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Arab Steel Summit

Semi Finished Products

Ukraine’s exports of semi-finished steel products to the EU increased by 38.2% In Q1 of 2024

In March 2024, Ukraine’s exports of semi-finished steel products to the EU increased by 10.7% M-o-M and by 78% Y-o-Y, to 110.8 thousand tons. The value of these exports increased by 12.7% month-on-month and 74% year-on-year to €58.94 million. In Q1 of 2024, Ukraine exported 291.6 thousand tons of semi-finished steel products to the EU, …

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Iraq : Danieli to supply new billet caster to Iraq’s Muhaj Baghdad

A new contract with Danieli has been signed for the supply of a new, three-strand billet caster to be installed in the region of Babil, Iraq. The continuous casting machine will produce 500,000 tpy of rebar grades in a 130×130 mm section and feed in hot-charge mode the high-speed rebar mill also recently ordered from …

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Turkey’s steel export value up 19.1% in January – March 2024

According to the provisional foreign trade statistics compiled by the Turkish Statistical Institute (TUIK), in March this year Turkey’s foreign trade deficit decreased by 12.4% to $7.34 billion compared to March 2023. In the January-March period this year, Turkey’s foreign trade deficit went down by 41.5% year on year to $20.34 billion. In March, Turkey’s …

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Egypt: “Algioshy Steel” acquires “Arabian Steel Industries”

The Egyptian Algioshy Steel Group announced the completion of its acquisition of the Arabian Steel Industries Company, which is headquartered in the Suez Canal Economic Zone in Ain Sokhna. Algioshy Group said in a statement that a new board of directors for Arabian Steel Company is scheduled to be formed within days, headed by Tarek …

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Egyptian Ministry of Commerce: Denies studying the cancellation of dumping duties on rebar imports

The Ministry of Trade and Industry in Egypt said that there is no study on canceling dumping duties on imports of rebar originating from or exported from Turkey, Ukraine, and China, as reported in the media. She said in a statement on Tuesday: “There is no study to amend the applicable fees or cancel them, …

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Ukraine exported 1.2 million tons of semi-finished products in 2023

In December 2023, Ukraine exported 98.72 thousand tons of semi-finished products, up 40.7% month-on-month and 31.4% y/y. Export revenue for the month increased by 42.7% m/m and 5.9% y/y. The average monthly export volume of semi-finished products for the year amounted to 100.3 thousand tons, compared to 158.3 thousand tons in 2022. In 2023, Ukrainian …

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Egypt’s import of raw materials of iron, steel and iron ore decreased by 25.5% in January-September 2023

Foreign trade data showed that Egypt’s imports of raw materials of iron, steel, iron ore and their concentrates in January-September 2023 amounted to $4.163 billion, a decline of 25.5% compared to the same period in 2022, which amounted to $5.589 billion. The value of Egypt’s imports of iron or steel raw materials declined to reach …

Egypt’s import of raw materials of iron, steel and iron ore decreased by 25.5% in January-September 2023 Read More »