The US-EU trade meeting scheduled for next month is expected to be postponed until early next year, as the two allies remain deadlocked in talks over steel and critical metals, according to a report. According to Bloomberg, citing sources familiar with the matter, the Trade and Technology Council was scheduled to meet last month, but …
The European Union is studying the possibility of extending the temporary truce with the United States regarding steel and aluminum trade, a possibility that will help circumvent the stalled negotiations and avoid the re-imposition of customs tariffs on transatlantic exports worth $10 billion. Since the imposition of tariffs will resume automatically at the end of …
Europe is considering extending the steel trade truce with the United States Read More »
In a move that reflects the harsh reality of the challenges of the steel industry at the present time, Tata Steel, a major player in the steel sector, announced on Monday, November 13, that the Tata Steel subsidiary in the Netherlands intends to reduce approximately 800 jobs at its factory in the city of “IJmuiden”, …
British Steel is preparing to cut up to 2,000 jobs as part of a cost-cutting programme, according to a report, even as its Chinese owners seek major financial relief from the UK government. The potential staff cuts, reported by the Sunday Times, are said to be a key part of plans to replace its coal-fired …
Talks between the European Union and the United States regarding tariffs on steel trade are still stalled, according to informed sources. This comes at a time when the two sides are trying to avoid the return of billions of dollars in duties on European steel exports to the United States, ahead of the US-European summit …
US-European steel tariff negotiations falter…difficult points of contention Read More »
Danieli has announced the renovation of CMC’s rolling mill in Poland in Zawiercie. The factory’s production capacity is 500,000 tons annually of rods and wire coils, which are used in construction, agriculture, energy, machinery and consumer goods. The purpose of the renovation is to improve the rolling mill performance, in addition to updating the unit’s …
Danieli renews the rolling mill at the CMC plant in Poland 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 »
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 »
The European Union Trade Commission warned of the repercussions of the continuation of the US-European steel dispute and called for the need to find a compromise to end the confrontation between the two parties. In 2018, former US President Donald Trump imposed tariffs of 25 per cent on steel and 10 per cent on aluminium …
The European Union calls Washington to find a compromise to end the dispute over steel 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 …
ArcelorMittal, one of the largest steel producers internationally, has announced plans to restart the blast furnace (A) at its plant in Gijon, Spain. The unit was shut down on March 22, 2023, when a fire broke out in the blast furnace during scheduled maintenance. The fire is believed to have been caused by an internal …
ArcelorMittal plans to restart its blast furnace (A) at its Gijon, Spain plant in July Read More »
The UK will maintain the anti-dumping measures on plate steel from China for another five years, stated in a message on the British Government’s website. The Government backed the Trade Remedies Authority’s (TRA) recommendation that the UK industry would suffer if the measures were lifted. In the UK, there are two producers of thick sheet …
The UK extends anti-dumping duties on thick sheet steel from China Read More »
The Government of Great Britain (UK) has accepted the recommendation of the UK Trade Remedies Authority (TRA) to extend the suspension of anti-dumping measures on flat steel and hot rolled steel coils imports from Ukraine for another 12 months. This was stated in the message on the British government website. Anti-dumping duties on the import …
The EU could go from exporter to importer of scrap in as little as five years as steelmakers globally convert to electric arc furnaces (EAFs), and competition for scrap material will intensify.
The European Commission (EC) extended the EU’s anti-dumping duties on certain types of thick rolled-steel imports from China. The duty rate remained at 65.1%-73.7% level. The relevant decision was made after the post-tariff anti-dumping investigation was conducted in 2017. Products are governed by CN Codes ex 7208 51 20, ex 7208 51 91, ex 7208 …
The European Union extends anti-dumping duties on imported thick-rolled steel from China Read More »
According to Reuters, the German industry will need investments of about 52 billion euros to get closer to climate neutrality by 2050, according to a study conducted by the German investment group Allianz Trade. According to the study, the steel industry ranks first among the sectors that will need €16.7 billion in investment for climate …
Germany’s steel industry requires investments of €16.7 billion to decarbonise by 2050 Read More »
In March 2023, Ukraine’s flat steel products exports increased by 67.3% compared to February 2023, reaching 58.43 thousand tonnes. In monetary terms, these products’ exports increased by 61.4% monthly to reach $38.17 million and by 75.8% compared to March 2022, according to Government Customs Department data. In January-March 2023, Ukraine exported 122.89 thousand tonnes of …
Ukraine’s flat steel exports increased by 67% in March Read More »
ArcelorMittal is investing $38.5 million for its coke plant’s modernization in Zdzieszowice, Poland. The upgrade includes three flue-gas denitrification units installation for the CHP cogeneration plant, which will significantly reduce nitrogen oxide emissions and provide heat for the CHP plant, which uses coking gas, to more than 7,000 consumers. In addition, the reconstruction project of …
ArcelorMittal invests $38.5 million in the modernization of a Coke plant in Poland Read More »
Paulwurth and Midrex Technology will collaborate in the engineering, procurement and construction of the Midrex Flex Direct Reduction plant with a capacity of 2.5 million t/year for Thyssenkrupp Steel Europe, located in Duisburg, Germany. The plant will initially operate on reformed natural gas containing 50% or more hydrogen (H2) at the inlet of the furnace …
Midrex and Thyssenkrupp cooperate to reduce carbon dioxide emissions Read More »
In February 2023, Germany’s crude steel production decreased by 6.9% compared to the same month in 2022 and increased by 2.3% compared to January 2023, reaching 2.994 million tonnes, according to WV Stahl, the German Steel Association. In February 2023, the volume of steel smelting from transformers reached 2.04 million tonnes, which is 4.9% less …
Germany’s steel production declined by 6.9% in February 2023 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 +21323304221 Fax +21323304254
Mail: [email protected]
Cairo Regional Office
Tel +20233356219 Fax +20233374790
Mail: [email protected]
