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

Latest steel industry headlines


MIDEAST STOCKS-Egypt tumbles on stamp duty worry, Q4 earnings ...
Thu, 19 Jan 2017 06:31:00 GMT
Six shares in the index slumped their 10 percent daily limits, including Ezz Steel. SAUDI ARABIA, KUWAIT The Riyadh index edged up 0.3 percent but trading volume dropped to its lowest in 12 weeks. The largest lender by assets, National Commercial Bank ...
http://www.reuters.com/article/mideast-stocks-idUSL5N1F92WX&c=17610523175746856987&mkt=en-gb


Chinas Executive Pay Data Show it Pays to Diversify
Wed, 18 Jan 2017 04:22:00 GMT
... six producers of iron and steelAnsteel Group Corp., Baosteel Group Corp., Wuhan Iron & Steel Group Co., China Minmetals Corp., Sinosteel Corp. and Xinxing Cathay International Group Co.posted some of the lowest comparable remuneration. Lowest in ...
http://blogs.wsj.com/chinarealtime/2017/01/17/chinas-executive-pay-data-show-it-pays-to-diversify/&c=11846125113383399515&mkt=en-gb


China steel, iron ore: A new year, a new bubble: Russell
Tue, 17 Jan 2017 04:02:00 GMT
Australia and Brazil supply about 83 percent of China's imports, but the smaller producing countries, such as South Africa, India and Iran, will no doubt be looking at grabbing some additional market share. Even if China's steel output remains steady in ...
http://www.dailymail.co.uk/wires/reuters/article-4127842/China-steel-iron-ore-A-new-year-new-bubble-Russell.html&c=634074551594168958&mkt=en-gb


Carpentaria Exploration : Drilling Update
Sun, 15 Jan 2017 17:24:00 GMT
Vale and Samarco, making it in buyers' interests to support additional supply sources. Carpentaria's Product Marketing Director and former steel maker and iron ore marketer with BHP, Lou Jelenich, recently visited the Middle East to strengthen existing ...
http://www.4-traders.com/CARPENTARIA-EXPLORATION-L-10355470/news/Carpentaria-Exploration-Drilling-Update-23698155/&c=14328717134738187890&mkt=en-gb


ArcelorMittal USA secures tariffs of up to 94 percent
Thu, 12 Jan 2017 12:40:00 GMT
The U.S. International Trade Commission has determined imports of steel plates from Brazil, South Africa and Turkey have been hurting U.S. steelmakers, a decision that will result in tariffs of up to 94 percent. ArcelorMittal USA, Nucor and SSAB from Lisle ...
http://www.nwitimes.com/business/steel/arcelormittal-usa-secures-tariffs-of-up-to-percent/article_0bac239f-6166-504c-ba24-e98008c9a1b0.html&c=12131676494595699369&mkt=en-gb


Steel Prices: Chinese Steel Futures Continue Rally, US Steel ...
Thu, 12 Jan 2017 12:04:00 GMT
... US International Trade Commission has determined imports of steel plates from Brazil, South Africa and Turkey have been hurting US steelmakers. Tariffs up to 94% will be applied to these imports. ArcelorMittal USA, Nucor and SSAB requested the tariffs.
http://www.economiccalendar.com/2017/01/12/steel-prices-chinese-steel-futures-continue-rally-us-steel-sector-downgraded/&c=14776794690038550700&mkt=en-gb


US Forges Ahead With More Duties On Foreign Steel
Fri, 06 Jan 2017 15:04:00 GMT
... victory Friday as the U.S. International Trade Commission finalized hefty tariffs on imports of cut-to-length steel plate from Brazil, South Africa and Turkey that had been sold at unfairly low prices. In a unanimous vote, the six ITC commissioners ...
https://www.law360.com/articles/878409/us-forges-ahead-with-more-duties-on-foreign-steel&c=6948326715793096685&mkt=en-gb


US ITC affirms injury by steel plate imports from Brazil, South ...
Fri, 06 Jan 2017 15:01:00 GMT
It also found a 94.14% dumping margin for South Africa's Evraz Highveld Steel and Vanadium and a 87.72% rate for all other South African companies. Turkey's Erdemir received a 50% preliminary dumping margin, while all other Turkish companies would be ...
http://www.platts.com/latest-news/metals/pittsburgh/us-itc-affirms-injury-by-steel-plate-imports-21532669&c=1247289746654256023&mkt=en-gb


US ITC affirms injury by steel plate imports from Brazil, South ...
Fri, 06 Jan 2017 15:01:00 GMT
The US International Trade Commission determined Friday that the US steel industry was injured by imports of cut-to-length steel plate from Brazil, South Africa and Turkey, and as a result, the US will formalize the high dumping margins found in November.
http://www.platts.com/latest-news/metals/pittsburgh/us-itc-affirms-injury-by-steel-plate-imports-21532669&c=1247289746654256023&mkt=en-gb


