South Korean steelmaker POSCO plans to complete the commercialization of its HyREX , and by 2050, switch its steel mills in Pohang and Gwangyang to steel production based entirely on hydrogen reduction technology. The company will use green hydrogen using HyREX technology to produce direct reduced iron (DRI) for electric arc furnaces. The steelmaker is …
POSCO plans to produce all steel using hydrogen by 2050 Read More »
The foundation stone was laid yesterday in the Special Economic Zone in Duqm for an integrated factory project to produce green iron from hydrogen, with investments exceeding $3 billion (one billion and 158 million Omani riyals), to serve as a new start for industrial development in the Sultanate of Oman. The project implemented by Folken …
Deputy Minister of Industry and Mineral Resources for Mining Affairs, Engineer Khalid bin Saleh Al-Mudaifer, confirmed that the mining strategy in the Kingdom of Saudi Arabia will enhance the increase in demand for steel in the Kingdom during the next ten years. This came during his participation in the activities of the Arab Mining Conference …
Saudi Arabia mining strategy boosts steel demand for the next ten years Read More »
World crude steel production for the 71 countries reporting to the World Steel Association (worldsteel) was 150.0 million tonnes (Mt) in October 2023, a 0.6% increase compared to October 2022. Africa produced 1.9 Mt in October 2023, up 3.5% on October 2022. Asia and Oceania produced 108.8 Mt, up 0.8%. The EU (27) produced 10.6 …
World crude steel production increased by 0.6% in October 2023 Read More »
Abu Dhabi Future Energy Company PJSC – Masdar, one of the world’s leading renewable energy companies, has partnered with Emirates Steel Arkan, (ADX: EMSTEEL), one of the largest publicly traded steel and building materials manufacturers in the region, to develop an innovative green hydrogen project to decarbonize the hard-to-abate steel sector in the UAE. The …
ArcelorMittal, one of the world’s largest steel producers, reduced steel production in the January-September 2023 period by 3.1% compared to the same period in 2022 to 44.4 million tons. Exports decreased by 2.3% year-on-year to 42.3 million tons. This was stated in the quarterly report published on the company’s website. Iron ore production in the …
ArcelorMittal’s steel production fell by 3.1% in January – September 2023 Read More »
The China Iron and Steel Association – CISA – announced that in late September (21-30) this year, the average total daily crude steel production of large and medium-sized steel enterprises in China reached 2.0664 million tonnes, down 3.15% compared to mid-September (11-20) of the current year. In mid-September, the average daily total crude steel production …
China’s daily steel mill production fell by 3.15% in late September Read More »
Eduardo Bartolomeu, CEO of the Brazilian miner Vale, said the company plans to achieve a production pace of 100 million mt per year of pellets and briquettes in 2030. The total volume is expected to reach between 36 million mt and 40 million mt in 2023. Bartolomeo mentioned that two of Vale’s eight pellet plants, …
Vale unveils plan to increase production of agglomerated iron ore products Read More »
In July this year, crude steel production in Germany fell 0.5% year-on-year to 2.96 million tonnes, according to information provided by the German steel association Wirtschaftsvereinigung Stahl (WV Stahl). From January to July this year, Germany’s crude steel production fell 4.6% year on year to 21.48 million tonnes. Germany’s iron ore production reached 2.08 million …
Germany’s crude steel production decreased by 4.6% in January – July 2023 Read More »
Tata Steel awarded a contract to Danieli Corus for the addition of a fourth stove to the existing hot-blast systems in Jamshedpur (H and I furnaces), as well as blast furnace #2 in Meramandali. The objective is to achieve greater operational and maintenance flexibility, while allowing for increased blast furnace production rates. With 3230 m³ …
Tata Steel Contracts Danieli Corus for New Hot-Blast Stoves Read More »
In recent years, Algeria has transformed from an importer of iron and steel – especially reinforcing steel – into an exporter thanks to two factories, one of which is the result of a partnership between the Algerian government Cedar Group with a share of 46% and the “Qatar Steel International” company affiliated with Qatar Mining …
