Steel industry news - Middle East & Africa.
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Steel News - Middle East Region

Latest steel industry headlines


Steel Exports Can Help Ease Domestic Glut
Sun, 19 Feb 2017 15:29:00 GMT
The EU is currently investigating alleged dumping of hot-rolled steel by producers in Serbia, Brazil, Russia and Ukraine. According to Eurofer, Iranian exports to Europe had leapt to just over 1 million tons annually, putting the country just behind India ...
https://financialtribune.com/articles/economy-business-and-markets/59946/steel-exports-can-help-ease-domestic-glut&c=9616159223520128396&mkt=en-gb


EU reports huge rise in Iran steel imports
Fri, 17 Feb 2017 07:53:00 GMT
The report further added that the European Union was investigating alleged dumping of hot-rolled steel by producers in Iran, as well as Serbia, Brazil, Russia and Ukraine.
http://www.payvand.com/news/17/feb/1092.html&c=9111345802580405635&mkt=en-gb


Europe's steel industry adds Iranian imports to list of threats
Thu, 16 Feb 2017 11:00:00 GMT
The EU is investigating alleged dumping of hot-rolled steel by producers in Serbia and Iran as well as Brazil, Russia and Ukraine. It has already imposed penalties on China, prompting an angry response and a WTO complaint from Beijing. Eurofer says EU ...
http://www.reuters.com/article/uk-europe-steel-iran-idUKKBN15V2EY&c=9523413768391181818&mkt=en-gb


Iran aims for annual steel exports of 20-25 million tonnes by ...
Wed, 15 Feb 2017 20:30:00 GMT
IMIDRO did not respond immediately to requests for further information. The European steelmakers' association Eurofer says Iran has increased exports of hot rolled flat steel rapidly to the European Union (EU) market and has accused Iran of trade ...
http://www.reuters.com/article/iran-steel-idUSL8N1FY3KV&c=8109589786131136719&mkt=en-gb


Japan signs MOU in Tehran to study steel project
Tue, 14 Feb 2017 11:40:00 GMT
According to a report by IRNA, the MOU was signed at the IMIDRO building in Tehran on Monday and it will be implemented using the $10 billion credit line that Japan has allocated for Iran. In the signing ceremony the head of IMIDRO, Mehdi Karbasian ...
http://www.tehrantimes.com/news/411102/Japan-signs-MOU-in-Tehran-to-study-steel-project&c=1977453063047393167&mkt=en-gb


Japans Sojitz to study Iran steel project
Mon, 13 Feb 2017 21:49:00 GMT
IMIDRO Managing Director Mehdi Karbasian was quoted by the domestic media as saying that the project would mark a major milestone in Irans efforts to increase its production of steel products to as high as 55 million tons per year. Karbasian said that ...
http://www.iranoilgas.com/news/details%3Fid%3D17189%26title%3DJapan%25E2%2580%2599s%2BSojitz%2Bto%2Bstudy%2BIran%2Bsteel%2Bproject&c=10072205287283984104&mkt=en-gb


S&P downgrades Erdemir Group rating
Fri, 10 Feb 2017 01:20:00 GMT
International credit rating agency S&P Global Ratings announced that it has revised its outlook on Turkeys largest integrated steelmaker Erdemir Group to negative from stable and affirmed its 'BB' long-term corporate credit rating.....more
https://steelguru.com/steel/s-p-downgrades-erdemir-group-rating/472367&c=1529056785843416096&mkt=en-gb


Erdemir Group increases flat steel exports in 2016
Thu, 09 Feb 2017 09:14:00 GMT
Turkish steel producer Erdemir Group increased its export volumes of flat steel in 2016, while domestic flat steel sales decreased, the company reported on Tuesday February 7. Exports Erdemir Group exported a total of 890,000 tonnes of flat steel products ...
https://www.metalbulletin.com/Article/3660652/Carbon-steel/Erdemir-Group-increases-flat-steel-exports-in-2016.html&c=8591485602584333116&mkt=en-gb


Global Light Gauge Steel Market 2017- Knauf, Akkon, Armstrong ...
Wed, 08 Feb 2017 22:41:00 GMT
This report studies Light Gauge Steel in Global market, especially in United States, Canada, Mexico, Germany, France, UK, Italy, Russia, China, Japan, India, Korea, Southeast Asia, Australia, Brazil, Middle East and Africa,
http://www.mynewsdesk.com/us/news/global-light-gauge-steel-market-2017-knauf-akkon-armstrong-gyproc-boral-219113&c=8350974398497231568&mkt=en-gb


Iran Steel Market Conference Next Week
Tue, 07 Feb 2017 15:41:00 GMT
Domestic and foreign steel giants are expected to attend the conference this ... Karbasian will be next and is set to expand on IMIDROs current projects and achievements, followed by managing director of Islamic Republic of Iran Railways, Saeed ...
https://financialtribune.com/articles/economy-business-and-markets/59135/iran-steel-market-conference-next-week&c=8530304431638761303&mkt=en-gb


