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Arab Steel Summit

Yemen

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 …

World crude steel production increased by 3.3% in November 2023 Read More »

Turkey’s rebar exports decrease by 43.3% in January-October

In October this year, Turkey’s rebar exports amounted to 283,092 metric tons, down by 30.3% compared to September and by 23.0% year on year, according to the preliminary data provided by the Turkish Statistical Institute (TUIK). Meanwhile, the revenue generated by these exports totaled $170.57 million, declining by 25.9% compared to the previous month and …

Turkey’s rebar exports decrease by 43.3% in January-October 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 »

Türkiye’s rebar exports decreased by 48% during January-August 2023

In August this year, Turkey’s rebar exports reached 370,830 tonnes, an increase of 12.1% compared to July and a decrease of 35.8% year-on-year, according to preliminary data from the Turkish Statistical Institute (TUIK). Meanwhile, the total revenue generated from these exports amounted to $218.56 million, an increase of 6% compared to July and a decrease …

Türkiye’s rebar exports decreased by 48% during January-August 2023 Read More »

Turkey’s rebar exports decreased by 17.8% from January to September 2022

In September of this year, Turkey’s rebar exports reached 507.660 tonnes, down 12.3 per cent compared to August and down 29.4 per cent year on year, according to preliminary data from the Turkish Statistical Institute (TUIK). Meanwhile, the total revenue generated by these exports amounted to $340.24 million, down by 10.8% compared to August and …

Turkey’s rebar exports decreased by 17.8% from January to September 2022 Read More »

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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Restarting Mukalla Steel Factory, with a production capacity of 10,000 tons per month

Mukalla Iron and Steel Company Ltd. has resumed restarting the factory with a production capacity of 10,000 tons as a first stage, and production will be raised in the future to 25,000 tons per month. The factory was forced to stop in 2012, due to the lack of raw materials and foreign experts, as well …

Restarting Mukalla Steel Factory, with a production capacity of 10,000 tons per month Read More »

Value of Turkey’s exports of rebar increased by 39.6% in January-February

In February this year, Turkey’s rebar exports amounted to 551,822 metric tons, up 10.6 percent compared to January and decreasing by 1.7 percent year on year, according to the preliminary data provided by the Turkish Statistical Institute (TUIK). Meanwhile, the revenue generated by these exports totaled $386.9 million, increasing by 9.6 percent compared to January …

Value of Turkey’s exports of rebar increased by 39.6% in January-February Read More »

Turkey’s rebar exports increase by 31.6% in January – November

In November last year, Turkey’s rebar exports amounted to 462,685 metric tons, down 26.1% compared to October and decreasing by 24.8% year on year, according to the preliminary data provided by the Turkish Statistical Institute (TUIK). The revenue generated by these exports totaled $321.2 million, decreasing by 25.9% compared to October and up 17.5% year …

Turkey’s rebar exports increase by 31.6% in January – November Read More »

Yemen: Closure of Al-Mukalla Iron and Steel Factory in Hadramout

The Al-Mukalla Iron and Steel Factory “misc”, located in Al-Rayyan area in Mukalla, the capital of Hadramout Governorate, east of Yemen, has been closed. A commercial source attributed the reason for the closure of the factory to the failure of the local authority in Hadramout to provide a private power station with the fuel that …

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Aden Steel Company

Aden Steel Company Yemen They are one of the leading companies in the field of reinforcing bars in Yemen. The company was established in 2007. They also buy reinforcing bars from the Turkish market. The company owns a rolling unit and a reinforcing bars unit. The total annual sales volume is less than 100,000 dollars. …

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