Steel industry news - Middle East & Africa.

Steel News - Middle East Region

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Report sheds light on Kierbeck Thames collapse
Wed, 30 Sep 2015 15:02:00 +0100
More specifically, this included the inability to purchase steel on a more cost effective and competitive basis to increase sale volumes and restricted financial support from parent company, Al Tuwairqi Holding Company. The business was also unable to ...

Sohar Port pushes location at Iran Iron & Steel event - Arabian ...
Mon, 28 Sep 2015 15:17:23 +0100
Fitting then, that as relations between Iran and the west continue to improve, more than 350 international delegates from companies both inside and outside Iran met on Kish Island recently at the first Iranian Iron and Steel conference, discussing ...

Iran iron ore exports may dry up on weak prices, steel target
Thu, 24 Sep 2015 02:51:00 +0100
Iran also needs more iron ore at home as it plans to lift steel output to 55 million tonnes by 2025 from ... Data from IROPEX and Iran's state-owned mines and metal holding company IMIDRO put the country's iron ore reserves at 5.2 billion tonnes.

New discoveries in Iran could increase mineral reserves to $1.4 trillion
Mon, 21 Sep 2015 08:09:00 +0100
In July, Deputy Industry Minister and IMIDRO head Mehdi Karbasian said Iran had introduced $29 billion worth of mining projects to a trade and investment conference held with the EU in Vienna. The projects include production of aluminum, steel, rare earth ...

Ukraine: steel semis export-import in January-August 2015
Thu, 17 Sep 2015 07:05:35 +0100
In August Ukraine exported $169.2 million worth of steel semi-finished products, with imports on the level of $0.61 million. According to the State Fiscal Service, the main importer of Ukrainian semis in August was Egypt ($52.91 million). In January-August Ukraine exported $1755.61 million worth of steel semis, while imports totaled $9 million. In July semi-finished

Azerbaijani Minister of Economy and Industry meets Iranian delegation
Thu, 17 Sep 2015 04:15:00 +0100
Emphasizing the extensive experience of Iran in mining industry, the Minister stressed the possibility of cooperation between Azerbaijan Steel Production Complex CJSC and IMIDRO, also the interest of Azerbaijani companies in investing of Iran. In turn ...

Fatal fall reported at U.S. Steel's Edgar Thomson Plant in Braddock ...
Wed, 16 Sep 2015 21:05:45 +0100
WTAE Pittsburgh - WTAE PittsburghUnited States Steel spokeswoman Sarah Cassella says the worker was employed by Whistler Construction Inc. in Braddock, the same suburb where the Edgar Thomson Plant is located, about five miles from Pittsburgh. Cassella says the worker was ...

TV Host Tawfik Okashas candidacy papers rejected by HEC
Wed, 16 Sep 2015 13:09:00 +0100
On Monday, HEC also rejected steel tycoon Ahmed Ezz's parliamentary candidacy because his national post office account was frozen on Friday. Ezz's national post office account -- where he had his money deposited -- was frozen by decree of the prosecution ...

Turkish crude steel output see huge decline in August - ...
Wed, 16 Sep 2015 09:30:37 +0100
ANKARA (Scrap Monster): The latest production statistics released by the Turkish Steel Producers' Association (TCUD) indicates that the country's crude steel production declined significantly during the month of August this year. The Association notes ...

Steel firm creditors set for multimillion-pound hit
Tue, 15 Sep 2015 17:05:00 +0100
Unsecured creditors of a steel fabrication business which ceased trading with ... This includes almost £1.2m to trade creditors and £1m to parent company Al-Tuwairqi Group. HM Revenue & Customs was owed approximately £1.1m. The report, dated 25 August ...

Turkey considering WTO appeal over US steel pipe duties - industry ...
Mon, 14 Sep 2015 10:46:00 +0100
In a big win for U.S. steel pipe makers, the U.S. International Trade Commission ruled last year that imports of 'oil country tubular goods' (OCTG) from South Korea, India, Taiwan, Turkey, Ukraine and Vietnam would be subject to duties of up to 118 ...

Mideast Stocks-egypt Upbeat; Oil Drags Down Gulf Markets
Mon, 14 Sep 2015 08:02:00 +0100
Asset consolidation, M&A news lift Egypt's Qalaa * Investors hope central bank will cut rates this week * Ezz Steel drops after subsidiary swings to loss * Dubai logistics firms rise in otherwise bearish Gulf By Olzhas Auyezov DUBAI, Sept 14 Egypt's stock ...

Ukraine: ferrous metals exports in H1 2015
Mon, 14 Sep 2015 07:07:50 +0100
In January-June Ukrainian companies exported 10.2 million tons of ferrous metals worth $4.2 billion, up by 26.7% and down by 42.1% YoY respectively. The main exports went to the Near East (39%) and the EU (31%). Among the eastern countries the main consumers of Ukrainian metal were Turkey and Lebanon. On the CIS markets Ukrainian

Iran to stop selling raw iron ore in 1.5 years - Trend News Agency
Sun, 13 Sep 2015 08:33:00 +0100
Iran's Ministry of Industry, Mines, and Trade intends to stop selling raw iron ore by the end of the next Iranian fiscal year (March 20, 2017), Deputy Minister of Industry, Mines and Trade, Mehdi Karbasian said. The government has started to take ...

Ukraine: ferroalloys exports down in January-August 2015
Fri, 11 Sep 2015 07:09:57 +0100
In January-August Ukraine exported 577.55 thousand tons of ferroalloys worth $635.58 million, down by 9.8% and 19.3% YoY respectively. The main importers of Ukrainian ferroalloys were the Netherlands (23.17%), Turkey (17.82%) and Russia (11.75%). In January-August Ukraine imported 33.02 thousand tons of ferroalloys worth $76.07 million, down by 55.8% and 52.1% YoY respectively. The main

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