Monday 27 April 2015
 
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Steel

Egypt to impose 8pc import tariff on steel rebar

Egypt will impose an eight per cent import tariff on rebar - reinforced steel bars - for three years, the trade ministry said, extending temporary tariffs introduced last year to protect the domestic industry. A ministry statement

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Unger builds storage facility for fertiliser factory in Saudi

Unger Steel Middle East is building six mega warehouses with conveyor systems for Spanish industry plant specialist Intecsa Industrial in Saudi Arabia at a cost of €530 million ($561.7 million) The Umm Wu'al EPC project,

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Unger builds storage facility for fertiliser factory in Saudi

Unger Steel Middle East is building six mega warehouses with conveyor systems for Spanish industry plant specialist Intecsa Industrial in Saudi Arabia at a cost of €530 million ($561.7 million) The Umm Wu'al EPC project,

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Drone-based solution helps UAE steel firm

Age Steel, a UAE-based company that operates multiple steel yards in Dubai, has been selected as one of three finalists for the RFID Journal Award for the most innovative use of RFID. The winner will be declared at RFID Journal LI

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Sabic steel products sales total 6m tonnes

Saudi Basic Industries Corporation (Sabic) meets half the local demand for steel products, with sales reaching around 6 million metric tonnes a year, a senior executive said. "Sabic is the first company in the region to offer

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Iron ore in fresh crisis as forward prices crumble

Iron ore is veering to a new crisis as prices for future delivery of the commodity slid 30 per cent in the space of a month, and its outlook is now more bearish than oil and more dire than ever for miners struggling to just stay in business.

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Egypt steel group plans $200m investments

Solb Misr, a leading Egypt-based steel group, will invest around EGP1.6 billion ($200 million) in projects that it is currently developing, said the company chairman. The investment plan will last till 2017, Gamal El-Garhy, was qu

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Poor quality steel from China 'dumped in Saudi’

Chinese producers are supplying huge quantities of unsafe steel products to projects in Saudi Arabia due to lack of effective controls by the government, a report said. China’s exports of steel to Saudi Arabia amounted to ab

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EU to impose duties on China-Taiwan steel

The European Union (EU) will impose anti-dumping duties later this month on imports of stainless steel cold-rolled sheet from China and Taiwan, according to two sources familiar with a European Commission (EC) proposal. The EC pla

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Software AG to showcase top solutions at German IT expo

Software AG, a leader in enterprise management software, and its partners are set to show professionals how to bring IT out of the basement and make it their business with impressive use cases at an international computer expo. Th

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