Steel industry news - Middle East & Africa.
sotn


Steel News - Middle East Region

Latest steel industry headlines


Iran set for landmark jump of 70% in aluminum output
Wed, 25 Apr 2018 08:53:00 GMT
IMIDRO has also held bidding for Persian Gulf Alumina which ... As part of expansion plans for its resources industry, Iran seeks to boost steel production to 55 million tonnes by 2025 from 31 million currently. Last year, Iran's steel exports soared ...
http://www.payvand.com/news/18/apr/1112.html&c=7108290076498693350&mkt=en-gb


US Steel Import Restrictions Unsettle EU Steel Market
Mon, 23 Apr 2018 03:46:00 GMT
Nevertheless, steel demand remains relatively strong ... Third country import offers are available from Turkey and Brazil but prices remain quite high. Activity is at a good level, in France. Prices are relatively stable, this month.
https://www.hellenicshippingnews.com/us-steel-import-restrictions-unsettle-eu-steel-market/&c=17040502765820638079&mkt=en-gb


Report explores the global crude steel sales market
Wed, 18 Apr 2018 22:18:00 GMT
Magnitogorsk Iron And Steel Works (Mmk), Iranian Mines & Mining Industries (Imidro), Techint (Tenaris), Maanshan Steel and others. Access complete report at: xxx When taking a good look at this report, based on the ...
https://www.whatech.com/market-research/industrial/460937-report-explores-the-global-crude-steel-sales-market&c=17749301531165162208&mkt=en-gb


El Ezz Aldekhela Steel Alexandria : Ezz Aldekhela Steel OGM okays ...
Tue, 17 Apr 2018 03:55:00 GMT
ArabFinance: EL Ezz Aldekhela Steel - Alexandria (IRAX)declared in a statement sent to EGX, the ordinary general assembly was convened on April 16. The OGM approved the financial results for the fiscal period ending December 2017, as well as the profit ...
http://www.4-traders.com/EL-EZZ-ALDEKHELA-STEEL-AL-6498219/news/El-Ezz-Aldekhela-Steel-Alexandria-Ezz-Aldekhela-Steel-OGM-okays-shareholders-dividends-of-LE802-m-26367135/&c=5786028321593603176&mkt=en-gb


Last corruption case against Ahmed Ezz dropped per reconciliation
Sat, 14 Apr 2018 08:27:00 GMT
CAIRO 14 April 2018: Cairo Criminal Court dropped the last corruption case against Egyptian steel tycoon Ahmed Ezz per the Reconciliation Law on Saturday. The court dropped charges of squandering LE 5 billion of public money in the Dekheila Steel ...
http://www.egypttoday.com/Article/1/47785/Last-corruption-case-against-Ahmed-Ezz-dropped-per-reconciliation&c=17611525074722713162&mkt=en-gb


Heat-Treated Steel Plates Market $133.54 billion Growing at CAGR ...
Fri, 13 Apr 2018 08:06:00 GMT
Essar Steel , Bloomberg L.P. Precision Steel Warehouse ... Saudi Arabia, South Africa and, Brazil among others. For customisation in report, Ask Our Experts xxx Data Bridge Market Research set ...
https://www.openpr.com/news/1016373/Heat-Treated-Steel-Plates-Market-133-54-billion-Growing-at-CAGR-of-3-4-in-Upcoming-Years-2018-2025.html&c=1213556802565327313&mkt=en-gb


EGX starts week in green, market capitalization gains LE 11.4B
Tue, 10 Apr 2018 07:57:00 GMT
TransOceans Tours, EL Ezz Aldekhela Steel - Alexandria, and Belton Financial Holding were top gainers of the session by 14.29 percent, 9.51 percent, and 8.27 percent, respectively. While Raya Contact Center, Misr National Steel - Ataqa, and Egyptian Starch ...
http://www.egypttoday.com/Article/3/47413/EGX-starts-week-in-green-market-capitalization-gains-LE-11&c=5730758319643487001&mkt=en-gb


NYK, Oyak to Build Car Terminal in Turkey
Fri, 06 Apr 2018 18:19:00 GMT
Turkeys Oyak Group - owner of the countrys biggest steel producer, Erdemir Group - is to invest in a car logistics terminal in Yarimca port near Istanbul in partnership with Japans Nippon Yusen Kaisha (NYK Line). According to a Reuters - report ...
https://www.marinelink.com/news/terminal-turkey-build436061&c=7012611179556115245&mkt=en-gb


EU LONG STEEL OUTLOOK: Spring demand boost expected; regional ...
Thu, 05 Apr 2018 05:14:00 GMT
The EU, Argentina, Australia, Brazil and South Korea have received temporary exemptions from the US tariffs. Some EU market participants expect an increase in import volumes of long steel products from Turkey, whose producers have been hit by the Section ...
https://www.metalbulletin.com/Article/3798788/Carbon-steel/EU-LONG-STEEL-OUTLOOK-Spring-demand-boost-expected-regional-pricing-mixed.html&c=14658538782347761559&mkt=en-gb


Evans to Lead International Salvage Union
Thu, 05 Apr 2018 01:00:00 GMT
A P Moller Holding (APMH). NYK, Oyak to Build Car Terminal in Turkey Turkeys Oyak Group - owner of the countrys biggest steel producer, Erdemir Group - is to invest in a car logistics terminal
https://www.marinelink.com/news/international-salvage435996&c=14350342801481002810&mkt=en-gb


