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Arab Steel Summit

September 19, 2023

Arab Iron and Steel Union holds the seventh meeting of the Economic Committee in Cairo

The Arab Iron and Steel Union held the seventh meeting of the Economic Committee in Cairo – Egypt in the period from 17 – 18 September, at the invitation of Ezz Steel Company, at the Four Seasons Hotel Nile Plaza Garden City. The committee meeting was attended by representatives of the following countries: Egypt – …

Arab Iron and Steel Union holds the seventh meeting of the Economic Committee in Cairo Read More »

Turkey’s billet imports up 64.5 per cent in January-July 2023

From January to July, Turkiye’s billet imports reached 2.24 million tonnes, an increase of 64.5%, year on year. In that period, Turkiye imported 1,053,243 tonnes of billets from Russia, an increase of 19.8% year-on-year. Algeria topped the Arab countries supplying billets to Turkiye with a volume of 414,800 tonnes, followed by Oman with a volume …

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South Korea’s imports of rebar decreased from January to August 2023

According to statistics, South Korea’s imports of rebar amounted to about 342,900 tons during the first eight months of this year, a decrease of 21% compared to the same period last year. Among these imports, imports from China accounted for the largest share at 53.7%, with an annual increase of 20.3% to about 184 thousand …

South Korea’s imports of rebar decreased from January to August 2023 Read More »

China’s cast iron production increased from January to August by 3.7% year-on-year

Cast iron production rose by more than the 2.6% increase in the country’s crude steel production. Iron ore production was generally down compared to July, with some steel mills in northern China produced less than their maximum capacity as they resumed idle furnace operations in early August. Authorities in the northern Chinese of Tangshan ordered …

China’s cast iron production increased from January to August by 3.7% year-on-year Read More »

Latest rebar prices update in Egypt is September 19, 2023

According to the daily follow-up of iron prices in Egypt, rebar prices ranged between EGP  31,500 – 34,000, EXW. The companies that did not change prices are Ezz Steel 32,135 pounds, Suez Steel 32,050 pounds, Beshay Steel 34,000 pounds, Al-Maraqby Steel 32,000 pounds, Egyptian Steel 32,050 pounds, El-Ashry Steel 32,500 pounds, El-Garhy Steel 32,000 pounds, …

Latest rebar prices update in Egypt is September 19, 2023 Read More »