In 2024, ArcelorMittal Kryvyi Rih plans to increase its production capacity utilization from 30% to 50%. This was stated by the company’s CEO Mauro Longobardo during a meeting with a German delegation, Metallurg newspaper reports. According to him, the plant is ready to increase production as soon as possible and support Ukraine in its post-war …
ArcelorMittal plans to increase capacity utilization to 50% in 2024 Read More »
In September 2023, Ukrainian pipe companies produced 36.9 thousand tons of pipes, a decrease of 10.2% compared to September 2022. A decrease of 11.7% compared to August. In the period from January to September 2023, Ukraine’s pipe production increased by 5.1% compared to the same period in 2022, reaching 376.1 thousand tons. In 2022, Ukraine …
Ukraine’s pipes production increased by 5.1% during January-September 2023 Read More »
In October 2023, steel companies of Ukraine reduced their exports of semi-finished products by 23.6% compared to September 2023 and increased by 59.6% compared to October 2022, reaching 110.12 thousand tons. The value of exports for this month decreased by 19.9% on a monthly basis and increased by 34.5% on an annual basis, reaching $52.9 …
After Ukraine’s pig iron exports recovered to a stable monthly average in September, exports fell sharply again. The decline in exports is due to the unfavorable situation in the EU market – the main export market for the Ukrainian steel industry, where the closure of steel companies in the EU amid weak demand for… Steel …
Ukraine’s pig iron exports fell by 58% in October 2023 Read More »
In September 2023, Ukraine’s semi-finished steel products exports increased by 18.4% compared to the previous month, reaching 144.05 thousand tonnes, and by 88.3% compared to September 2022. The exports value for this month increased by 16.9% monthly, reaching $66.02 million, and by 42.9% compared to the same month last year. Compared with September 2022, in …
Report: scrap collection in Ukraine decreased by 25.2% during the first half of 2023 In June 2023, the scrap collection volume in Ukraine increased by 11.6% compared to May 2023 and raised by 2.06 times compared to June 2022, reaching 86.7 thousand tonnes. This is according to the report of the Ukrainian Association of Mineral …
Report: scrap collection in Ukraine decreased by 25.2% during the first half of 2023 Read More »
The Russian government has announced that it had extended scrap export quotas for another six months, from July 1 to December 31, 2023. A Russian manufacturer said: “This measure is a way to prevent an excessive increase in domestic prices for long steel products.” The quota for scrap exported outside the Eurasian Economic Union (EEU) …
Russia extends scrap export quotas until the end of 2023 Read More »
In March 2023, Ukraine’s production of rolled products increased by 29.9% compared to last February and 69.5% compared to March 2022, reaching 434,000 tonnes. Cast iron production increased in March 2023 by 32% compared to February 2023 and 112.8% compared to March 2022, reaching 466,000 tonnes. Steel production for this month reached 527,000 tonnes, a …
Ukraine’s production of rolled products increased by 29.9% in March Read More »
In January 2023, Ukraine’s pipe exports decreased by 58.6% compared to January 2021, reaching 20.78 thousand tonnes, a decrease of 18% compared to December 2022. In terms of value, pipe exports decreased by 46.5% annually to reach $41.64 million, a decrease of 9.2% compared to December 2022, according to data from the Government Customs Department. …
Ukraine exported 20.8 thousand tonnes of pipes in January 2023 Read More »
In January 2023, Ukraine’s exports of semi-finished products decreased by 49% compared to December 2022, reaching 38.34 thousand tonnes, a decrease of 92.1% compared to January 2022. In terms of value, exports decreased by 52.3% monthly, reaching 20.897 million and 93% compared to January 2022, according to data from the Government Customs Department. The leading …
Ukraine’s semi-finished steel products exports declined by 49% in January 2023 Read More »
The European Commission (EC) has abolished anti-dumping duties on hot-rolled flat steel exports from Ukraine. After the European Steel Union (EUROFER) requested in this regard as the EU industry is unlikely to be affected by these imports, given the current state of the Ukrainian steel industry. The set of anti-dumping tariffs on hot-rolled flat steel …
European Union abolishes anti-dumping duties on flat steel imports from Ukraine Read More »
Russian Central Bank announced setting the official rates of the ruble against nine other foreign currencies, including the Egyptian pound, the UAE dirham, the Qatari riyal, the Thai baht, the Vietnamese dong, the Serbian dinar, the New Zealand dollar, the Georgian lari, and the Indonesian rupiah. The new decision will allow Egypt and Russia to …
Iron ore exports by Ukrainian mining companies decreased by 45.9% in 2022 compared to 2021 to reach 23.98 million tonnes. In terms of value, the export for 2022 fell by 57.8% to $2.91 billion. Most of Ukraine’s iron ore exports were imported by Slovakia, 19.23%. The Czech Republic came in second place, with 17.32% and …
Ukraine’s iron ore exports decline by 45.9% in 2022 Read More »
The Union of Steel Producers of Ukraine said that steel production in Ukraine decreased by 70.7% in 2022, to 6.26 million tonnes. The Union also indicated in a statement that final steel products decreased by 72% to reach 5.35 million tonnes, and that iron ore production decreased by 69.8% to reach 6.39 million tonnes in …
Ukrainian steel production declined by 70.7% in 2022 due to the Russian invasion Read More »
Metinvest Group has resumed operation of the Ukraine-based BOF blast furnace Kamet Steel, a subsidiary of the Metinvest Holding Group. The company had to suspend the Complex, due to the restrictions on energy supplies resulting from the Russia-Ukraine war. During the forced downtime, the factory team was working on restarting the continuous casting machines, repairing …
Metinvest Group resumes operating the blast furnace in the Ukrainian Kamet Steel Company Read More »
Russian President Vladimir Putin signed a decree banning the supply of oil and petroleum products to countries that imposed a ceiling on Russian crude prices, to enter into force in early February and continues for five months. The Group of Seven major countries, the European Union, and Australia agreed -this December- to set a maximum …
Ukraine’s iron ore exports have remained severely affected by the ongoing Russian hostilities in the country. Due to the Russian invasion, exports fell sharply due to the blockade of ports and logistical challenges. Also, having continued to search for alternative ways to deliver their products, Ukrainian suppliers have been faced with the limited capacity of …
Ukraine’s iron ore exports down 42.9 % in January November Read More »
Oil prices fell by more than 3 percent at the settlement on Wednesday, continuing a series of fluctuations, amid talks by the Group of Seven to set a ceiling for the price of Russian oil beyond the level at which it is currently traded and to increase gasoline stocks in the United States much more …
Oil falls 3% amid talks to cap the price of Russian oil Read More »
Mining group Rio Tinto announced that it will team up with China Baowu Steel Group to develop a Western Range iron ore project in the Pilbara region of Western Australia, with a joint investment of 2 billion U.S. dollars. According to a media release, Rio Tinto contributes 1.3 billion dollars and Baowu invests 700 million …
The Russian company “Gazprom” announced, on September 2, the suspension of gas supplies through the natural gas pipeline “Nord Stream” completely until the pipeline turbine is repaired, as it was intended to resume work on September 3, after the maintenance process. Gazprom said in a statement that it discovered an oil leak in the turbine …
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]