New report: Steel rebars market analysis to 2022
Wed, 04 Apr 2018 15:13:00 GMT
This Report Covers Market Segment by Manufacturers: ArcelorMittal,Hebei Iron and Steel,Baowu Group,Jiangsu Shagang,Sabic Hadeed,EVRAZ,Nucor,Riva Group,Emirates Steel,SteelAsia,Qatar Steel,Mechel,Jianlong Iron and Steel,Tata Steel,NLMK Group,Celsa Steel ...
https://www.whatech.com/market-research/materials-chemicals/457051-new-report-steel-rebars-market-analysis-to-2022&c=3889612176319630359&mkt=en-gb


Global Steel Casting Market - Increasing Investments in Infrastructure ...
Sun, 01 Apr 2018 23:35:00 GMT
The emerging countries such as China, India, Brazil, Mexico, Saudi Arabia ... Market trend: increasing use of electric arc furnace The steel industry involves high consumption of energy that results in high cost of production. The use of energy depends ...
http://markets.financialcontent.com/stocks/news/read%3fGUID%3d36045334&c=3602905557336130594&mkt=en-gb


GLOBAL BILLET WRAP: Prices in major markets continue to fall
Sun, 01 Apr 2018 16:12:00 GMT
Domestic billet prices in the countrys Tangshan region reached 3,340 yuan ($531 ... Some market participants expect prices to keep declining, since Turkey decreased long steel prices. If it is unable to sell even at lower levels, then billet prices ...
https://www.metalbulletin.com/Article/3797904/Carbon-steel/GLOBAL-BILLET-WRAP-Prices-in-major-markets-continue-to-fall.html&c=15825430609386510937&mkt=en-gb


Ezz Steel SAE : incurs EGP 1.09bn loss in FY17
Thu, 29 Mar 2018 08:53:00 GMT
Cairo Mubasher: The consolidated financial statements of Ezz Steel showed that the company has turned unprofitable in 2017 with EGP 1.09 billion in losses, compared to EGP 560.15 million in profits a year earlier, including minority shareholders rights.
http://www.4-traders.com/EZZ-STEEL-CO-SAE-6494468/news/Ezz-Steel-SAE-incurs-EGP-1-09bn-loss-in-FY17-26251687/&c=84404630448009436&mkt=en-gb


Egypt's Ezzsteel seeks to meet rising iron ore, raw materials ...
Thu, 29 Mar 2018 03:04:00 GMT
Iron ore pellet market shortages after the idling of high quality pellet producer Samarco's operation in Brazil have hit consumers of DR pellets, which are usually high in iron and low in silica and other impurities. Ezzsteel's raw materials costs ...
https://www.platts.com/latest-news/metals/london/egypts-ezzsteel-seeks-to-meet-rising-iron-ore-26926065&c=4028148693856351294&mkt=en-gb


Tool Steel Market 2018 Supply, Growth Rate by Application, Manufacturers ...
Wed, 28 Mar 2018 11:05:00 GMT
India and Southeast Asia), South America(Brazil, Argentina, Columbia, etc.), Middle East and Africa(Saudi Arabia, UAE, Egypt, Nigeria and South Africa). Chapter 2, to analyze the top manufacturers of Tool Steel, with sales, revenue, and price of Tool Steel ...
http://www.mynewsdesk.com/us/pressreleases/tool-steel-market-2018-supply-growth-rate-by-application-manufacturers-and-forecast-by-2023-2463155&c=6839272371197213163&mkt=en-gb


Iran proposes investment in Afghan iron ore project
Tue, 27 Mar 2018 01:46:00 GMT
Sangan has been branded as the South Pars of Irans steel industry, drawing a comparison with a giant gas reservoir that straddles the territorial waters of Iran and Qatar. According to state mines and metals holding company IMIDRO chairman Mehdi ...
https://steelguru.com/mining/iran-proposes-investment-in-afghan-iron-ore-project/505561&c=17163168157945405909&mkt=en-gb


Switzerland returns $33m to Egypt
Mon, 26 Mar 2018 11:26:00 GMT
Much of the monies were returned in 2017, however $455 million remained. The funds which have been returned belonged to Egyptian businessman Ahmed Abdelaziz Ezz. The steel entrepreneur was a close confidant of Mubarak. After being found guilty of ...
https://www.middleeastmonitor.com/20180326-switzerland-returns-33m-to-egypt/&c=5927255265135233991&mkt=en-gb


EGX ends Monday on mixed note
Mon, 26 Mar 2018 08:09:00 GMT
While Delta for Printing & Packaging, El Nasr For Manufacturing Agricultural Crops, and El Ezz Dekhela Steel were top losers of the session by 9.08 percent, 7.25 percent, and 6.85 percent, respectively. EGX has decreased for the last two consecutive ...
http://www.egypttoday.com/Article/3/46251/EGX-ends-Monday-on-mixed-note&c=15442788089699530419&mkt=en-gb


Tata, Vedanta unlikely to join fresh round of bidding for Essar ...
Wed, 21 Mar 2018 00:00:00 GMT
While lenders have expressed hope that this will throw the bidding process wide open with more aspirants joining the fray, it remains to be seen if the likes of Tata Steel and Vedanta are keen to bid.
https://economictimes.indiatimes.com/industry/indl-goods/svs/steel/tata-vedanta-unlikely-to-join-fresh-round-of-bidding-for-essar-steel/articleshow/63390398.cms


Number of news reports: 20



If you have a steel industry news item or company press release that you would like us to publish above and distribute without restrictions concerning syndication and reuse, then please contact support@steelonthenet.com.