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

Latest steel industry headlines


Turkey imposes anti-dumping duties on Chinese steel imports
Wed, 29 Nov 2017 05:13:00 GMT
A probe on such imports from China was commenced in December 2016 by the Economy Ministry in line with the request of Turkeys steel giant Erdemir. In a note, Investment said the share of flat non-rolled steel products in Erdemirs sales was not ...
http%3a%2f%2fhurriyetdailynews.com%2fturkey-imposes-anti-dumping-duties-on-chinese-steel-imports-123256&c=14507735734966659625&mkt=en-gb


Emirates Steel expects higher 2018 GCC steel demand as spreads ...
Tue, 28 Nov 2017 07:15:00 GMT
Emirates Steel, which operates in the GCC alongside DRI steel producers Hadeed, Qatar Steel, and Jindal Shadeed, may help meet World Steel Association expectations for steel consumption in the region to grow in 2018 by 3.9% to 24.6 million mt.
http%3a%2f%2fwww.hellenicshippingnews.com%2femirates-steel-expects-higher-2018-gcc-steel-demand-as-spreads-improve%2f&c=2143415478780376175&mkt=en-gb


NA body for resolving gratuity fund issue of PSM retired staff
Thu, 23 Nov 2017 18:08:00 GMT
The Standing Committee further discussed the matter regarding Al-Tawairqi Steel Mills Karachi, on proposal for restarting Al-Tuwairqi plant in Port Qasim and recommended to follow up the said proposal. Al-Tawairqi Mills is Pakistans first private-sector ...
http%3a%2f%2fnation.com.pk%2f24-Nov-2017%2fna-body-for-resolving-gratuity-fund-issue-of-psm-retired-staff&c=455222830962936767&mkt=en-gb


Irans Zisco signs mining machinery deal with Czech firm
Thu, 23 Nov 2017 01:08:00 GMT
Iran-based Zarand Iranian Steel Company (Zisco) signed a contract with the Czech Republic's OSTROJ to import machinery and engineering services in the field of underground coal mining, said a report. A European bank was also present at the signing ceremony ...
http%3a%2f%2fwww.tradearabia.com%2fnews%2fIND_333397.html&c=17960282007467030168&mkt=en-gb


Iran's ZISCO signs coal mining contract with Czech company
Wed, 22 Nov 2017 09:42:00 GMT
Zarand Iranian Steel Company (ZISCO) signed a contract with the Czech Republic's OSTROJ a.s. to import machinery and engineering services in the field of underground coal mining. A European bank was also present at the signing ceremony of the agreement ...
http%3a%2f%2fwww.iran-daily.com%2fNews%2f204808.html&c=5725535150629612113&mkt=en-gb


GLOBAL BILLET WRAP: Bearish demand continues to restrain spot ...
Sun, 19 Nov 2017 16:08:00 GMT
The inventory of billet was around 360,000 tonnes in Tangshan. Market participants do not expect any ... Turkish mills prefer to buy scrap over billet due weak demand in the finished steel export markets. The mills are importing billet within the ...
https%3a%2f%2fwww.metalbulletin.com%2fArticle%2f3767631%2fCarbon-steel%2fGLOBAL-BILLET-WRAP-Bearish-demand-continues-to-restrain-spot-prices.html&c=13237687012880522829&mkt=en-gb


COSCO Ship Detained After Crane Damaged
Fri, 17 Nov 2017 04:03:00 GMT
It was detained at the Al Ezz Dekheila Steel in the Dekheila port in Alexandria shortly after arrival. Read a related paper from Soka University which proposes a vision-based monitoring system designed and integrated to support vessel berthing work.
https%3a%2f%2fwww.porttechnology.org%2fnews%2fcosco_vessel_detained_after_egypt_mishap&c=991724425112259836&mkt=en-gb


Report explores the Global steel rebar market expected to grow ...
Mon, 13 Nov 2017 04:35:00 GMT
Steel rebar, commonly known as reinforcing steel or reinforcement ... Saudi Arabia, South Africa, and Brazil among others. In 2017, Asia-Pacific is expected to dominate the market.
https%3a%2f%2fwww.whatech.com%2fmarket-research%2findustrial%2f404871-global-steel-rebar-market-expected-to-grow-with-a-cagr-of-5-2-during-the-forecast-period-of-2017-to-2024&c=1236546058260122014&mkt=en-gb


Iran steel exports slow down
Mon, 06 Nov 2017 06:29:00 GMT
The IMIDRO data, released this week, is a preliminary report on large-scale exports. A more comprehensive and detailed version, including smaller private mills performance, often follows in about two weeks time by the Iranian Steel Producers Association.
http%3a%2f%2fwww.poandpo.com%2fnews_business%2firan-steel-exports-slow-down-6112017663%2f&c=8621170007506517028&mkt=en-gb


Irans Apr-Sep steel demand, export higher amid rise in production
Fri, 03 Nov 2017 03:41:00 GMT
Iran is expected to export 8 million mt of steel within the current Iranian year ending March 2018, according to mines and metal state holding company, Imidro.
http%3a%2f%2fwww.customstoday.com.pk%2firans-apr-sep-steel-demand-export-higher-amid-rise-in-production%2f&c=1906504983216697403&mkt=en-gb


