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Steel News - Middle East Region

Latest steel industry headlines

Erdemir Denies Interest in British Steel
Mon, 15 Jul 2019 22:46:00 GMT
Hurriyet Daily News reported that Turkish steelmaker Eregli Demir Celik has dismissed recent media reports suggesting that the company made an offer for the acquisition of British Steel.

'Business as usual' at British Steel after reports of midnight ...
Mon, 15 Jul 2019 05:56:00 GMT
And Mr McBean said all British Steel employees had been sent a memo this morning outlining ... Interested parties are understood to include Turkish steelmaker Erdemir, which is largely owned by the

Final offers to save British Steel 'expected by midnight tonight' ...
Mon, 15 Jul 2019 04:27:00 GMT
British Steel's Scunthorpe site employs around 3,000 people and the ... One potential buyer interested in the entire company is reportedly Turkish steelmaker Erdemir, which is largely owned by the

Iron hits EGX trading last week amid increasing transactions
Sun, 14 Jul 2019 08:18:00 GMT
All sectors of the EGX declined during last weeks sessions. The basic resources sector led the list of declining sectors by 14.6% due to the sharp decline of Ezz Steel after achieving huge losses in

Deadline for final British Steel offers looms as thousands of ...
Sat, 13 Jul 2019 11:28:00 GMT
Bidders have until midnight on Monday to finalise their offers and business secretary Greg Clark flew out to Turkey for talks with steel producer Erdemir to help seal a takeover, Sky News reported.

SEAISI Press Release
Fri, 12 Jul 2019 00:00:00 GMT
Turkish scrap seeks direction, mills' rebar hike fails

Banks boost Saudi, while wide sell-off weighs down Egypt
Thu, 11 Jul 2019 17:14:00 GMT
Egypt's blue-chip index decreased 1.4% as most of its shares turned red, with Commercial International Bank shedding 1.6% and Ezz Steel slumping 7.7% after swinging to a first quarter loss earlier

SEAISI Press Release
Thu, 11 Jul 2019 00:00:00 GMT
Iranian consortium signs MoU for steelmaking group

Property firms bolster Dubai, oil prices lift Saudi
Wed, 10 Jul 2019 21:56:00 GMT
Egypts blue-chip index declined 0.6pc with Eastern Company dropping 2.3pc, while Ezz Steel plunged 9.7pc after earlier this week swinging into first quarter loss.

Property firms bolster Dubai, oil prices lift Saudi
Wed, 10 Jul 2019 06:51:00 GMT
Egypt's blue-chip index declined 0.6% with Eastern Company dropping 2.3%, while Ezz Steel plunged 9.7% after earlier this week swinging into first quarter loss.

Mon, 08 Jul 2019 23:10:00 GMT
Commenting on the results, Mr Paul Chekaiban, Chairman and Managing Director of ezzsteel, said: During the first quarter of 2019, contrary to all expectations and despite a robust industrial

SEAISI Press Release
Fri, 05 Jul 2019 00:00:00 GMT
Turkish scrap rises further, rebar mills raise quotes

Ezz Steel reports wider Q1 loss
Thu, 04 Jul 2019 22:05:00 GMT
Reuters - reported that Egypts Ezz Steel one of the biggest steel producers in the MENA region, reported a wider YoY loss in first quarter standalone earnings for 2019. The companys Q1 2019

SEAISI Press Release
Wed, 03 Jul 2019 00:00:00 GMT
Turkey produces 3.1mln tons crude steel in May

Lincoln Electric completes purchase of controlling stake in Askaynak
Tue, 02 Jul 2019 12:00:00 GMT
Cleveland-based Lincoln Electric Holdings Inc. has completed the purchase of the controlling stake of Kaynak Teknii Sanayi ve Ticaret A.. (Askaynak). Askaynak, located in Turkey, is a supplier and manufacturer of welding consumables, arc welding equipment, plasma and oxyfuel cutting

Former jailed pastor tells international religious freedom panel ...
Fri, 28 Jun 2019 17:02:00 GMT
Ayken Erdemir, a former member of the Turkish parliament Pastor Brunson's release, unfortunately, had nothing to do with due process, said Ayken Erdemir, a former member of the Turkish parliament

IMIDRO Reviews Iran's Upstream, Downstream Steel Output
Mon, 17 Jun 2019 12:34:00 GMT
Iran produced 8.08 million tons of iron ore concentrate during the first two months of the current fiscal year (March 21-May 21), which figure remains unchanged compared with the corresponding

Why tens of thousands are in the streets and facing fierce police ...
Wed, 12 Jun 2019 14:43:00 GMT
Dong Yaoqiong, a Hunan woman who livestreamed a protest video of herself ... He had questions about historic heating systems, structural steel, and plaster craftsmanship. He wanted to go up every

SEAISI Press Release
Fri, 31 May 2019 00:00:00 GMT
Middle East Crude Steel Output Witnessed Marginal Rise

US warns Turkey, amid differences over S-400 'working group'
Wed, 29 May 2019 23:42:00 GMT
The two leaders discussed a number of bilateral issues, including their shared desire to increase trade and the Presidents decision to reduce steel tariffs on Turkey ... Dr. Aykan Erdemir, a

Number of news reports: 20

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