International credit rating agency Fitch Ratings has stated that the global steel sector will not fully recover in 2023 from the supply-demand shift in favour of the end-markets amid reduced consumption in the second half of this year. Since the global economic slowdown has ended the period of exceptionally high prices supported by pent-up demand …
ٌReport : Steel markets will normalise in 2023, excluding China Read More »
El Marakby Steel Group intends to start a plan to rely on clean energy in manufacturing to reduce carbon emissions, with investments of $5 million, during the next three years. Eng. Hassan Al-Marakibi, Chairman of the Board of Directors of El Marakby Steel Group, revealed that his group’s strategy regarding green industry and sustainability is …
Egypt: El Marakby Steel pumps 5 million dollars for the use of clean energy Read More »
The ambitious strategy of the Emirate of Dubai to transition to a green economy has gained significant momentum, with the emirate’s recent adoption of a road map that aims to make public transportation carbon-neutral by 2050, with initiatives ranging from investing in advanced infrastructure, strengthening the foundations of a circular economy, and expanding the scope …
Morgan Stanley raised its forecast for China’s economic growth next year, noting that a rapid restart after the “zero Covid” policy and continued steps toward policy easing will support the economy. And according to Bloomberg, the bank’s economists wrote in a note on Tuesday that they expect China’s GDP to grow 5.4% in 2023 instead …
“Morgan Stanley” raises its forecast for China’s economic growth next year 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]
