sector’s contribution to the GDP for the year 2021 amounted to about $186.8 billion, compared to $178.3 billion in 2020, with a growth of 4.7%. The Fund added, in a report, …

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The rise in the GDP of the Arab countries in 2022, with Saudi Arabia in the lead

The gross domestic product (GDP) at the current prices of the Arab countries is likely to rise by 21% this year to reach about $3.4 trillion, “representing 3.35% of the global economy,” compared to $2.81 trillion in 2021 “representing 2.92% of the global economy.” According to the monitoring unit of the reports in the “Al …

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Arab Mining Company

 Jordan Arab Mining Company Based on the Arab Economic Unity Council’s resolution which was adopted on 06/10/1975, the Arab Mining Company was established in order to strengthen cooperative relations between Arab countries in terms of investing in mineral wealth. This resolution would result in diverse economic investments in productivity and development projects. This cooperation is …

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JORDAN STEEL GROUP

  JORDAN STEEL GROUP   Headquartered in Amman, Jordan, Jordan Steel Group is a leading steel maker with strong presence across the region. The company supplies unparalleled steel solutions in the region. Listed in the Jordan Stock Market under “JOST”, SINCE ITS ESTABLISHMENT IN 1993, the company has earned credibility among investors and steel manufacturers. …

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