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Arab Steel Summit

December 11, 2023

“Ezz Steel”: 1.9 billion pounds in losses in the first nine months of 2023

In the nine months of 2023, Ezz Steel recorded total profits for the period, amounting to 27.9 billion pounds. The company explained in a press statement, today, Monday. That it recorded consolidated net losses amounting to 1.9 billion pounds in the period from January until the end of September 2023, compared to profits worth 5.7 …

“Ezz Steel”: 1.9 billion pounds in losses in the first nine months of 2023 Read More »

Rio Tinto targets annual 345-360 million mt iron ore capacity in Pilbara

Australia -based miner Rio Tinto has announced that it aims to achieve and sustain a medium-term annual capacity of 345-360 million mt from its Pilbara iron ore business, including the pre-feasibility study underway on the Rhodes Ridge project. The company also expects an annual five million mt uplift from implementing the Safe Production System at …

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LISCO announces that it has achieved the design capacity of DRI plant for the first time in 26 years

The Libyan Iron and Steel Company announced that it has achieved the design capacity of DRI plant in its third unit for the first time since its operation 26 years ago, and its production reaches 650 thousand tons of HBI iron, which is the design capacity of the plant. On Saturday evening, the company held …

LISCO announces that it has achieved the design capacity of DRI plant for the first time in 26 years Read More »