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

Latest steel industry headlines


Newton Resources : Announcements and Notices - Continuing Connected ...
Tue, 25 Apr 2017 18:41:00 GMT
As such, SCIT is an associate of Shougang Hong Kong and a connected person of the Company ... the comparable market price shown for the iron ore in the applicable Platts Iron Ore Index in SBB Steel Markets Daily (or such other index that is commonly ...
http://www.4-traders.com/NEWTON-RESOURCES-LTD-8306806/news/Newton-Resources-Announcements-and-Notices-Continuing-Connected-Transaction-Master-Purchase-Agre-24265768/&c=801926577202424218&mkt=en-gb


Local steelworkers, lawmakers hopeful for Trumps steel plan
Sun, 23 Apr 2017 19:14:00 GMT
The U.S. imports steel from more than 90 countries, according to the International Trade Administration. Top providers include Canada, Mexico, Russia, Brazil, Turkey and Germany.
http://wkbn.com/2017/04/23/local-steelworkers-lawmakers-hopeful-for-trumps-steel-plan/&c=4666326021585758374&mkt=en-gb


Erdemir Group reports earnings up 262% in Q1 2017
Fri, 21 Apr 2017 10:06:00 GMT
Output The Erdemir Group has two steel plants, one in northern Turkey and one in the southern part of the country, with combined crude steel production capacity of 9.20 million tpy. The group produced 25% of Turkeys total crude steel output in the first ...
https://www.metalbulletin.com/Article/3711389/Erdemir-Group-reports-earnings-up-262-in-Q1-2017.html&c=12840016168267151195&mkt=en-gb


China on notice as Donald Trump launches probe into security ...
Thu, 20 Apr 2017 11:41:00 GMT
At present, the US imports steel from over 90 countries, including Canada, Mexico, Russia, Brazil, Turkey and Germany. According to the Associated Press, since signing the memo, President Trump has said the investigation into steel imports has nothing to ...
http://www.ibtimes.co.uk/donald-trump-launches-probe-into-national-security-implications-us-steel-imports-1617897&c=2624930280499656445&mkt=en-gb


Trump to explore national security implications of steel imports
Thu, 20 Apr 2017 10:13:00 GMT
The US imports steel from over 90 countries, according to the International Trade Administration. Top providers include Canada, Mexico, Russia, Brazil, Turkey and Germany. The US has maintained a longstanding trade deficit in steel products, though the ITA ...
http://www.cnn.com/2017/04/20/politics/trump-steel-national-security/index.html&c=6470781210178160641&mkt=en-gb


Play The Chinese Steel Cycle With ArcelorMittal
Wed, 19 Apr 2017 03:24:00 GMT
The steel sector is plagued by price swings that are to a great ... An additional AD investigation on imports of HRC from five additional countries (Brazil, Iran, Ukraine, Russia and Serbia) is ongoing as is the AS investigation for HRC imports from ...
https://seekingalpha.com/article/4063296-play-chinese-steel-cycle-arcelormittal&c=16651546452961994185&mkt=en-gb


Iran boosting iron ore pellet production capacity
Wed, 19 Apr 2017 01:47:00 GMT
Platts Irans largest steel producer, Mobarakeh Steel Co (MSC), has completed ... expected to increase to about 42 million mt/year up to March 2018, according to Imidro the state-owned holding company active in Irans mining sector.
http://theiranproject.com/blog/2017/04/19/iran-boosting-iron-ore-pellet-production-capacity/&c=13573617915278779224&mkt=en-gb


Nucor Co. (NUE) Shares Bought by Gulf International Bank UK Ltd
Sun, 16 Apr 2017 14:09:01 GMT
Gulf International Bank UK Ltd raised its stake in Nucor Co. by 3.5% during the first quarter, according to its most recent filing with the SEC.
http://www.topix.com/com/nue/2017/04/nucor-co-nue-shares-bought-by-gulf-international-bank-uk-ltd?fromrss=1


Iran Registers Growth in Coal Extraction, Concentrate Output
Sat, 15 Apr 2017 18:36:00 GMT
TPCCO in South Khorasan Province and CACCO in Mazandaran Province are both subsidiaries of IMIDRO. South Khorasan Provinces Tabas ... The coal sector plays a crucial role in the steel production chain, as it is the primary feedstock required for running ...
https://financialtribune.com/articles/economy-business-and-markets/62457/iran-registers-growth-in-coal-extraction-concentrate&c=16450287747716384323&mkt=en-gb


Steel Import, Iron Ore Export Duties Unchanged
Sat, 15 Apr 2017 16:45:00 GMT
Iran Steel Producers Association and Syndicate of Steel Pipe and ... according to Iranian state mines and metal holding, IMIDRO.
https://financialtribune.com/articles/economy-business-and-markets/62461/steel-import-iron-ore-export-duties-unchanged&c=2712679964768522655&mkt=en-gb


