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Arab Steel Summit

Middle East

Arab countries’ crude steel production rises by 1.7% in January-October 2024

According to the latest report issued by the World Steel Organization on crude steel production, Arab countries’ crude steel production amounted to 3.6 million tons in October 2024, an increase of 0.4% compared to October 2023. Egypt topped Arab countries in steel production in October with a production 950,000 tons and a decline of 7.3%. …

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An agreement between the “Saudi Railways” and the French “Alstom” to raise the readiness of the Eastern Railways

The Saudi Railways (SAR) signed a contract with the French company Alstom Transport SA to raise the level of readiness of the Al Sharq network train fleet. This came on the sidelines of the Saudi Railways Exhibition and Conference, in Riyadh. The agreement aims to “provide training and qualification services to SAR employees, invest in …

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Emirates Steel CEO: Expected project to produce low-carbon steel in Abu Dhabi

Saeed Al Ghafri, CEO of Emirates Steel, a subsidiary of Emsteel Group, revealed a new project to produce low-carbon steel in Abu Dhabi, in cooperation with Japanese partners to meet the growing global demand for environmentally friendly products. Al Ghafri confirmed on the sidelines of the “Middle East Iron and Steel Conference 2024” held in …

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EMSTEEL Group and Tadweer Group to explore use of alternative fuels and raw materials in creating sustainable building materials

EMSTEEL Group, the UAE’s largest publicly listed steel and building materials company, and, Tadweer Group, Abu Dhabi’s waste management and recycling services leader, have signed a Memorandum of Understanding (MOU) to explore the use of alternative fuels and raw materials in creating green building materials. The agreement focuses on harnessing Tadweer Group’s production of Refuse …

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Hamriyah Free Zone in Sharjah includes 450 companies in the steel sector with an area of ​​50 million square feet

His Excellency Saud Salim Al Mazrouei, Director of the Hamriyah Free Zone Authority in Sharjah, stressed the leading role played by the zone in promoting the steel and iron industry sector as a dynamic business center that serves investors and provides them with strategic access to regional and global markets, explaining that the authority includes …

Hamriyah Free Zone in Sharjah includes 450 companies in the steel sector with an area of ​​50 million square feet Read More »

Saeed Al Rumaithi: The construction sector supports the steel industry and grows by 3%

Saeed Ghumran Al Rumaithi, CEO of Emsteel Group, explained that the group’s performance is good and appropriate, compared to competitors and steel manufacturers worldwide, noting that the industrial sector is going through many challenges globally, due to the economic conditions and the slowdown in global economies, and the impact on the international shipping sector, which …

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Masdar and Emsteel announce successful pilot project to produce sustainable steel using green hydrogen

Abu Dhabi Future Energy Company (Masdar), the world’s leading clean energy company, and Emsteel Group, the largest listed steel and building materials company in the UAE, have announced the successful completion of the development of a pilot project to produce sustainable steel using green hydrogen. The pilot project in Abu Dhabi is the first of …

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Arab countries’ crude steel production increases by 1.9 % in January – September 2024

According to the latest report issued by the World Steel Organization on crude steel production, Arab countries’ crude steel production to 3.4 million tons in September 2024, an increase of 2.2% compared to September 2023. Egypt topped Arab countries in steel production in September with a production volume of 867 thousand tons and an increase …

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Building materials prices record slight declines in Q2 2024

Prices of major building materials groups recorded slight relative declines during the second quarter compared to the first quarter of 2024, as cement prices decreased by 1-3%, while rebar decreased by about 4.8% in the same comparison, according to data from Dubai Statistics, published by Dubai Digital. As for rebar, twisted steel measuring (6-8) millimeters …

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Al Yamamah Steel signs two contracts to supply steel towers worth 309 million riyals

On October 20, 2024, Al Yamamah Steel Industries Company signed a contract to supply steel towers with Larsen & Toubro Saudi Arabia for the project to establish a 500 kV ultra-high voltage line from the central region to the western region (phase three) worth 170.5 million riyals. The company said in a statement on Tadawul …

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Arab Steel Summit calls for enhancing the status of the Arab steel industry and building bridges of cooperation between scientific research and steel companies

Last Monday, the 17th Arab Steel Summit was held in Doha, Qatar, organized by the Arab Iron and Steel Union in cooperation with Qatar Steel Company under the patronage of His Excellency Eng. Saad Sherida Al Kaabi, Minister of State for Energy Affairs – State of Qatar. It is the largest and most important event …

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Algerian companies strongly present in the 17th Arab Steel Summit in Doha

Algeria participated strongly in the activities of the 17th Arab Steel Summit in the Qatari capital, Doha, during the 14th and 15th of October, represented by the Metallurgical and Steel Industries Complex (Imetal) in Algeria and all its subsidiaries, in addition to the Algerian-Qatari Steel Company, the largest successful Arab-Arab investment in the field of …

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Al Jazeera Steel profits rise to 3.91 million riyals (+62%) in January – September 2024

Al Jazeera Steel Company, operating in the iron pipes industry, increased its profits to OMR 3.91 million (31 baisa/share) by the end of the first nine months of 2024, compared to profits of OMR 2.41 million achieved in the same period in 2023, as shown in the following table: income list Period September 2023 September  …

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Bahrain imports iron ores worth 47.5 million dinars from Brazil in September

The Information and eGovernment Authority explained that during September, the Kingdom of Bahrain imported iron ores and non-agglomerated concentrates from Brazil worth 47.5 million dinars, with a volume of one million kilograms. The Authority issued its report on foreign trade statistics for the month of September 2024, where the report includes data on imports and …

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Arab Steel Summit kicks off in Qatar with attendance of major Egyptian companies

The Arab Steel Summit kicked off this Monday morning, organized by the Arab Iron and Steel Union, with attendance of major Arab iron and steel companies, Ezz Steel Egypt, El Ashry Steel Group, El Marakby Steel Company, and other Egyptian companies. The Arab Steel Summit, which is being held this year in Doha, the capital …

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Arab Steel Summit: Expected growth in demand for steel products supported by infrastructure projects

George Matta, Head of Marketing Sector at Ezz Steel and Chairman of the Economic Committee of the Arab Iron and Steel Union, expected that demand for steel products in the Middle East region will increase during 2024, supported by infrastructure projects implemented by Egypt, Saudi Arabia, the United Arab Emirates, and Algeria. In his speech …

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Arab Steel Summit in Doha Discusses Geopolitical Challenges to Steel Industry

The 17th Arab Steel Summit kicked off in Doha today, Monday, with the attendance of about 550 participants from the most prominent influencers and experts in the iron and steel industry. In his opening speech, Al Kaabi pointed to a set of challenges facing the steel industry in the Arab world, especially geopolitical fluctuations and …

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Speech of the Secretary General Dr. Kamel Djoudi at the 17th Arab Steel Summit

In the name of Allah, the Most Gracious, the Most Merciful His Excellency Eng. Saad Sherida Al-KaabiMinister of State for Energy Affairs – State of Qatar Your Excellencies the Ambassadors of the Arab Countries His Excellency Mr. Awad Al-Khalidi, Chairman of the Board of Directors of the Arab Iron and Steel Union Ladies and Gentlemen …

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Arab Steel Summit .. Minister of State for Energy Affairs: The steel industry needs to invest in advanced technologies

His Excellency Eng. Saad Sherida Al Kaabi, Minister of State for Energy Affairs, opened the 17th Arab Steel Summit and the accompanying International Iron and Steel Exhibition, calling for strengthening the position of the Arab iron and steel industry on the global map and creating appropriate regulatory and investment conditions to stimulate its growth and …

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