According to the General Authority for Statistics, the average price of rebar in the Kingdom of Saudi Arabia decreased in May 2022 to 4278.38 riyals, down by 14 riyals compared to the price of April 2022, which amounted to 4292.81 riyals, and up by 927 riyals compared to May 2021, which amounted to 3351.19 riyals. …
In the January-May period of the current year, China’s outputs of pig iron, crude steel and finished steel amounted to 360.87 million mt, 435.02 million mt and 549.31 million mt, decreasing by 5.9 %, 8.7 % and 5.1 %, respectively, year on year, as announced by China’s National Bureau of Statistics (NBS). Though the production …
China’s steel output down 8.7% in January-May 2022 Read More »
In April this year, Turkey’s iron ore imports totaled 1.24 million mt, increasing by 31.3 % compared to March and up 24.6 % as compared to the same month of 2021, according to the statistics provided by the Turkish Statistical Institute (TUIK). The value of these imports decreased by 4.5 % to $176.51 million year …
Turkey’s iron ore imports increase 7.3% in January-April 2022 Read More »
According to the prices of the global steel markets, the scrap price reached 363$/tonne , Iron ore price was 121$/tonne , while the prices of billets ranged between 545 and 640$/tonne, and the prices of rebar ranged between 695 and 710$ / tonne, Wire Rod ranged between 750 and 820$ / tonne. Prices for iron …
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 »
In April this year, domestic steel product consumption in Japan amounted to 4.05 million metric tons, down by 3.9% compared to March and by 6.8% year on year, according to the data released by the Japan Iron and Steel Association (JISF). Meanwhile, in the January-April period this year, domestic steel consumption in the country dropped …
Japan’s domestic steel consumption down 4.4% in Jan-Apr 2022 Read More »
The National Committee for the steel industry in the Federation of Saudi Chambers has joined the Arab Iron and Steel Union, the largest Arab gathering of iron producers in Algeria; this enhances the Kingdom’s place and position in the Arab world in the iron industry. The Chairman of the National Committee for the steel industry …
In the latest report of the World Steel Organization (Worldsteel), Ezz Steel ranked first in the ranking of the largest steel producers in the Arab region and Africa, with a production of 5.1 million tons, ahead of SABIC Steel in Saudi Arabia, which came in second place with a production of 4.8 million tons, while …
According to final census data from the US Department of Commerce, US imports of wire rod totaled 160,984 mt in April 2022, down 4.6% from March and but up 177.9% from April 2021 levels. By value, wire rod imports totaled $157.3 million in April 2022, compared to $153.5 million in March and $49.1 million in …
US wire rod imports down 4.6% in April,including Algeria and Egypt Read More »
In April this year, Turkey’s billet and bloom import volume increased by 129.6% month on month to 201,359 mt, down by 45.0% year on year, according to the data provided by the Turkish Statistical Institute (TUIK). The value of these imports totaled $160.22 million, up 133.0 % month on month and down 27.4% year on …
Turkey’s billet imports down 53% in January-April Read More »
Arab Iron and Steel Union ( AISU ) was established in Algeria in 1971 as the first Arab union of Arab countries to be established under the umbrella of the Council of Economic Unity in the League of Arab States.
AISU is a non-governmental organization of a private nature, not of a political or commercial nature.
AISU works in the field of preparing studies, organizing courses and holding periodic conferences for the prosperity of the Arab iron and steel industry. The union includes a wide range of companies with multiple activities related to the iron and steel industry.
General Secretariat
Tel +21323304221 Fax +21323304254
Mail: relex@solbarab.org
Cairo Regional Office
Tel +20233356219 Fax +20233374790
Mail: aisucairo@solbarab.org
