Steel industry news - Middle East & Africa.
sotn


Steel News - Middle East Region

Latest steel industry headlines


Potential UK steel buyers baulk at pension liabilities, says Javid
Fri, 29 Apr 2016 01:00:00 +0100
Tata steelworks Port Talbot, Wales. Reuters - LONDON: Tata Steels pension liabilities are putting off buyers for its British steelmaking operation, Business Secretary Sajid Javid said, underlining the difficulty the government faces in securing a sale that would save thousands of jobs.
http://www.arabnews.com/node/916556


Britain's Cameron visits Welsh steel plant to discuss its future
Wed, 27 Apr 2016 01:00:00 +0100
British Prime Minister David Cameron will visit the steel plant in the Welsh town of Port Talbot on Tuesday to discuss the future of its operations, his spokeswoman said. The prime minister ... will shortly be arriving in Wales where he will visit the Port Talbot steel works and will have meetings with the management, staff and the unions there, she told reporters. The British government is ...
http://finance.yahoo.com/news/britains-cameron-visits-welsh-steel-104321328.html;_ylt=AwrXnCfe6yBXhlUAYi7QtDMD;_ylu=X3oDMTByMXM3OWtoBGNvbG8DZ3ExBHBvcwM4BHZ0aWQDBHNlYwNzcg--


David Cameron vows action to support steel industry during visit ...
Tue, 26 Apr 2016 17:36:49 +0100
Mr Cameron's official spokeswoman said that talks focused on 'the action the Government has taken to support the steel industry', adding: 'The Prime Minister underlined our commitment to working with Tata to support the future of steel-making in Port ...
http://www.belfasttelegraph.co.uk/news/uk/david-cameron-vows-action-to-support-steel-industry-during-visit-to-port-talbot-34662072.html


Metinvest develops liner shipping from Mariupol to Europe
Tue, 26 Apr 2016 08:41:39 +0100
Metinvest Group has added a new Handysize vessel from the ship owner Canbaz Group (Turkey) to the fleet of its shipping lines. The bulk carrier Esra C will deliver steel products from Mariupol to ports of Marghera, Monfalcone and Ravenna in Italy.
http://www.metinvestholding.com/en/press/news/show/7230


Algerians and Egyptians to attend Agrishow
Mon, 25 Apr 2016 04:09:00 +0100
The initiative is part of the Brazil Machinery Solutions program, carried out by the Brazilian Machinery and Equipment Industry Association (Abimaq) and by the Brazilian Trade and Investment Promotion Agency (Apex-Brasil) and created to promote exports ...
http://www.bing.com/news/apiclick.aspx?ref=FexRss&aid=&tid=7997B196EC874BE1802518FFA56AE463&url=http://www2.anba.com.br/noticia/21871162/agribusiness/algerians-and-egyptians-to-attend-agrishow/&c=3UUj4bYNuje2dsytx1tQKm1B4veuzHR3k41P4HaA7Zg&mkt=en-gb


Enlarged Fastener Fair Turkey underlines market confidence
Fri, 22 Apr 2016 10:22:00 +0100
In addition, there were visitors from metal industries companies Erdemir, Tosyali and Tata Steel Turkey, as well as from Turkish Airlines, Mitsubishi Electric Turkey and Mitsubishi Electric Shizuoka. Several defence sector companies visited the show ...
http://www.bing.com/news/apiclick.aspx?ref=FexRss&aid=&tid=FA7F66A0789A467FB4B1B5D0E81ACE55&url=http://www.engineeringnews.co.za/article/enlarged-fastener-fair-turkey-underlines-market-confidence-2016-04-22&c=B41sJHp1gkxQmJhEm-NitaxybxUysEJZan49vq1eKCs&mkt=en-gb


Iran's steel production decreases by 2.2% - Trend News Agency
Wed, 20 Apr 2016 16:39:00 +0100
Iran's steel output in the first quarter of 2016 dropped by 2.2 percent, said the report from the World Steel Association April 11. Iran's output this March stood at 1.455 million tons, a 10.6 percent decline from March 2015's 1.315 million tons, said ...
http://en.trend.az/iran/business/2522729.html


Saudi's SABIC says Q1 sales drop 12.4%, slashed costs at steel unit
Wed, 20 Apr 2016 05:13:00 +0100
Yousef Abdullah al-Benyan told a news conference in Riyadh that SABIC had cut costs at Hadeed, its steel business, by 17 percent in the first quarter versus the final quarter of 2015. He didn't elaborate.
http://www.bing.com/news/apiclick.aspx?ref=FexRss&aid=&tid=2F3E6348DB4045BE86947978D480C13A&url=http://www.arabianbusiness.com/saudi-s-sabic-says-q1-sales-drop-12-4-slashed-costs-at-steel-unit-628975.html&c=mPnWWHFbP1R79SbbE10YXtliFDTNwyk2nmzUetEPU-g&mkt=en-gb


