Morocco - Maghreb Steel Company: Electric Steel Mill and Slab Casting Machine Last Update 14/05/2008 12:18:49 ArabSteel - Maghreb Steel Company has awarded an order to SMS Demag, a company affiliated to SMS Group in Germany, for setting up an electric steel mill X-Melt and a 1-strand slab continuous casting machine X-Cast. These equipments are designed for an annual production of one million tons of steel [..More]Mauritania - SNIM Export of 11.8 million tons in 2007 Last Update 11/05/2008 15:36:32 ArabSteel - Mauritanian Societe Nationale Industrielle et Miniere (SNIM) is planning to produce 12.380 million of iron ore tons in 2008 against 11.9 million tons produced in 2007. [..More]Saudi Arabia - Increasing production and sales of HADEED in the first quarter of 2008 Last Update 08/05/2008 10:39:08 ArabSteel - Production of the Saudi Iron and Steel Company during the first quarter of this year amounted to 1.342 million tons of long and flat products against 0.971 million tons during the first quarter of 2007, that is, up by 38.23%. The volume of its sales during the first quarter of this year amounted to 1.381 million tons against 1.027 million tons in the same period of the last year, that is, up by 34.5%. [..More]Algeria - Ezz Steel gets approval to launch reinforcing steel project with a capacity of 1.5 million tons/year Last Update 08/05/2008 10:36:51 ArabSteel - Ezz Steel from Egypt got the approval of the National Council of Investment in Algeria on 30 April 2008 to start with the works related to setting up the iron and steel project in Algeria with a capacity of 1.5 million tons/year of reinforcing steel and a cost estimated by 750 million dollars as a first stage, [..More]Arab World - 24.8 million tons of finished steel products produced by the Arab countries Last Update 07/05/2008 11:33:31 ArabSteel - The Arab steel industry has achieved a specific leap in the field of production of finished products (long and flat). According to the initial estimates production amounted to 24.82 million tons, with an annual increase of 16.46% compared to the production of the last year which amounted to 21.31 million tons. This was mentioned in the annual report presented by Mr. Mohamed Laid Lachgar, [..More]
Production of Arab companies exceeds 20 million tons Mr. Mohamed Laid Lachgar, AISU’s Secretary General, presented his report to the Board of Directors reviewing the facts of the Arab steel industry during 2006 and some results related to the first quarter of 2007. [..More]The Target is 7.5 million tons of finished products during the next three years Ezz – Dkheila company is targeting to reach with its production capacity as close as 7 – 7.5 million tons of its finished products during the next three years. This has been declared by Eng. Ahmed Ezz, President of the company, in a special statement to the Arab Steel magazine. Eng. Ezz expects that the company’s total production in 2006 will outpace 5.1 million tons of finished products, which constitutes an increase over the production level achieved in 2005 by about 600 thousand tons and more than one million tons over the production level of 2004. [..More]Arab Steel Industry 2004: Year of New Projects and Investments Arab Steel Editor: 2004 was an exceptional year for the Arab steel companies. It was the first time that most of the companies, in particular the integrated companies, had achieved good profits in spite of the high costs of the inputs which affected the levels of profitability compared to losses which had taken place in previous years. It was also the first time for more than two decades at which we find investors and really existing companies making a race with time to enter into implementation of new projects or into expansions of the existing projects. [..More]