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

Latest steel industry headlines


GLOBAL BILLET WRAP: Major markets show mixed dynamics
Sun, 15 Oct 2017 16:34:00 GMT
Steel billet prices in Turkey bucked the general global trend ... the country was having a week-long national holiday one week ago. The regional Tangshan government shut down rerolling mills that had not switched their heating fuel from coal to gas from ...
https%3a%2f%2fwww.metalbulletin.com%2fArticle%2f3759086%2fCarbon-steel%2fGLOBAL-BILLET-WRAP-Major-markets-show-mixed-dynamics.html&c=5975525555963787596&mkt=en-gb


Iran opens major sponge iron mill
Sun, 15 Oct 2017 00:57:00 GMT
IMIDRO head Mehdi Karbasian said the sponge iron plant was the second largest of the eight major national projects which he hoped to become operational by the end of the current Iranian year on March 20, 2018. Steel is a strategic commodity for Iran ...
http%3a%2f%2ftheiranproject.com%2fblog%2f2017%2f10%2f15%2firan-opens-major-sponge-iron-mill%2f&c=17031354207817817589&mkt=en-gb


New DRI Plant Comes on Stream in Northwest Iran
Sat, 14 Oct 2017 13:32:00 GMT
Miyaneh Steel Complexs direct-reduced iron plant was inaugurated ... the rest were not well received due to their inappropriate locations and undesirable progress. Therefore, IMIDRO took over 65% of the projects shares and undertook the task of ...
https%3a%2f%2ffinancialtribune.com%2farticles%2fdomestic-economy%2f74207%2fnew-dri-plant-comes-on-stream-in-northwest-iran&c=14099454363968856395&mkt=en-gb


Mianeh sponge iron plant to be launched today
Thu, 12 Oct 2017 17:00:00 GMT
The country has been boosting steel production, targeting an output plateau of 55 million tons per year by 2015. Currently, Iran produces nearly 18 million tons, which is one percent of the global total. An IMIDRO statement says exports are expected to ...
http%3a%2f%2firan-daily.com%2fNews%2f202328.html&c=12555277988380820204&mkt=en-gb


Global Iron and steel Market. Analysis And Forecast to 2025
Thu, 12 Oct 2017 06:59:00 GMT
IndexBox has just published a new report World: Iron And Steel - Market Report ... United Kingdom, France, Brazil, Italy, Russian Federation, India, Canada, Australia, Republic of Korea, Spain, Mexico, Indonesia, Netherlands, Turkey, Saudi Arabia ...
https%3a%2f%2fwww.openpr.com%2fnews%2f770384%2fGlobal-Iron-and-steel-Market-Analysis-And-Forecast-to-2025.html&c=2629571949400695455&mkt=en-gb


MidEast Shares Mixed, Saudi Arabia Slides as Insurance Companies ...
Wed, 11 Oct 2017 08:56:00 GMT
Ezz Steel was reiterated at underweight with a fair value of 14 Egyptian pounds by Pharos Research. Pharos Research reportedly said difficulty in financing working capital would hold the company back from improving utilisation rates at its plants.
http%3a%2f%2fwww.nasdaq.com%2farticle%2fmideast-shares-mixed-saudi-arabia-slides-as-insurance-companies-suffer-on-expectations-of-more-regulation-cm858256&c=8338719738379513108&mkt=en-gb


MIDEAST STOCKS-Insurers drag down Saudi, UAE and Qatar climb
Wed, 11 Oct 2017 06:49:00 GMT
Doha Bank jumped 3.4 percent. Egypts index edged down 0.1 percent. Ezz Steel dropped 3.8 percent to 17.27 Egyptian pounds after a 2.4 percent fall on Tuesday, when the company reported a quarterly consolidated net loss attributable to shareholders of ...
http%3a%2f%2fwww.reuters.com%2farticle%2fmideast-stocks%2fmideast-stocks-insurers-drag-down-saudi-uae-and-qatar-climb-idUSL8N1MM284%3ffeedType%3dRSS&c=15879188046641757043&mkt=en-gb


Ukraine's Metinvest hopes EU will agree alternative to steel ...
Wed, 11 Oct 2017 06:43:00 GMT
On Friday, the European Union imposed tariffs on hot-rolled steel from Brazil, Iran, Russia and Ukraine after a complaint by EU producers that the construction and machinery product was being sold at excessively low prices. The duty amounts to around 60 ...
http%3a%2f%2fwww.reuters.com%2farticle%2fus-ukraine-metinvest-eu%2fukraines-metinvest-hopes-eu-will-agree-alternative-to-steel-duty-ceo-idUSKBN1CG1S5&c=4151472181213102774&mkt=en-gb


Iran's Mobarakeh eyes hike in steelmaking capacity on Saba plant ...
Wed, 11 Oct 2017 04:28:00 GMT
MSC produced 4.17 million mt of crude steel over April-September, the first six months of the current Iranian year, up 14% year on year, according to data from state-owned Iranian Mines & Mining Industries Development & Renovation, or Imidro. Domestic ...
https%3a%2f%2fwww.platts.com%2flatest-news%2fmetals%2fperth%2firans-mobarakeh-eyes-hike-in-steelmaking-capacity-26819141&c=6968639191332320994&mkt=en-gb


Global EPS Steel Sandwich Panels Industry Market Research Report ...
Wed, 11 Oct 2017 03:17:00 GMT
The EPS Steel Sandwich Panels market analysis is provided for the ... We also offer xxx Malaysia/Saudi Arabia/Middle xxx Asia/North America/ Latin America/South America ...
http%3a%2f%2freports.pr-inside.com%2fglobal-eps-steel-sandwich-panels-industry-market-r-r4642054.htm&c=6489016514142835169&mkt=en-gb


