According to final census data from the US Department of Commerce, US imports of wire rod totaled 99,004 mt in July 2021, down 10.5 percent from June but up 167.8 percent from July 2020 levels. By value, wire rod imports totaled $85.9 million in July 2021, compared to $87.9 million in June and $26.4 million …
Egypt and Algeria lead Arab countries exporters of wire rod to US in July Read More »
The Delta Steel Company announced the renewal of the international ISO certificate for the third year in a row. The Delta Steel Company is one of the oldest steel companies in Egypt, and the establishment of the company dates back to 1947. The company has taken the development of production units and the application of …
The value of these imports totaled $167.49 million, increasing by 52.7 percent month on month and up by 164.6 percent year on year. In the January-July period of this year, Turkey’s billet import volume amounted to 2 million mt, increasing by 101.4 percent, while the value of these imports increased by 202.8 percent to $1.26 …
Algeria leads the Arab countries exporting billets to Turkey in January-July Read More »
Egyptian experts considered that expanding the scope of Egypt’s energy exports, especially natural gas and electricity, would give Cairo great weight in the region, and enhance its regional and international standing. Egypt, Jordan, Syria, and Lebanon agreed during a meeting on Wednesday to deliver Egyptian gas to Lebanon via Jordan and Syria and to present …
The Libyan Iron and Steel Company announced on Tuesday the resumption of the operations of the company’s production units after a two-month hiatus based on the decision of the National Unity Government. The company said on its Facebook page: The double line specialized in the production of skewers is the first factory that has resumed …
Libyan Iron and Steel Company resumes operating production units after a two-month Read More »
The board of directors of Iron and Steel for Mines and Quarries approved the output and sales report for July. The company’s sales amounted to EGP 7.91 million during July, according to a bourse disclosure on Tuesday. Iron and Steel for Mines and Quarries is a spin-off company of the Egyptian Iron and Steel (Hadisolb). …
Egypt : Iron and Steel for Mines achieves EGP 7.9m sales in July Read More »
World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 161.7 million tonnes (Mt) in July 2021, a 3.3% increase compared to July 2020. China produced 86.8 Mt in June 2021, down -8.4% on July 2020. India produced 9.8 Mt, up 13.3%. Japan produced 8.0 Mt, up 32.5%. Crude …
World crude steel production increased by 3.3 % in July 2021 Read More »
Dr. Wael Youssef, Managing Director of the Holding Company for Metallurgical Industries, revealed that the Delta Steel Mill will launch the new digital transformation project next month, pointing out that the plan of the Ministry of Public Business Sector for digital transformation and mechanization of work systems in affiliated companies is being implemented using the …
The Minister of Industry and Minerals, Ahmed Abu Heisa, visited the oxygen factory at the wire drawing headquarters of the Libyan Iron and Steel Company, accompanied by the Undersecretary for Production and Industrial Zones, Mustafa Al-Sammo. The media center of the ministries, bodies and institutions of the Libyan government stated that Abu Hissa said, “The …
The Libyan Minister of Economy and Trade issued Resolution No. 300 of 2021, which bans the export of “scrap” in all its forms and types. The decision issued on Monday (August 16, 2021 AD) stated that the ban includes “scrap, scrap and scrap, light iron ingots, cast iron and pressed scrap (cars), iron manufactured from …
Libya: The Minister of Economy and Trade prohibits the export of scrap Read More »
Ezz Steel turned to net profits of EGP 2.39 billion in the first half (H1) of 2021, versus net losses of EGP 2.77 billion in H1-20, including minority shareholders’ rights. The sales surged to EGP 30.42 billion in the six-month period ended 30 June, compared to EGP 17.82 billion in the corresponding period in 2020, …
In June this year, Turkey’s total hot rolled coil (HRC) exports decreased by 32.3% to 168,545 metric tons compared to May and were down 45.2% year on year, according to the data provided by the Turkish Statistical Institute (TUIK). These exports had a value of $148.02 million, down 25.4% month on month, while increasing by …
The Iron and Steel Company for Mines and Quarries announced that it achieved sales of 23.33 million pounds during the period from April to the end of last June. The company explained in a statement to the Egyptian Stock Exchange, today, Thursday, that its sales rose during the month of June to record 7.83 million …
Egypt: 23.3 million pounds in sales of the Iron and Steel Company for Mines in 3 months Read More »
The Minister of Industry, Ahmed Zghdar, met today, Thursday, in Algiers, with officials of the iron and steel complex “Imetal Group”, where the situation of the complex and the problems faced by some of its branches were discussed, according to a ministry statement. In this meeting, the minister received “full explanations about the reality of …
The Minister of Industry meets the officials of Imetal Group Read More »
Egypt’s exports of iron and steel products rose in the first five months of this year by 179% to record $584 million, compared to $209 million in the same period last year. The monthly report issued by the Export Council for Building Materials indicated that exports were made to 70 countries during that period, including …
$584 million , Value of Egypt’s steel exports in 5 months, up 179% Read More »
