Chinese steel exports to GCC decline in August as logistics disruptions persist
Chinese steel exports to GCC countries declined to approximately 817,300 tons in August 2026, down 7.6 pct YoY and 19.2 pct from July, as...
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...