NLMK VP Receives Adolf Martens Award for Ultrahigh-Strength Steel ...
Wed, 11 Oct 2017 00:00:00 GMT
Dr. Bruno Charles De Cooman, NLMK Group Vice President for Research and Development, has been awarded the prestigious Adolf Martens Memorial Steel Lecture for his research into the properties of ultrahigh-strength steels.
http://nlmk.com/en/media-center/news-groups/nlmk-vp-receives-adolf-martens-award-for-ultrahigh-strength-steel-research/


Iran Steel Exports Rise 32%
Tue, 10 Oct 2017 10:13:00 GMT
The IMIDRO data released this week is a preliminary report on ... often follows in about two weeks time by the Iranian Steel Producers Association. KSC at Forefront, Albeit in Lower Gear Khouzestan Steel Company was the largest exporter by far during ...
https%3a%2f%2ffinancialtribune.com%2farticles%2feconomy-business-and-markets%2f73874%2firan-steel-exports-rise-32&c=10760016885464279348&mkt=en-gb


EU slaps anti-dumping duties on steel from four nations
Mon, 09 Oct 2017 08:28:00 GMT
The European Commission has imposed anti-dumping duties on imports of hot rolled flat steel products from Brazil, Iran, Russia and Ukraine. Hot-rolled flat steel is used in gas containers, pressure vessels, energy pipelines, tubes and shipbuilding.
http%3a%2f%2fwww.energylivenews.com%2f2017%2f10%2f09%2feu-slaps-anti-dumping-duties-on-steel-from-four-nations%2f&c=8293635372996227052&mkt=en-gb


EU sets duties on certain steel imports, tariff price controversial
Sun, 08 Oct 2017 22:40:00 GMT
The European Union has decided to set duties on hot-rolled steel from Brazil, Iran, Russia and Ukraine after a complaint by EU manufacturers that the product used for construction and machinery was being sold at excessively low prices. The EU will levy ...
http%3a%2f%2fwww.euractiv.com%2fsection%2feconomy-jobs%2fnews%2feu-sets-duties-on-certain-steel-imports-tariff-price-controversial%2f&c=12147013643543649404&mkt=en-gb


European Union Raises Tariffs on Steel Imports
Sun, 08 Oct 2017 07:22:00 GMT
Brussels, Oct 6 (Prensa Latina) The European Union (EU) will raise tariffs on Steel imports coming from Brazil, Russia, Ukraine and Iran, for considering the product is sold at low prices, informed today the European Commission. The rates were fixed ...
http%3a%2f%2fwww.plenglish.com%2findex.php%3fo%3drn%26id%3d19175%26SEO%3deuropean-union-raises-tariffs-on-steel-imports&c=6377933724489908382&mkt=en-gb


EU overcomes split to hit Iran steel with penalty
Sat, 07 Oct 2017 07:59:00 GMT
The decision came just a month after EU governments rejected the blocs proposed measures to levy trade tariffs on hot-rolled steel from Iran as well as Brazil, Russia and Ukraine. Chinese hot-rolled steel is already subject to anti-dumping duties but ...
http%3a%2f%2fpresstv.ir%2fDetail%2f2017%2f10%2f07%2f537766%2fIran-steel-exports-EU-antidumping-China&c=4014618527974422104&mkt=en-gb


EU introduces anti-dumping duty on Ukrainian steel
Sat, 07 Oct 2017 03:15:00 GMT
The EU introduced new anti-dumping duty on imports of certain hot-rolled flat products of iron, non-alloy or other alloy steel originating in Brazil, Iran, Russia and Ukraine, according to the regulation published in the Official Journal of the European ...
http%3a%2f%2f112.international%2ffinance%2feu-introduces-anti-dumping-duty-on-ukrainian-steel-21415.html&c=587340797141209129&mkt=en-gb


EU sets duties on Brazil, Iran, Russia, Ukraine steel
Fri, 06 Oct 2017 06:42:00 GMT
BRUSSELS Reuters - The European Union has decided to set duties on hot-rolled steel from Brazil, Iran, Russia and Ukraine after a complaint by EU manufacturers that the product used for construction and machinery was being sold at excessively low prices.
http%3a%2f%2fwww.reuters.com%2farticle%2fus-eu-steel-tariffs%2feu-sets-duties-on-brazil-iran-russia-ukraine-steel-idUSKBN1CB0L7&c=9892801586138554643&mkt=en-gb


EU slaps duties on Brazil, Iran, Russia steel
Fri, 06 Oct 2017 02:46:00 GMT
The EU decided Friday to impose anti-dumping tariffs on hot-rolled steel from Brazil, Iran and Russia. The duties, to be applied from Saturday, will be between 17.6 and 96.5 per tonne. The decision follows a complaint by the European steel ...
https%3a%2f%2feuobserver.com%2ftickers%2f139323&c=15048109748980672789&mkt=en-gb


Turkey's Oyak Group Seeking Opportunity to Return to Banking
Mon, 02 Oct 2017 03:34:00 GMT
The cement group is evaluating opportunities for acquisitions and investments abroad, Erdem said. The steel group, including Eregli Demir & Celik, or Erdemir, is investing in value-added, corrosive-proof steel that isnt currently produced in Turkey.
https%3a%2f%2fwww.bloomberg.com%2fnews%2farticles%2f2017-10-02%2fturkey-s-oyak-evaluating-opportunities-in-banking-sector-ceo&c=11764478960475410052&mkt=en-gb


Number of news reports: 20



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