Sabic Says Q1 Sales Drop 12.4 Pct, Slashed Costs At Steel Unit
Tue, 19 Apr 2016 03:47:00 +0100
Yousef Abdullah al-Benyan told a news conference in Riyadh that SABIC had cut costs at Hadeed, its steel business, by 17 percent in the first quarter versus the final quarter of 2015. He didn't elaborate. (Reporting by Marwa Rashad and Reem Shamseddine ...
http://www.bing.com/news/apiclick.aspx?ref=FexRss&aid=&tid=495BFDE3EBB8452CBE1EB1903C8DA9F9&url=https://www.zawya.com/story/SABIC_says_Q1_sales_drop_124_slashed_costs_at_steel_unit-TR20160419nD5N17E000X7/&c=4ArbMUv3YIFO3Gb4IOHYgySK3Z-vVYyJE20qzaz6rK0&mkt=en-gb


Al Gharbia Pipe Company Holds Groundbreaking Ceremony for Large-diameter ...
Mon, 18 Apr 2016 07:11:00 +0100
(Source: JFE Holdings Inc) Apr. 14, 2016 JFE Steel Corporation Marubeni-Itochu Steel Inc. Al Gharbia Pipe Company Holds Groundbreaking Ceremony for Large-diameter Welded Steel Pipe Plant in UAE Tokyo --- Al Gharbia Pipe Company held a groundbreaking ceremony on April 13 for a large-diameter welded steel pipe plant in the Khalifa Industrial Zone of Abu...
http://article.wn.com/view/2016/04/18/Al_Gharbia_Pipe_Company_Holds_Groundbreaking_Ceremony_for_La/


Parents concerned at blatant cheating in Karachi matric exams
Sun, 17 Apr 2016 13:26:00 +0100
They demanded similar action at other examination centres in Steel Town, Gulshan-e-Hadeed and Port Qasim colony, especially, those set up in private schools where the cheating is reported to be at its height. Responding to the reports about cheating at PSM ...
http://www.bing.com/news/apiclick.aspx?ref=FexRss&aid=&tid=78A131D81D9747099A40CDEE7C2DAF82&url=http://www.thenews.com.pk/latest/113386-Parents-concerned-at-blatant-cheating-in-Karachi-matric-exams&c=b3Jn13qqS_ryftKciagBLk-AglzgRc34vIMQa3YrdaY&mkt=en-gb


Wounded steelmakers in Europe to feel more pain - Gulf Times
Sat, 16 Apr 2016 23:26:21 +0100
Gulf TimesArcelorMittal steel workers wait outside the company's regional headquarters in Flemalle, Belgium. The steelmaker, which produced a combined 92.5mn tonnes of steel from mills in the Americas, Europe, Africa and Asia last year, has posted a net loss for ...
http://www.gulf-times.com/story/488952/Wounded-steelmakers-in-Europe-to-feel-more-pain


PSM asked to lay off contract employees
Wed, 13 Apr 2016 17:39:00 +0100
You may recall that the operations of Pakistan Steel Mills (PSM) stand totally closed since 2015 ... rehired during this period are ex-PEO Hamid Pervez appointed as Director Hadeed Welfare, Javed Mustafa Baloch, Manager Incharge (A&P), Saeed Wasti, Nisar ...
http://www.bing.com/news/apiclick.aspx?ref=FexRss&aid=&tid=D5C0CF23D3B340F887C34014A7452D85&url=http://www.brecorder.com/market-data/stocks-a-bonds/0:/35433:psm-asked-to-lay-off-contract-employees/&c=cScI1OPUGux0Pkkofs8njEbsMd_TR_G137Cb7La_jn4&mkt=en-gb


Iran's steel output down by 1.8 percent - Trend News Agency
Mon, 11 Apr 2016 13:24:20 +0100
Iran's steel output in the first two months of 2016 dropped by 1.8 percent, said the report from the World Steel Association April 11. Iran's output this February stood at 1.36 million tons, a 3.4 decline from February 2015's 1.409 million tons, said ...
http://en.trend.az/iran/business/2518120.html


Britain urges China to speed up steps to cut steel capacity
Sat, 09 Apr 2016 16:11:00 +0100
A worker walks past a pile of steel pipes at the yard of the Youfa steel pipe plant in Tangshan, Hebei province. The European Union opened three anti-dumping investigations into Chinese steel products and imposed new duties on imports after the European ...
http://www.bing.com/news/apiclick.aspx?ref=FexRss&aid=&tid=D0EE3F7B4D05495181D5485C3E3BA273&url=http://www.gulf-times.com/story/487972/Britain-urges-China-to-speed-up-steps-to-cut-steel&c=-cgOM4vYpop_F4ntDaZaeXi41wsEoXGcNAKgfE_9C1Y&mkt=en-gb


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.