M.E. Steel News Today
Thursday, October 09, 2014

Arab Steel Summit

26-28 Oct, 2014
Grand Hyatt, Dubai, UAE

Linking Steel Sellers &
Buyers in Middle East

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New Info on MEsteel

Algeria Finished Steel Output & Consumption (2005-2013)Requires Login - Access to MEsteel Members Only
 
 
New Steel Related Tenders in Middle East
Country Tender Details Closing Dt
Egypt Supply of Iron and Artillon Materials 10/15/2014

[ Check Other Steel Related Tenders ]

 
Middle East Steel Prices

Turkey: Turkish rebar prices trending down; US buying sporadic

Middle East Steel News

Iran: French vehicle maker Peugeot plan to set up JV in Iran
UAE: Local developer Omniyat and contractor Drake & Scull break ground on Palm tower
Kuwait: KNPC invites companies to prequalify for EPC of gas import terminal
UAE: Malaysian Eversendai starts first project at RAK yard
Turkey: Turkish rebar prices trending down; US buying sporadic
Saudi Arabia: First phase of USD13 bln Madinah city work begins, 100 towers to be erected

 
Global Steel News

General News: WSA elects new officers and welcomes new members
United States of America: Nucor acquires Gallatin Steel Company for USD770 mln
India: Steel production equipment market valued at USD66 bln amid capacity expansion plans
Ukraine: Longs maker Azovstal’s output decreases in January-September
Ukraine: Alchevsk Steel faces supply difficulties, not to resume operations this month
China: Baosteel Stainless cuts 304 grade prices for October
Korea, South: Hyundai Steel cuts rebar prices again by USD5
India: Govt. contemplates forming taskforce to reach 300 mln ton steel production target in next 10 years
Japan: Tokyo Steel to cut ferrous scrap purchase prices again

 

New (Renewed) Steel Companies on MEsteel
Company Country Steel tons handled per year (kt) Brief Description
EXCEL INDUSTRY LLC U.A.E 100-500 Manufacturer of Pipes and Tubes ,Scaffolding and Formworkand.
 

Currency Converter

Country USD EURO
EU 0.78 -
USA - 1.26
China 6.13 7.76
Egypt 7.12 9.02
Iran 26.674 33.782
Pakistan 100.8 127.7
Saudi 3.74 4.75
Turkey 2.28 2.88
UAE 3.67 4.65

Metal Prices 8-Oct-14

Product Cash 3 Mons.
Nickel 16.695 16.750
Tin 20.215 20.275
Zinc 2.331 2.340
(USD/mt),
Source: LME.co.uk

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