STEEL WEEK IN BRIEF: Iron ore prices plunge, Chinese steel export ...
Fri, 14 Apr 2017 12:35:00 GMT
European steelmakers are targeting higher prices for finished long steel products. The European Commission (EC) has decided to not impose preliminary duties on imports of HRC from Brazil, Iran, Russia, Serbia and Ukraine. Russian steelmaker Severstal has ...
https://www.metalbulletin.com/Article/3709813/Flat-products/STEEL-WEEK-IN-BRIEF-Iron-ore-prices-plunge-Chinese-steel-export-prices-fall-EU-HRC-trade-case.html&c=4493466451150227430&mkt=en-gb


EU hits China with new anti-dumping duties on steel imports ...
Thu, 13 Apr 2017 01:17:00 GMT
However, capacity rose last year. Beijing has said steel overcapacity is not only a Chinese concern but a global one. The Commission said a similar investigation into Brazil, Iran, Russia, Serbia, and Ukraine is still in process and would continue for six ...
https://inserbia.info/today/2017/04/eu-hits-china-with-new-anti-dumping-duties-on-steel-imports-beijing-pledges-retaliation/&c=2547760956563631864&mkt=en-gb


POSCO Commercializes High Manganese Steel Production Technology ...
Thu, 13 Apr 2017 00:00:00 GMT
POSCO succeeded in the world's first commercialization of high manganese steel production process technology based on molten ferromanganese (FeMn) alloy. POSCO Technical Research Laboratories completed a commercial production test of hi..
http://www.posco.com/homepage/docs/eng5/jsp/prcenter/news/s91c1010025v.jsp?idx=2722&onPage=1


S & P confirmed Erdemir's note first and then withdrew it
Wed, 12 Apr 2017 01:26:00 GMT
International credit rating agency Standard and Poors confirmed Erdemir's credit ratings and withdrew. According to the S & P statement, the withdrawal was based on the request of the Company. The company's rating before retraction was 'BB', the outl.....more
https://steelguru.com/steel/s-p-confirmed-erdemir-s-note-first-and-then-withdrew-it/478263&c=11911175595500419508&mkt=en-gb


KWSB illegally approved connections: NAB
Tue, 11 Apr 2017 17:17:00 GMT
The investigating officials of NAB informed the institutions that had been entertained during this period include Tuwairqi Steel Mills Limited, Pakistan Textile City, Askari V, Bahria Town Karachi, Faisal Base (PAF), Fauji Fertilizer Bin Qasim, Coca Cola ...
http://dailytimes.com.pk/sindh/12-Apr-17/kwsb-illegally-approved-connections-nab&c=4245572022544188192&mkt=en-gb


EC Spokesman: No Anti-Dumping Duties on Iran
Tue, 11 Apr 2017 16:00:00 GMT
The commission decided not to impose provisional duties on hot rolled flat steel products from Brazil, Iran, Russia, Serbia and Ukraine, the spokesman said. The EC was expected to set preliminary anti-dumping duties on HRC from the five countries on ...
https://financialtribune.com/articles/economy-business-and-markets/62226/ec-spokesman-no-anti-dumping-duties-on-iran&c=17167642110311131965&mkt=en-gb


KSC is Irans Biggest Steel Exporter
Sat, 08 Apr 2017 15:52:00 GMT
Khouzestan Steel Company became Iran's largest exporter of steel by ... We will also focus on the American market such as Brazil and Canada in the current year, he said. Our export price is, on average, 15% higher than domestic market levels.
https://financialtribune.com/articles/economy-business-and-markets/62071/ksc-is-iran-s-biggest-steel-exporter&c=8754616147214941044&mkt=en-gb


Irans Khouzestan Steel exports 1.9 mln mt in latest year
Sat, 08 Apr 2017 02:06:00 GMT
TEHRAN: Khouzestan Steel Company has become Irans largest exporter of steel ... We will also focus on the American market such Brazil and Canada in the current year, he said. Our export price is, on average, 15% higher than domestic market levels ...
http://www.customstoday.com.pk/irans-khouzestan-steel-exports-1-9-mln-mt-in-latest-year/&c=531213708949776514&mkt=en-gb


Steel bosses welcome European Commission measures against Chinese ...
Fri, 07 Apr 2017 21:48:00 GMT
The EU will impose higher customs duties on Chinese iron and steel products than originally intended, but, somewhat inconsistently, not for the same products from Brazil, Iran, Russia, Serbia and the Ukraine. G20 governments recognized in September that ...
http://footballhebdo.com/2017/04/steel-bosses-welcome-european-commission-measures-against/&c=13695681664345006384&mkt=en-gb


The US Strike on Syria Underscores Trumps Media-Fueled Worldview
Fri, 07 Apr 2017 00:28:00 GMT
The medical possibilities now are very limited, Oussama Abo Ezz said, his voice rising but only just distinguishable ... Yassin has made his grenades less expensive by switching from nails to steel tailings. Meanwhile, he observed that his brother ...
https://www.wired.com/2017/04/us-strike-syria-underscore-trumps-media-fueled-worldview/&c=1476089431659621655&mkt=en-gb


Number of news reports: 20



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