The orders received by the struggling German steel industry during the summer months fell compared to last year, due to the strong increase in energy prices due to geopolitical conditions. The Federal Statistical Office explained that the value of orders received by the sector in the third quarter of this year decreased by 4% compared …
Swedish steelmaker SSAB has selected Germany’s SMS Group to build a new 190-ton electric arc furnace (EAF), which will be one of the largest such units in the world according to SMS Group. The new furnace will be located in Ökseläsund, Sweden, and is scheduled to start operating in the fourth quarter of 2026. The …
Towards green steel: SMS Group to install one of the largest EAFs for Swedish SSAB Read More »
German Economy Minister Robert Habeck has called for easing the burden on the country’s steel sector, against the backdrop of Thyssenkrupp Steel Europe’s intention to eliminate thousands of jobs in the coming years. Thyssenkrupp Steel Europe is Germany’s largest steel company, and its majority shares are owned by the Thyssenkrupp Group. “The company’s decision is …
German Economy Minister Calls for Easing the Steel Sector Read More »
Thyssenkrupp Steel plans to cut its steel workforce by 40%, warning that oversupply in Europe and rising cheap imports from China are adding to challenges for German industry. Germany’s largest steelmaker said on Monday it aims to cut around 5,000 jobs by 2030 through production and management changes, with another 6,000 jobs transferred to external …
In January-October 2024, the Ukrainian scrap industry increased exports of ferrous scrap by 54.5% compared to the same period in 2023, to 226.97 thousand tons. This is evidenced by the data of the State Customs Service. In October, shipments of raw materials abroad decreased by 0.9% compared to the previous month, but increased by 55.4% …
Ukrainian scrap exports increased by 54.5% during January-October 2024 Read More »
Troubled German steelmaker Thyssenkrupp has reported a €1bn ($1.06bn) loss at its steel division as demand weakens, with the industrial giant citing a bleak outlook for sales volumes and structural challenges in the sector. The company’s net loss narrowed to €1.5bn in the fiscal year ended Sept. 30, after deducting minority stakes, from a net …
Thyssenkrupp posts €1bn loss as steel demand weakens Read More »
Reuters reported that steelmaker Swiss Steel Group will cut about 800 jobs in its home market of Switzerland and abroad due to weak demand in European manufacturing, lower production levels and weak growth prospects. Reuters reported that steelmaker Swiss Steel Group (STLN.S), opens new tab will cut around 800 jobs in its home market of …
ArcelorMittal France, a subsidiary of Luxembourg-headquartered steel giant ArcelorMittal, has announced that it has signed a contract with France-based renewable energy device producer Genvia to integrate a 200kg/day low-carbon hydrogen electrolyzer to the industrial processes for the production of high performance electrical steels. This collaboration represents an important step in the joint effort to reduce …
ArcelorMittal France and Genvia to collaborate on low-carbon hydrogen Read More »
The British newspaper, Financial Times, reported that the frozen trade dispute over steel has become an early test for the European Union’s relationship with the incoming administration of US President-elect Donald Trump. The outgoing US President Joe Biden had reached a truce with the European Union in the conflict that erupted when former President Donald …
Financial Times: The trade dispute over steel between Brussels and Washington is renewed Read More »
The European Commission has announced that it has started the registration process for imports of HRC from Egypt, India, Japan and Vietnam, which are subject to ongoing antidumping investigations. The registration of imports, which will expire in nine months, will enable the retroactive collection of antidumping duties if necessary. With the registration, the commission aims …
EU starts registration process for HRC imports from four countries Read More »
Britain has taken steps aimed at reducing carbon emissions and ending the era of reliance on fossil fuels for power generation that began 142 years ago. On Monday, Britain announced its intention to close the country’s last coal-fired power plant, as well as the largest traditional steel plant, making it the only G20 member without …
Britain abandons coal for power generation and closes largest traditional steel mill Read More »
Britain’s largest steel mill will end production later on Monday, when the last blast furnace at Port Talbot in Wales closes after more than 100 years of steelmaking, with the loss of nearly 3,000 jobs. The closure of the last blast furnace at Port Talbot, once Europe’s largest steel mill, caps decades of decline in …
Towards decarbonisation.. Britain’s largest steel mill ends production after 100 years Read More »
Sweden-based Stegra, formerly known as H2 Green Steel, has announced that the Swedish Energy Agency has granted about €100 million from the country’s Industrial Leap Fund for the company’s fully integrated green steel production plant in Boden. The company stated that the state aid will not only help them to accelerate the transition to sustainable …
Sweden’s Stegra receives €100 million state aid for green steel operations Read More »
The European Commission (EC) plans to initiate an anti-dumping duty (AD) investigation against imports of HRC from Egypt, Vietnam, India and Japan in a few days. The EU is taking new measures to further protect local steel producers, considering that the existing tariff-rate quotas could not be extended beyond July 2026, according to the WTO …
EU to start AD investigation into HRC imports from Egypt, Vietnam, India, Japan Read More »
Tata Steel Nederland, a subsidiary of Indian steelmaker Tata Steel, has announced the launch of Zeremis® Recycled, its new steel product which has a higher recycled scrap content, aiming to help its customers to reach their short-term circularity goals without sacrificing quality and to meet the demand for this type of steel in several sectors …
