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Arab Steel Summit

December 31, 2022

UAE: A new industrial complex for the production of cold and hot rolled with a capacity of 500,000 mt

Khalifa Economic Zones Abu Dhabi – Kizad Group signed a preliminary agreement with Dana Steel Company, the leading manufacturing unit within the Dana Industrial Group, to establish the first industrial complex for the production of cold and hot rolled steel, in the Emirate of Abu Dhabi. Under the terms of the agreement, Dana Steel will …

UAE: A new industrial complex for the production of cold and hot rolled with a capacity of 500,000 mt Read More »

Steel prices on the last day of 2022

According to the prices of the global steel markets, the scrap price reached 401$/tonne , Iron ore price was 116$/tonne , while the prices of billets ranged between 510 and 555$/tonne, and the prices of rebar ranged between 670 and 690$ / tonne, Wire Rod ranged between 700 and 700$ / tonne.