Libyan Iron and Steel Company organizes a forum under the slogan Our Environment is Our Responsibility The Libyan Iron and Steel Company hosted a dialogue forum under the slogan “Our Environment is Our Responsibility” about (Conference on the Environmental Effects of Pollution 2021), which will be held at the end of this year in the …
Tosyali Algeria reaches a capacity of 8.5 million tons after the completion of the fourth phase Turkey-based Tosyalı Demir Çelik Sanayi has stated that the fourth phase of the investment at its Algeria-based subsidiary Tosyalı Algeria is continuing. When all the phases are completed at Tosyalı Algerie, the production capacity will reach 8.5 million mt …
Under the patronage of His Excellency the Minister of Public Business Sector Mr. Hisham Tawfiq Shahd, Accountant Imad El Din Mostafa – Chairman of the Board of Directors of the Holding Company for Chemical Industries, and Eng. Mohamed El Saadawi Mostafa El Saadawi – Executive Managing Director of the Holding Company for Metallurgical Industries Signing …
Ending the historical disputes between “Kima” and “Iron and Steel Mines and Quarries” Read More »
Tomorrow, Sunday, July 4 in Egypt, the governorates will start implementing the new building requirements and the new licensing system in all centers and cities, in accordance with the Cabinet’s decision issued last April, to start applying the new building requirements and the new licensing system to the cities that were selected for experimental application …
Today, Thursday 1-7-2021, rebar prices in Egypt witnessed stability in the local market, according to the announced prices. Company Egyptian pounds Ezz Steel 14600 Suez Steel 14500 Arabian Steel industries 14400 Beshay Steel 14500 Attia Steel 14300 El-Marakiby steel 14300 Egyptian Steel 14500 Maadi Steel 14300 Alshry Steel 14300 Misr Steel 14300
Based on the letter of the Minister of State for Prime Minister and Cabinet Affairs dated June 30, 2021 regarding his referral of the instructions of His Excellency the Prime Minister to the Government of National Unity regarding stopping work at the Iron and Steel Complex during the months of July-August; In support of the …
The statement of the Libyan Iron and Steel Company regarding the suspension of work Read More »
An overview of the Middle East and North Africa region At the beginning of 2020, the Arab countries were subjected to two major shocks; the first shock was the Coronavirus pandemic, and the subsequent economic effects like the rest of the world, while the second shock was the drop in oil prices. These two shocks …
Summary of the third report, the Economic Committee of the Arab Iron and Steel Union Read More »
Maghreb Steel’s sales increased by 39% in Q1 2021 to 124,000 tons, as the company indicated that this increase comes within Stronger shipments resulted from the continuing recovery of the national economy that began in Q4 2020, and had a positive impact on business performance during Q1 2021, As the company relied on the local …
Maghreb Steel’s revenue increased by 54% in Q1 2021 Read More »
The Egyptian Iron and Steel (Hadisolb) has received a technical and financial offer from a Ukrainian company to rehabilitate, develop, and manage the steel manufacturing firm, currently under-liquidation, under a revenue-sharing scheme. The offer is under consideration by the parent company, Metallurgical Industries Holding Co, according to a bourse disclosure on Tuesday. At the end of May, the …
Ukrainian firm offers to develop, manage Hadisolb Read More »
Ezz Dekheila Steel – Alexandria turned profitable during the first quarter of this year, recording a profit of 1.02 billion pounds at the end of last March, compared to 1.08 billion pounds in the first quarter of 2020. The company’s consolidated financial statements showed an increase of 28.2% in sales to 11.72 billion pounds during …
Ezz Dekheila Steel turns profitable in Q1, supported by a 28% sales growth Read More »
Egypt’s exports of iron and steel rose in the first four months of 2021 to record $460 million , compared to $183 million in the same period in 2020, an increase of 152%, to record steel exports a big boom in that period. A recent report by the Building Materials Council revealed that Italy is …
$460 million , Value of Egypt’s steel exports in four months, up 152% Read More »
Ambassador Muhammadi Ahmed Al-Ni, the new Secretary-General of the Council of Arab Economic Unity of the League of Arab States, began his work in the library of the General Secretariat, where he held a series of meetings with the cadres of the Council to find out the latest developments in the work of the Council …
According to preliminary census data from the US Department of Commerce, US imports of rebar totaled 72,397 mt in April 2021, down 18.6 percent from March and down 5.9 percent from April 2020 levels. By value, rebar imports totaled $63.2 million in April 2021, compared to $69.9 million in March and $53.7 million in April …
Algeria is Largest exporter of rebar to US in April Read More »
Hisham Tawfiq, Minister of Public Business Sector – Chairman of the General Assembly of Metallurgical Industries Holding – issued a decision to re-form the Board of Directors of Metallurgical Industries Holding, for a period of three years. The decision included assigning Dr. Saad Mujahid Al-Rajhi to do the work of a non-executive chairman of the …
Ezz Steel is the largest steel producer in the Arab region as per worldsteel’s Top Steel Makers List For 2020 which has just been published. With 4.6 million tons in output, Ezz Steel is the leading Arab steel producer, followed by Hadeed in KSA at 4.5 million tons, Emirates Steel at 2.7 million tons and …
Ezz Steel Leads Steel Production In The Region In 2020 Read More »
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 +21320343324 – +21320343357
Fax +21320343194
Mail: [email protected]
Cairo Regional Office
Tel +20233356219 Fax +20233374790
Mail: [email protected]
