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

Latest steel industry headlines


MIDEAST STOCKS-Saudi shares up in volatile session, Dubai outperforms
Sun, 04 Dec 2016 06:29:00 GMT
Industrial companies seen as most likely to benefit from improved access to hard currency after the float were among top gainers on Sunday, with GB Auto jumping 11.3 percent and Ezz Steel adding 5.2 percent. Orascom Telecom Media, the most heavily traded ...
http://www.reuters.com/article/mideast-stocks-idUSL5N1DZ0EQ&c=8861511707173230173&mkt=en-gb


Proposed tariffs would protect ArcelorMittal Burns Harbor
Fri, 02 Dec 2016 05:12:00 GMT
to the detriment of our steel industry, he said. Visclosky and ArcelorMittal want tariffs as high as 179 percent on plate imports from Austria, Belgium, Brazil, China, France, Germany, Italy, Japan, Korea, South Africa, Taiwan, and Turkey. The ...
http://www.nwitimes.com/business/steel/proposed-tariffs-would-protect-arcelormittal-burns-harbor/article_92c9f50f-900f-599d-8bd9-248126139418.html&c=16384798378587247789&mkt=en-gb


Tool-and-Die Makers Warn Against Tool-Steel Import Duties
Thu, 01 Dec 2016 21:48:00 GMT
which is evaluating anti-dumping and countervailing duties on carbon and alloy steel cut-to-length plate from Austria, Belgium, Brazil, China, France, Germany, Italy, Japan, Korea, South Africa, Taiwan, and Turkey. In testimony this week, NTMA vice ...
http://americanmachinist.com/news/tool-and-die-makers-warn-against-tool-steel-import-duties&c=13250041766638631713&mkt=en-gb


Commerce Assigns Final AD Margins in CTL Plate Investigations
Thu, 01 Dec 2016 14:56:00 GMT
The Department of Commerce has announced its affirmative final determinations in the antidumping investigations of imports of steel cut-to-length plate from Brazil, South Africa and Turkey. Brazil mandatory respondents were assigned dumping margins of 74 ...
https://www.steelmarketupdate.com/news/10164-commerce-assigns-final-ad-margins-in-ctl-plate-investigations&c=8696258401019805994&mkt=en-gb


US issues final dumping duties on steel plate from Brazil, South ...
Wed, 30 Nov 2016 14:29:00 GMT
South Africa's Evraz Highveld Steel and Vanadium Corp. each received a 94.14% dumping margin. All other South African producers and exporters are subject to a 87.72% rate. Turkey's Erdemir received a 50% final dumping margin, while all other Turkish ...
http://www.platts.com/latest-news/metals/pittsburgh/us-issues-final-dumping-duties-on-steel-plate-21210532&c=11748107847923306701&mkt=en-gb


US issues final dumping duties on steel plate from Brazil, South ...
Wed, 30 Nov 2016 14:15:00 GMT
Issuing an affirmative final determination Wednesday, the US Department of Commerce maintained high antidumping margins for cut-to-length steel plate imports from Brazil, South Africa and Turkey. All Brazilian companies received a 74.52% dumping margin ...
http://www.platts.com/latest-news/metals/pittsburgh/us-issues-final-dumping-duties-on-steel-plate-21210532&c=11748107847923306701&mkt=en-gb


Saudis Al Ittefaq Steel hopeful it can reach deal on 6.2b riyal ...
Wed, 30 Nov 2016 07:16:00 GMT
Al Ittefaq, the largest private sector steel producer in Saudi Arabia and a subsidiary of Al Tuwairqi Holding, is undergoing its second debt renegotiation in the last seven years after the initial slump in steel prices left it unable to service loans used ...
http://gulfnews.com/business/companies/saudi-s-al-ittefaq-steel-hopeful-it-can-reach-deal-on-6-2b-riyal-debt-ceo-1.1938128&c=6712736325839869287&mkt=en-gb


Saudi's Al Ittefaq Steel hopeful it can reach deal on 6.2 bln ...
Wed, 30 Nov 2016 05:48:00 GMT
Saudi Basic Industries Corp (SABIC) said in October it would spin off its struggling steel unit, Hadeed, having booked a 725 million riyal loss on its metals business in the first quarter. The wider construction industry is having a similarly difficult time.
http://www.reuters.com/article/saudi-restructuring-al-ittefaq-idUSL8N1DI57F&c=10462160632885844429&mkt=en-gb


Saudi's Al Ittefaq Steel hopeful it can reach deal on 6.2 bln ...
Wed, 30 Nov 2016 05:40:00 GMT
Al Ittefaq, the largest private sector steel producer in Saudi Arabia and a subsidiary of Al Tuwairqi Holding, is undergoing its second debt renegotiation in the last seven years after the initial slump in steel prices left it unable to service loans used ...
http://www.reuters.com/article/saudi-restructuring-al-ittefaq-idUSL8N1DI57F&c=10462160632885844429&mkt=en-gb


Egypt's government agrees to settle with Mubarak-era trade minister ...
Tue, 29 Nov 2016 13:13:00 GMT
and15 years and a fine of EGP 1.4 billion for squandering nearly EGP 600 million in public funds after issuing questionable licenses to steel business tycoon and former NDP leading figure Ahmed Ezz. In 2013, Rashid paid EGP 15 million to the government in ...
http://english.ahram.org.eg/NewsContent/1/64/250951/-.aspx&c=206540925917193216&mkt=en-gb


