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 06/09/2010

       
 
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  <=  Turkey - World - Turkish steel export value in July drops by 18pct MoM       <=  Egypt - Ezz Steel - Ezzsteel: Rebar price increase by US$62 per ton as of September 2010       <=  Bahrain - Sulb national company - Phase I of "SULB" iron & steel complex is underway       <=  China - China Federation of logistics & Purchasing - Steel inventory down to 81 million tonnes       <=  Iraq - Mass Global Investment - New one million tpy steel plant to be built     

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 ADVANCED TECHNOLOGY AND MODERN EQUIPMENTS TO PRODUCE STEEL BARS AND INDUSTRIAL PROFILES
 Hadeed SABIC long products exceed 3.5 mt in 2009
  Al Tuwairqi Group CompaniesLast Update:     08/02/2010 08:49:17
Arab Steel – Hadeed SABIC Sales of long products have seen the highest increase rates by 24.81% in 2009 reaching 3.52 Mt, the highest figure of this type of products that the company achieved during the past years, compared to 2008 production which was 2.82 Mt. This volume of sales overruns the output volume of longs for 2009 which stands at 3.235 Mt according to information «Arab Steel» acquired from company sources.
Long products figures are divided into 2.911 Mt of rebar and 609,000t of wires, compared to 2.277 Mt of rebar and 543,000t of wires for 2008, increasing by 27.84% and 12.1% respectively.
All longs production went into the local market as local demand is on the rise.

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Turkey - Turkish steel export value in July drops by 18pct MoM
Egypt - Ezzsteel: Rebar price increase by US$62 per ton as of September 2010
Bahrain - Phase I of "SULB" iron & steel complex is underway
China - Steel inventory down to 81 million tonnes
Iraq - New one million tpy steel plant to be built
Saudi Arabia - Saudi Steel Pipe and South Korea's TSM Tech ink deal to set JV
Egypt - Ezzsteel: 2.2Mt of sales volume during H1, 2010 and EGP241 million in net profits
Yemen  - 16% increase in the output of Yemen Steel during H1, 2010
Brazil - Iron ore prices may be 8 percent down in 4Q from 3Q
World - MEPS forecasts global crude steel production to exceed 1.6 billion tonnes in 2014

Saudi Iron and Steel Union

 

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Saudi Iron and Steel Company

Saudi Arabia - Hadeed SABIC local market share rises to 62% in Q1, 2010
Saudi Arabia - HADEED SABIC steel sales exceed 5.12mt in 2009
Saudi Arabia - Hadeed SABIC long products exceed 3.5 mt in 2009
Saudi Arabia - Saudi Arabia: Hadeed SABIC steel production exceeds 4.4 mt in 2009
Saudi Arabia - HADEED SABEC signs a contract to increase its output of billet by one million tons and the output of wire-rod by 500,000t
Saudi Arabia - Increasing Rebars Production and Sales of HADEED SABIC During First Nine Months of this year
Saudi Arabia - HADEED SABIC: 28.8% Sales Increase in Q1 of 2009 in the local market
Saudi Arabia - Hadeed – SABIC Increased production of reinforcing steel and flat products
Saudi Arabis - SABIC chief confirms decline of steel price by SR800 per ton
Saudi Arabia - 15.7% growth rate of Hadeed SABIC during first nine months of this year

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Saudi Arabia

Saudi Steel Pipe and South Korea's TSM Tech ink deal to set JV
19.5% Increase of Crude Steel Production during first half of 2010
16% Increase of flats production during first half of 2010
9.6% increase in rebar production during first half of 2010
14.2% production increase in SABIC HADEED during first half of 2010
Tuwairqi Steel aims to start production by Q4 in Pakistan
Investments in shipbuilding will amount to SAR40bn during the next 10 years
Rebar prices in Saudi Arabia without change during (May)
More than 565,000t of CRC, galvanized and coated flats in 2009 produced in KSA
Unicoil Production and sales growth in Q1, 2010

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Long Products

UAE - ESI - Production and sales up in Q1 2010
UAE - 183% the increase in ESI production volume during 2009
Jordan - Jordan Steel sales volume increase 10% in Q1, 2010
Arab World - Arab imports of Turkish rebar amount to 1.7mt during the first 4 months of 2010
Morocco - SONASID output up 5% in 2009
Saudi Arabia - Hadeed SABIC local market share rises to 62% in Q1, 2010
Qatar - Qatar Steel Records a New Height in Production Figures for 2009
Iraq - ArcelorMittal plans rebar JV in Northern Iraq
Qatar - Qatar Steel aims to ramp up production by 30% in two years
Syria - 132 thousands ton Joudco Steel production for 2009, and new projects underway
 

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Joudco Steel Saudi Iron & steel Company (hadeed) Ezz Steel Al Ittefaq Steel Products Company Rajhi Steel egyptian Iron and Steel Company
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