• Friday 1 December 2023
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Iron Ore

Saudi Arabia mining strategy boosts steel demand for the next ten years

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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 »

Iron ore price rose to its highest levels in 9 months

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The price of iron ore continued to rise during trading on Tuesday, reaching its highest levels since February, with growing optimism about demand in light of China’s efforts to stimulate its economy. China has identified a list of 50 real estate development companies eligible for financing as the country attempts to reduce the real estate …

Iron ore price rose to its highest levels in 9 months Read More »

Iron ore prices exceed $130 per ton for the first time since March

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Iron ore prices rose on Wednesday’s trading, as a result of improved prospects for Chinese demand for steel following circulating news about Beijing’s intention to launch a new spending package to support the faltering real estate sector. Bloomberg published a report stating that the Chinese government plans to provide low-cost financing worth at least one …

Iron ore prices exceed $130 per ton for the first time since March Read More »

Report: Iron ore is approaching $130 per ton, with declining demand

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Iron ore extended its gains, approaching $130 per ton CFR, amid expectations of some recovery in steel production and Goldman Sachs’ forecast that the raw materials market will face shortages this year. Australian iron ore 62% Fe prices rose by $1.5/ton to reach $129.25/ton CFR after rising by 22.5 yuan/ton ($3.1/ton) on the DCE exchange …

Report: Iron ore is approaching $130 per ton, with declining demand Read More »

Egypt: 15.7 million pounds in iron and steel sales to mines in September

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The company explained in a statement to the Egyptian Stock Exchange that sales of Bahariya Oasis mines during September amounted to 15.69 million pounds. She added that the sales value of the Bani Khaled-Samalut quarries recorded about 32.43 thousand pounds. It is noteworthy that iron and steel for mines and quarries achieved 127.81 million pounds …

Egypt: 15.7 million pounds in iron and steel sales to mines in September Read More »

ArcelorMittal’s steel production fell by 3.1% in January – September 2023

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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 »

Vale’s iron ore production declines in the third quarter of 2023

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Brazilian miner Vale produced 86.23 million metric tons of iron ore and 9.18 million metric tons of pellets during the third quarter of 2023, 3.9% and 11.1% less, respectively, compared to the third quarter of 2022. Compared to the second quarter of 2023, iron ore and iron pellets production increased by 9.5% and 0.7%, respectively. …

Vale’s iron ore production declines in the third quarter of 2023 Read More »

Egypt : 24.18 million pounds in iron and steel sales to mines in August

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The Iron and Steel Company for Mines and Quarries announced that it achieved total sales during the month of August amounting to 24.183 million pounds. The company explained in a statement to the Egyptian Stock Exchange that sales of Bahariya Oasis mines during August amounted to 24.12 million pounds. She added that the sales value …

Egypt : 24.18 million pounds in iron and steel sales to mines in August Read More »

Saudi Arabia: Exporting 37 thousand tonnes of pig iron to the United States

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The Executive Vice President of the Mining Sector at the National Industrialization Company, Dr. Fadi Trabzoni, details of the first pig iron shipments from Jizan to the United States. Trabzoni added, during his interview broadcast on Al-Ekhbariya channel, that the shipment is estimated at 37 thousand tonnes and will be exported from the first and …

Saudi Arabia: Exporting 37 thousand tonnes of pig iron to the United States Read More »

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

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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 »

Arab Iron and Steel Union

لوريم ايبسوم هو نموذج افتراضي يوضع في التصاميم لتعرض على العميل ليتصور طريقه وضع النصوص بالتصاميم سواء كانت تصاميم مطبوعه لوريم ايبسوم ليتصور طريقه لوريم ايبسوم.
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About AISU

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.

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Information

92 Members

28 Board of Directors

17 Country

300.000 Employees

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Contact us

General Secretariat
Tel +21323304221 Fax +21323304254
Mail: [email protected]

Cairo Regional Office
Tel +20233356219 Fax +20233374790
Mail: [email protected]

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  • | 2023
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