The Arab Iron and Steel Union's Media Center issues the twenty-fourth edition of the Arab Steel Bulletin
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News +1October 23, 2026

The Arab Iron and Steel Union's Media Center issues the twenty-fourth edition of the Arab Steel Bulletin

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The Arab Steel Bulletin's latest edition highlights Egypt's billet import crisis and the need to protect its local industry, alongside an investigation into the significant foreign currency drain. The issue also features an interview on Arab mining's future, a report on the UAE steel industry, and news on global steel market trends, trade policies, and investments.

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The Arab Iron and Steel Union's Media Center issued the twenty-fourth edition of the Arab Steel Bulletin, which covered numerous Arab, regional, and global industry issues. Most prominently, it addressed the billet import crisis in the Egyptian steel market. In this context, the editorial stressed the necessity of protecting the local industry, affirming that favoring the national industry is a non-negotiable choice.


The issue also published an investigation into the crisis titled: The Billet Import Bill... Over a Billion Dollars Draining Foreign Currency and Worsening the Trade Deficit.

The edition included an official statement on the government's action to regulate the billet market, which confirmed that new production licenses are under review, alongside articles discussing the reality of the billet dispute in Egypt, the need for balance between protecting the local industry and import pressures, and how to maintain a competitive Egyptian steel industry.

The issue also featured an exclusive interview with Dr. Hassan Al-Tikrouri, who asserted that the future of Arab mining begins with valuing added value and building integrated industries.

It also published an extensive analytical report by the Ukrainian GMK Center on the UAE steel industry, titled: Emirati Steel: Stability at High Levels.

In addition to a report on Egypt, which faces the challenge of securing European scrap supplies.

The new edition is rich with many in-depth news and reports covering Arab and global steel markets, trade policies, anti-dumping, raw materials, shipping and logistics, and events in the sector, including:

• Egyptian Iron and Steel Company extends its liquidation period by an additional year until the end of 2027

• Egyptian building materials exports decline by 22% to $7.6 billion in 8 months

• Global rebar prices fluctuate in October 2026

• Iron ore falls below $90 for the first time since 2024

• Europe: Relative stability in scrap prices during October 2026

• SNS Algeria signs an agreement with a Slovak company to develop iron and steel industry waste

• $426 billion in Gulf industry investments across 22,000 factories

• Eurofer: Resumption of operation of 10 million tons of European steel production capacity during 2026

• European Union: Industrial production declines by 0.3% in August 2026

• Cleveland-Cliffs returns to profitability in Q3 2026 with a net income of $165 million

• Rising construction costs threaten affordable housing in Morocco

• Arab Iron and Steel Union and Al-Gazzar Group conclude the Legal Frameworks for Trade Remedies course

• Eurofer calls for expanding the CBAM system to include finished steel-intensive products

• United States sets a dumping margin of 13.96% on hot-rolled steel imports from Japan

• Canada extends anti-dumping duties on steel pipe imports for the oil and gas sector

• Italian Eni calls on the European Union to suspend the carbon emissions trading system

• Norway allocates $25.5 million for ship steel recycling

• Abdelkader Al-Mubarak appointed President of the World Steel Association; Saeed Ghumaisi takes over as Chairman of the Audit Committee

• Henri Bessemer: Making steel cheaper than iron after it was an expensive metal

• Egypt and Saudi Arabia prepare to operate the electricity interconnection with a capacity of 3,000 MW

• World Bank targets $19 billion to support minerals until 2030

• Morocco allocates 124 billion dirhams to develop its railway network until 2030


The Arab Steel Bulletin is one of the publications of the Arab Iron and Steel Union's Media Center, as part of its commitment to providing distinguished media service to decision-makers, producers, investors, and leaders of the steel industry in the Arab region. It sheds light on the latest developments and updates in the industry regionally and globally.


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