Steel Prices: US Steel Producers Cautiously Optimistic About ...
Fri, 06 Jan 2017 12:32:00 GMT
The investigations are not over. On Friday, the US International Trade Commission said it found harm to US producers from imports of certain carbon and alloy steel cut-to-length plate from Brazil, South Africa and Turkey. Meanwhile, US steel production ...
http://www.economiccalendar.com/2017/01/06/steel-prices-us-steel-producers-cautiously-optimistic-about-2017/&c=5557248915973445114&mkt=en-gb


Japan Steel Wire Rope Industry Market Research Report 2017
Thu, 05 Jan 2017 01:14:00 GMT
The Steel Wire Rope market analysis is provided for the Japan ... We also offer xxx Malaysia/Saudi Arabia/Middle xxx Asia/North America/ Latin America/South America ...
http://reports.pr-inside.com/japan-steel-wire-rope-industry-market-research-rep-r4559696.htm&c=10357319206544226634&mkt=en-gb


Global Steel Sandwich Panels Market 2017 Silex, Isomec, GCS ...
Tue, 03 Jan 2017 21:30:00 GMT
This report studies Steel Sandwich Panels 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-steel-sandwich-panels-market-2017-silex-isomec-gcs-mbci-zhongjie-210822&c=11714200349926230298&mkt=en-gb


Glencore and QIA partnership relating to Rosneft
Tue, 03 Jan 2017 00:00:00 GMT
RNS Number: 2404T Glencore PLC 03 January 2017 Glencore plc Baar, Switzerland 3 January, 2017 New strategic partnership between Glencore and Qatar Investment Authority relating to Rosneft The Company announces that final settlement has been completed and closing achieved for the transaction described in its release of 10 December 2016. For further inform...
http://www.iii.co.uk/research/LSE:GLEN/news/item/2225681/glencore-and-qia-partnership-relating-rosneft?context=LSE:GLEN


Japan LED Steel Flashlight Industry Market Research Report 2016
Mon, 02 Jan 2017 19:19:00 GMT
The LED Steel Flashlight market analysis is provided for the Japan ... We also offer xxx Malaysia/Saudi Arabia/Middle xxx Asia/North America/ Latin America/South America ...
http://reports.pr-inside.com/japan-led-steel-flashlight-industry-market-researc-r4558892.htm&c=16067754204417174099&mkt=en-gb


Mineral products export hits $4.4bn in 8 months
Tue, 27 Dec 2016 00:00:00 GMT
Deputy for the Iranian Mines & Mining Industries Development & Renovation (IMIDRO) Amir Sabbagh made the remark while ... 72.9% rise compared with the same period a year ago. Exports of steel chain and downstream products also experienced a 106.6% rise ...
http://www.customstoday.com.pk/mineral-products-export-hits-4-4bn-in-8-months/&c=8809244607685989572&mkt=en-gb


Irans steel exports to reach 6mn tons
Fri, 23 Dec 2016 01:33:00 GMT
Abdolmajid Sharifi encouraged domestic and foreign companies to make investments in Irans steel industry by launching negotiations with Iranian Mines & Mining Industries Development & Renovation (IMIDRO) or National Iranian Steel Company (NISCO).
http://www.customstoday.com.pk/irans-steel-exports-to-reach-6mn-tons/&c=12405914176664016630&mkt=en-gb


EMERGING MARKETS-Brazil rate futures flat after central bank ...
Thu, 22 Dec 2016 07:10:00 GMT
Brazil's benchmark Bovespa stock index fell 0.7 percent, weighed down by falling shares of miner Vale SA . China steel and iron ore futures slumped more than 4 percent on Thursday as a smog that engulfed northern cities of the country this week slowed ...
http://www.reuters.com/article/emerging-markets-latam-idUSL1N1EH0W3&c=8595067994976338768&mkt=en-gb


Best performing Egyptian stocks index hits record high
Tue, 20 Dec 2016 08:50:00 GMT
In stock specific action, Global Telecom Holding jumped more than 11 per cent, while Ezz Steel rose 8 per cent. Misr Hotels also jumped 8 per cent. The stocks that have been driving the market higher were CIB, Global Telecom among others. They were all ...
http://gulfnews.com/business/sectors/markets/best-performing-egyptian-stocks-index-hits-record-high-1.1949038&c=6235686878502824714&mkt=en-gb


SMA Commends Launching of Global Forum on Steel Excess Capacity
Tue, 20 Dec 2016 00:00:00 GMT
Following months of extensive outreach and diplomatic negotiations, Commerce Secretary Pritzker and U.S. Trade Representative Froman today announced the launch of the Global Forum on Steel Excess Capacity.
http://steelnet.org/sma-commends-launching-of-global-forum-on-steel-excess-capacity/


Gulf markets inch higher as trading volume shrinks
Sun, 18 Dec 2016 12:29:00 GMT
Orascom Telecom, the most heavily traded share, added 2.6% and Ezz Steel jumped 10%. Ezz reported sharply higher third-quarter sales at the end of last week, though it continued to make a loss. But Qalaa Holdings slumped 3.3% after the company reported a ...
http://www.gulf-times.com/story/525138/Gulf-markets-inch-higher-as-trading-volume-shrinks&c=9814641405152950515&mkt=en-gb


Number of news reports: 20



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