Algerian Qatari Steel Company is a model of successful Arab partnerships Read More »
According to preliminary data announced by the World Steel Organization on world production (63 countries) in July 2023, crude steel production amounted to 158.5 Mt , a 6.6% increase compared to production in July 2022. Africa produced 1.4 Mt in July 2023, up 26.1% on July 2022. Asia and Oceania produced 119.9 Mt, up 9.1%. …
World crude steel production rises by 6.6% in July 2023 Read More »
In July alone, China’s outputs of pig iron, crude steel and finished steel totaled 77.6 million mt, 90.8 million mt and 116.53 million mt, increasing by 10.2%, 11.5% and 14.5% year on year, while up 0.81%, down 0.34% and down 2.96%, respectively, month on month, as announced by China’s National Bureau of Statistics (NBS) on …
China’s crude steel output rises by 2.5% in January-July 2023 Read More »
China Iron and Steel Association (CISA) announced that in late July (July 21-31) this year. The average total daily raw steel production of large and medium-sized steel companies in China – all members of the association – is 2.1356 million tonnes. 4.99% compared to mid-July (July 11-20) this year. In mid-July this year, the total …
China’s daily steel production fell 4.99% in late July Read More »
China’s steel industry has increased its reliance on coal-fired projects significantly over the past 5 years, despite concerns about falling profits, oversupply and commitments to cut carbon emissions. China currently produces more than 1 billion tons of steel, accounting for more than half of the world’s production of the metal used mainly in the construction …
Report: China’s steel industry in 5 years reveals shocking facts Read More »
In June this year, Germany’s crude steel output decreased by 8.4% year on year to 2.92 million tonnes, according to the information provided by the German steel federation (WV Stahl). In the January-June period this year, crude steel production in Germany fell by 5.3% year on year to 18.53 million tonnes. Germany’s pig iron output …
Germany’s crude steel production decreased by 5.3% in H1 2023 Read More »
From January to June 2023, total emissions from China’s steel industry increased by 3.4% compared to the same period in 2022, according to the China Iron and Steel Association (CISA). Sulfur dioxide emissions per tonne of steel were 0.21 kg/t (-17.7% per annum), smoke and dust – 0.25 kg/t (-16.5% per annum), nitrogen oxide – …
According to preliminary data announced by the World Steel Organization on world production (63 countries) during June 2023, crude steel production amounted to 158.8 million tonnes, a decrease of 0.1% compared to production in May 2022. Africa produced 1.3 million tonnes in June 2023, up 11.5% compared to June 2022. Asia and Oceania produced 119.7 …
World crude steel production declined by 0.1% in June 2023 Read More »
South Korean Pohang Iron and Steel Company (POSCO) announced that it plans to increase its annual steel production capacity to 52 million tons by 2030. With increased production, the company aims to achieve annual sales revenue of KRW 100 trillion ($79.05 billion), and triple its operating profit by 2030 compared to 2022. Meanwhile, POSCO will …
POSCO plans to increase steel production to 52 million tonnes by 2030 Read More »
The EU continues to invest in several EAF steelmaking projects planned or underway in Europe, often with government subsidies. They also receive funding from the European Union, which increases the expectations of growing demand for scrap under these circumstances. Most often, these projects are based on plans to decarbonize production. The investment is being combined …
Arab Iron and Steel Union was established in Algeria in 1972 as the first Arab Union of the Arab countries to be founded under the Council of Economic Unity umbrella in the League of Arab States.
It is the first Arab organization to specialize in the iron and steel field, and its tasks fall within making plans aimed mainly at developing and growing the iron and steel industry in the Arab world.
Arab Iron and Steel Union comprises a wide range of multi-activity companies related to the iron and steel industry from the Arab countries.
General Secretariat
Tel +21323304221 Fax +21323304254
Mail: [email protected]
Cairo Regional Office
Tel +20233356219 Fax +20233374790
Mail: [email protected]
