Rebar prices hold steady as slow demand limits upside
Egyptian rebar prices have remained broadly stable, with weak domestic demand and low trading activity limiting the scope for further increases despite higher production...
Ajeej Steel renews working capital facility with Bank Aljazira
Ajeej Steel Manufacturing Co. has renewed a SAR 50 million (USD 13.3 mln) Shariah-compliant banking facility with Bank Aljazira, its parent company National Building...
Ministry receives applications for billet production licences
Egypt's Ministry of Industry has received 10 applications from local steel companies for eight billet production licences with a combined capacity of 2.8 mln...
Silvan Rolls starts production at new billet plant in Karabuk
Silvan Rolls, part of Vergili Group, has started production at its new steel plant in Karabuk following trial operations, with the facility completing its...
Steel export prices move higher
Indian steel export prices have strengthened significantly in recent weeks, amid higher raw material costs, firmer domestic steel prices and expectations of improving demand.
Indian...