Egypt's government agrees to settle with Mubarak-era trade minister ...
Tue, 29 Nov 2016 06:47:00 GMT
and15 years and a fine of EGP 1.4 billion for squandering nearly EGP 600 million in public funds after issuing questionable licenses to steel business tycoon and former NDP leading figure Ahmed Ezz. In 2013, Rashid paid EGP 15 million to the government in ...
http://english.ahram.org.eg/NewsContent/1/64/250951/Egypt/Politics-/Egypts-government-agrees-to-settle-with-Mubarakera.aspx&c=16143855154163385314&mkt=en-gb


Egypt's government agrees to settle with Mubarak-era trade minister ...
Mon, 28 Nov 2016 14:00:00 GMT
and15 years and a fine of EGP 1.4 billion for squandering nearly EGP 600 million in public funds after issuing questionable licenses to steel business tycoon and former NDP leading figure Ahmed Ezz. In 2013, Rashid paid EGP 15 million to the government in ...
http://english.ahram.org.eg/NewsContent/1/64/250951/-.aspx&c=206540925917193216&mkt=en-gb


Big Project MENA awards Egyptian steel tycoon Industry Leader ...
Wed, 23 Nov 2016 09:37:00 GMT
Abou Hashima first made his mark in the steel industry succeeding Mubarak-era steel tycoon Ahmed Ezz. Abou Hashima is currently chairperson and CEO of the Cairo-based Egyptian Steel, which he co-founded in 2009. He has worked in the steel industry since ...
http://www.amwalalghad.com/en/investment-news/industry-trade/52736-big-project-mena-awards-egyptian-steel-tycoon-industry-leader-of-2016.html&c=4533920430583612749&mkt=en-gb


JS Series Twin Shaft Concrete Mixer
Tue, 22 Nov 2016 20:03:00 GMT
Features of JS series twin shaft concrete mixer: Henan Daswell Machinery is a professional manufacturer ... Mixing blades and scaleboards: Adopt high-rigidity and high-tenacity wearable cast alloy steel to prolong the service time Sicoma Twin Shaft ...
http://www.mindat.org/mesg-6-398705.html&c=5791134163679018287&mkt=en-gb


Iran Boasts Vast Potential to Expand Aluminum Industry
Sun, 20 Nov 2016 23:27:00 GMT
According to IMIDRO, for Iran to satisfy growing domestic demand and ... The SMS Group is internationally active in plant construction and equipment engineering for the steel, aluminum and non-ferrous metal industry. The auto and aviation industries ...
https://financialtribune.com/articles/domestic-economy/53924/iran-boasts-vast-potential-to-expand-aluminum-industry&c=10855936447414562915&mkt=en-gb


Pakistan Telecommunication : Dilapidated condition of National ...
Thu, 17 Nov 2016 03:01:00 GMT
The road is consistently used by heavy and light vehicles carrying labourers and goods to Port Qasim, industries in the Export Processing Zone Authority (EPZA), Pakistan Steel Mills ... Quaidabad and Gulshan-e-Hadeed. Because of the deplorable condition ...
http://www.4-traders.com/PAKISTAN-TELECOMMUNICATIO-6492707/news/Pakistan-Telecommunication-Dilapidated-condition-of-National-Highway-irks-commuters-industrialist-23416941/&c=13057427500492302866&mkt=en-gb


Dilapidated condition of National Highway irks commuters, industrialists
Wed, 16 Nov 2016 10:33:00 GMT
The road is consistently used by heavy and light vehicles carrying labourers and goods to Port Qasim, industries in the Export Processing Zone Authority (EPZA), Pakistan Steel Mills ... Quaidabad and Gulshan-e-Hadeed. Because of the deplorable condition ...
http://www.pakistantoday.com.pk/2016/11/16/city/karachi/dilapidated-condition-of-national-highway-irks-commuters-industrialists/&c=3589819400272511094&mkt=en-gb


Total : Iran to stop exporting iron ore soon
Fri, 11 Nov 2016 05:51:00 GMT
Projects are underway in Iran to prevent the export of iron ore, according to Mehdi Karbasian, CEO of the Iranian Mines and Mining Industries Development and Renovation, known as IMIDRO. The highest sale of raw minerals in Iran belongs to steel and iron ...
http://www.4-traders.com/TOTAL-4717/news/Total-Iran-to-stop-exporting-iron-ore-soon-23384304/&c=7166531046927944010&mkt=en-gb


Algeria's Richest Man To Build Steel Plant In Brazil
Thu, 10 Nov 2016 09:05:00 GMT
The Brazil-Arab news agency has reported that Cevital Group, the industrial conglomerate wholly owned by Algerias richest man, Issad Rebrab, is looking to build a steel plant in Marab, Par, Brazil. Rebrab made this known during a meeting with ...
http://www.forbes.com/sites/mfonobongnsehe/2016/11/10/algerias-richest-man-to-build-steel-plant-in-brazil/&c=1935608836387623424&mkt=en-gb


Algerian group to build steel plant in Brazil
Thu, 10 Nov 2016 04:31:00 GMT
Cevital will set up manufacturing operations in Marab, Par. The company also invests in foodstuffs and logistics in the country. Alexandre Rocha* xxx So Paulo The Algerian group Cevital is set to build a steel plant in ...
http://www2.anba.com.br/noticia/21873185/industry/algerian-group-to-build-steel-plant-in-brazil/&c=8453949881450156824&mkt=en-gb


Number of news reports: 20



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