PSM liabilities: CCoP seeks more details
Mon, 06 Feb 2017 00:39:00 GMT
ISLAMABAD: Cabinet Committee on Privatisation (CCoP) has reportedly sought further details of Pakistan Steel Mills (PSM ... different industrial units and Gulshan-i-Hadeed, the sources said, adding that the Cabinet Committee on Privatisation (CCoP ...
http://www.brecorder.com/2017/02/06/336409&c=10165902364520225106&mkt=en-gb


Irans Mineral Output: 258m Tons in 10 Months
Sun, 05 Feb 2017 15:07:00 GMT
Khouzestan Steel Company with 5.1 million tons, CMIC with 3 million tons and MIDHCO with 1.06 million tons. MIDHCOs pellet output jumped by a whopping 3,342%. According to IMIDRO, the remarkable rise in output is mostly attributed to MIDHCOs ...
https://financialtribune.com/articles/economy-business-and-markets/58965/iran-s-mineral-output-258m-tons-in-10-months&c=4362787202720352490&mkt=en-gb


Cairo court annuls criminal proceedings against Mubarak-era minister ...
Sun, 05 Feb 2017 06:58:00 GMT
The Steel Licenses case, in which criminal proceedings have ... tycoon and former leading figure in the now-dissolved National Democratic Party Ahmed Ezz. However, last December, Egypts Court of Cassation overturned a criminal court ruling against ...
http://english.ahram.org.eg/NewsContent/1/64/257570/Egypt/Politics-/Cairo-court-annuls-criminal-proceedings-against-Mu.aspx&c=3402553288751731827&mkt=en-gb


Japan willing to share water reduction strategy with Iran's steel ...
Sat, 04 Feb 2017 20:10:00 GMT
Ken Hiroseh, deputy head of Kobel Co. affiliated to Japan's Kobe Steel Mill in a meeting with Head of IMIDRO Company said that by utilizing such technology the water consumption will be reduced by about 40 percent and gas consumption will also be reduced ...
http://www.irna.ir/en/News/82415948/&c=15228339263558297607&mkt=en-gb


China firing blanks in war on pollution as smog worsens
Thu, 02 Feb 2017 08:29:00 GMT
But after an inspection in May last year, the Ministry of Finance published a report in December that named and shamed Anhui, Tianjin, Henan and Shanxi for embezzlement ... with the increase linked to a surge in steel production sparked by a short-term ...
http://www.scmp.com/news/china/policies-politics/article/2066503/china-firing-blanks-war-pollution-smog-worsens&c=3904376948476646095&mkt=en-gb


Nucor Looks for a Much Stronger 2017
Tue, 31 Jan 2017 14:17:00 GMT
Steel mill production was up 13% to 4.99 million tons ... Last year, antidumping cases resulted in restrictions on countries including China, Brazil, South Africa, and Turkey, and further investigations of practices in Japan and Taiwan could add to ...
http://www.fool.com/investing/2017/01/31/nucor-looks-for-a-much-stronger-2017.aspx&c=5991395982294625992&mkt=en-gb


Iran Crude Steel Output Rises 10.8%
Wed, 25 Jan 2017 14:46:00 GMT
... exported over 4.12 million tons of crude steel and steel products in the nine months to December 20, registering 55% growth compared to last years corresponding period, according to IMIDRO. Domestic producers are expected to boost exports to 5.7 ...
https://financialtribune.com/articles/domestic-economy/58225/iran-crude-steel-output-rises-108&c=871134652694473275&mkt=en-gb


Ezz Steel eyes raising exports by 30pct in 2017
Tue, 24 Jan 2017 22:47:00 GMT
Egyptian steel maker Al Ezz Steel Rebars (Ezz Steel) aims at raising exports volume by 30 percent within 2017, Sales Manager Samir Noaman told Amwal Al Ghad on Tuesday. The official added that Ezz Steel's exports are expected to exceed one million tonnes ...
http://projects.zawya.com/Egypts_Ezz_Steel_eyes_raising_exports_by_30_in_2017/story/ZAWYA20170125060328/&c=9066340086233427490&mkt=en-gb


Qatar- QRCS prepares relief mission to war-torn Somalia
Sun, 22 Jan 2017 23:54:00 GMT
The delegation consisted QRCS' International Development head Naglaa al-Hajj and Africa Office in Doha headquarters head Ezz al-Din al-Galal ... Intl' Co-op signed a deal with the head of Egyptian Steel and head of Orman charity association in order ...
http://menafn.com/1095207768/Qatar-QRCS-prepares-relief-mission-to-wartorn-Somalia&c=2037572603686754422&mkt=en-gb


IMIDRO Seeks $3b Loan From NDFI
Sun, 22 Jan 2017 16:47:00 GMT
As reported by IMIDROs Public Relations Office, Karbasian believes the mining sectors growth is closely tied to stimulating demand in the construction sector and boosting consumption of steel, aluminum, cement and iron ore. The NDFI, Irans ...
https://financialtribune.com/articles/economy-domestic-economy/57991/imidro-seeks-3b-loan-from-ndfi&c=2413032251576988955&mkt=en-gb


Number of news reports: 20



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