Flat Steel Market: Study Applications, Types and Market Analysis ...
Thu, 02 Nov 2017 05:25:00 GMT
Hyundai Steel, IMIDRO, MMK, NSSMC, SAIL, Nucor Corporation, Severstal, Shagang Group. The Flat Steel Market, presents critical information and factual data about the global Flat Steel Market, providing an overall statistical study of this market on the ...
http%3a%2f%2fwww.menafn.com%2f1096029464%2fFlat-Steel-Market-Study-Applications-Types-and-Market-Analysis-including-Growth-Trends-and-Forecasts-to-2022&c=8043813187309472482&mkt=en-gb


One year after Egypt floated its currency, foreign investors ...
Thu, 02 Nov 2017 00:15:00 GMT
Analysts are most bearish on EZZ Steel (ESRS.CA), Juhayna Food Industries (JUFO.CA), and Elswedy Electric, as these stocks have received the highest number of sell ratings. EZZ Steel has received four buy ratings, four hold ratings, and four sell ratings ...
https%3a%2f%2fdailynewsegypt.com%2f2017%2f11%2f02%2fone-year-egypt-floated-currency-foreign-investors-back-local-stock-market%2f&c=10221577349138013250&mkt=en-gb


Saudis SABIC Q3 net profit up 10.7 pct on higher prices, sales
Sun, 29 Oct 2017 20:03:00 GMT
The company had expected this year to be positive in terms of economic growth in key markets. However, its steel unit Hadeed weighed on its results in the second quarter, when net profit fell 25 percent from the prior year. Chief Executive Yousef al-Benyan ...
http%3a%2f%2fwww.nasdaq.com%2farticle%2fsaudis-sabic-q3-net-profit-up-107-pct-on-higher-prices-sales-20171029-00094&c=14223171066258600393&mkt=en-gb


MPs dropped a clanger on steel for Big Ben job: ANDREW PIERCE ...
Sun, 29 Oct 2017 19:55:00 GMT
The contract for the refurbishment had been awarded to developers Sir Robert McAlpine who promised to achieve the most economically advantageous outcome so they opted for cheaper steel from Germany, Brazil and the United Arab Emirates.
http%3a%2f%2fwww.dailymail.co.uk%2fnews%2farticle-5030183%2fMPs-dropped-clanger-steel-Big-Ben-job.html&c=16498038395742177472&mkt=en-gb


Linde AG (LNAGF) CEO Aldo Belloni on Q3 2017 Results - Earnings ...
Fri, 27 Oct 2017 11:01:00 GMT
Also, we formed the joint venture with the steel producer Erdemir Group to construct and operate the largest air separation plant for a gases producer in Turkey. You may recall that back in March, we have guided a CapEx to sales ratio for the Gases ...
https%3a%2f%2fseekingalpha.com%2farticle%2f4117350-linde-ag-lnagf-ceo-aldo-belloni-q3-2017-results-earnings-call-transcript&c=13124665337925656753&mkt=en-gb


Steel Industry Recognizes Four Companies for Excellence in Health ...
Thu, 26 Oct 2017 20:46:00 GMT
The four companies- Hadeed Saudi Arabia, Liberty OneSteel Australia, Tata Steel Thailand and Usiminas Brazil were recognized for their ongoing commitments and achievements in safety and health management and their willingness to share them with peers ...
http%3a%2f%2fwww.scrapmonster.com%2fnews%2fsteel-industry-recognizes-four-companies-for-excellence-in-health-and-safety%2f1%2f66160&c=13819782480335510717&mkt=en-gb


Sunset proposal gets serious
Wed, 25 Oct 2017 07:03:00 GMT
Turkey accused the U.S. of interpreting the phrase public body rather loosely. Commerce has slapped CVDs on steel from Erdemir Group, a major steel producer that has Turkeys military pension fund as one of its major shareholders. The European ...
http%3a%2f%2fwww.politico.com%2ftipsheets%2fmorning-trade%2f2017%2f10%2f25%2fsunset-proposal-gets-serious-222996&c=11418408724253490690&mkt=en-gb


Private operator to haul iron ore in Turkey
Mon, 23 Oct 2017 06:20:00 GMT
Omsan will take over responsibility for hauling around 2 million tonnes of iron ore per year produced by Oyak-owned mining company Erdemir Madencilik at Demirda near Sivas to the groups Isdemir steel plant at Payas in Hatay province. Operating over a ...
http%3a%2f%2fwww.railwaygazette.com%2fnews%2ffreight%2fsingle-view%2fview%2fprivate-operator-to-haul-iron-ore-in-turkey.html&c=10286734443975990215&mkt=en-gb


Nine-month crude steel output tops 16m tons
Sun, 22 Oct 2017 17:00:00 GMT
The country has been boosting steel production, targeting an output plateau of 55 million tons per year by 2025. An IMIDRO statement says exports are expected to reach 20-25 million tons by 2025. Iran's biggest mill is Mobarakeh Steel Company which ...
http%3a%2f%2firan-daily.com%2fNews%2f202976.html&c=9613017228009773890&mkt=en-gb


Global Steel Grating Industry Market Research Report 2017
Fri, 20 Oct 2017 01:12:00 GMT
Export and Consumption Analysis of Steel Grating xxx Malaysia/Saudi Arabia/Middle xxx Asia/North America/ Latin America/South America/AMER/EMEA/Africa etc Countries ...
http%3a%2f%2fwww.mynewsdesk.com%2fqyresearch%2fpressreleases%2fglobal-steel-grating-industry-market-research-report-2017-2224860&c=17458383790486638645&mkt=en-gb


Number of news reports: 20



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