Tata Steel Nederland unveils new steel product with high scrap content Read More »
Environmental campaigners warn that the European steel industry risks missing its ambitious climate targets, despite billions of euros in support pledges by the region’s governments. The non-profit research organization Aria indicated that the European Commission has approved grants worth more than 8 billion euros since 2022 to some of the largest producers in the bloc. …
Report: The European steel sector faces the risk of missing climate goals Read More »
The UK Department for Business and Trade (DBT) has announced that it has decided to extend the safeguard measures on 15 categories of steel products for a further two years until June 30, 2026. The decisions will come into effect from July 1,2024. Following an extension review initiated in September last year, the UK’s Trade …
UK extends safeguard measures on 15 steel product categories until June 2026 Read More »
The Italian plantmaker Danieli and the Swedish electric industrial heating technology provider Kanthal have announced a strategic partnership that aims to decarbonize direct reduction and blast furnace operations thanks to Prothal® DH technology for electric gas direct-heating. The introduction of this new technology – developed by Kanthal – will reduce carbon emissions in steel and …
Danieli and Kanthal partner to decarbonize DR and steel production Read More »
Robert Habeck, federal minister for Economic Affairs and Climate Action of Germany, has announced his approval for the funding for the decarbonization project to be implemented by Luxembourg-based steelmaker ArcelorMittal at its Bremen and Eisenhüttenstadt plants. By securing the approval, the steel giant will now be able to start decarbonizing its steel production in the …
ArcelorMittal’s decarbonization project in Germany receives funding approval Read More »
The fifth edition of the DIM (Danili InnovAction Meeting) was launched, which Danieli organizes periodically, has international importance in promoting technological progress in the steel industry. DIM will start on May 28 and end on May 30, and it will host 351 companies and more than 700 experts from all over the world. The speeches …
Danieli Innovaction Meeting Opens With Almost 700 Guests Read More »
The European Steel Tube Association (ESTA) has welcomed the European Commission’s anti-dumping investigation into imports of certain seamless round pipes from China. The share of Chinese imports of seamless pipes in the European market rose from 3.8% in 2021 to 7% in 2022, and last year reached 12.6%, despite the fact that there are already …
European steel pipe producers support anti-dumping investigation of imports from China Read More »
The Russian war on Ukraine caused an increase in the demand for Ukrainian female labor in iron and steel factories, in light of the scarcity of male labor due to most of them joining the army. According to what the British newspaper “Financial Times” reported yesterday, Sunday, the Ukrainian company “ArcelorMittal” – the largest steel …
Ukraine employs women in iron and steel factories to compensate for the shortage of men Read More »
The company began negotiations with British authorities more than a year ago and steelmakers Tata Steel and British Steel are continuing negotiations with the UK government to finance their green transition, S&P Global reports. According to British media reports, the government is close to signing a deal with British Steel. Secretary of State for Business …
The United States has notified the European Union that it is prepared to risk derailing attempts to reform one of the pillars of multilateral trade cooperation if the Union reopens a case in the World Trade Organization against Washington over the steel and aluminum dispute in the Trump era. European diplomats and officials said that …
Scrap exports from the EU in 2023 rose by 7% year-on-year to 18.53 million tons compared to 2022. Exports in 2022 saw a decline of 10% year-on-year for the first time after an upward trend of more than 6 years. In December 2023, EU scrap exports totaled 1.61 million tons, up 41% from December 2022, …
EU scrap exports rise by 7% in 2023 and Egypt ranks third Read More »
Luxembourg-based steelmaker ArcelorMittal has announced that it will receive around €1.3 billion in funding for its decarbonization projects at its Bremen and Eisenhüttenstadt plants in Germany from the country’s Federal Ministry for Economic Affairs and Climate Action. The funding, which is subject to the approval of the European competition authority, relates to an overall project …
Indian company Tata Steel announced on Friday that it will close both blast furnaces at its plant in Port Talbot, British Wales, cutting 2,800 jobs, as part of a plan to make its unprofitable UK operations smaller and environmentally cleaner. Tata plans to switch from coal-fired blast furnaces to electric arc furnaces, which emit less …
On 21 and 22 November, the SMS Group in Mönchengladbach hosted a meeting called “3rd Modular Technology Days for Pilger Cold mills”. Customers from Finland, the UK, Greece, Austria, Poland and many other countries joined in for two interesting days of wide-ranging presentations by SMS Group experts. SMS Group seeks to expand the partnership with …
US President Joe Biden announced Thursday that he is extending a suspension of Trump-era steel and aluminum tariffs against the European Union (EU) for two years as negotiations continue. With the United States and the EU still far from resolving a years-long dispute over their trade in metals, Biden said he was extending a pause …
US Will Extend Suspension of EU Steel Tariffs for 2 years Read More »
The European Union announced an agreement with the United States extending the suspension of special customs duties on steel and aluminum products until March 2025. This step aims to avoid further escalation in a long-term trade dispute with the United States that arose under the administration of former US President Donald Trump. The European Commission …
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]
