Steel production in the middle east. venture between Nippon Steel and Su-mitomo Metal Corporation, they began operations in 2008 in the middle of the global economic crisis. Jun 7, 2018 · Crude steel production in the UAE totaled 3. Currently, the company is focused on producing Direct Reduced Iron (DRI), Billets, Re-bars, Wire Rods and Light Sections for the domestic and global markets. The crude steel production of Turkey in 2022 amounted to about 35. Middle East & Africa structural steel market has seen and is estimated to register a decent growth in the coming years due to its rapid industrial growth and manufacturing, competitive landscape, growing urbanization, the rapid rise in investment in the tourism and service sector, industrial builders coming up with steel buildings instead of concrete, and an upsurge in residential and non Aug 22, 2023 · In contrast, the steel production technique of DRI/EAF, commonly employed in the Middle East, emits less than 1. As a company, they are directly dependent on the real estate and construction markets in the Middle East, especially the Gulf Co-op-eration Council (GCC) countries of Bah-rain, Kuwait, Oman, Qatar, Saudi Ara- The long-term sustainability of the steel industry has always been a priority for the World Steel Association and our members. The qualities of Wootz steel were well-suited to making weapons. Nov 16, 2023 · Vale, the world’s largest producer of DR-grade iron ore, is planning green iron “Mega Hubs” in the Middle East that will supply iron ore pellets to co-located DRI plants to produce hot briquetted iron (HBI) for local consumption and export. Green Steel Opportunity in the Middle East and North Africa 7 Introduction The steel industry is responsible for 7% of total CO2 emissions. This makes the Middle East steel industry greener than China and India. 1 million tonnes (Mt) in May 2024, a 1. Back in 1972 we published our first environmental po Feb 26, 2024 · Global steel production dips in January 2024: Africa, and Middle East show growth trends In January 2024, global crude steel production faced a 1. About Ezz Steel. 3 million metric tons. S. 2 The likely game changer is using green hydrogen in steelmaking, a subject at the top We recognize that there is an ever-growing demand for steel products, not only in the Middle East, but throughout the entire world. 5 million tonnes of steel, which is at 45% lower carbon emissions. Also, nearly 40% of our production goes to the oil and gas industry. The 71 countries included in this table accounted for approximately 98% of total world crude steel production in 2022. Nov 29, 2023 · The Egyptian steel sector is the second largest steel market in the Middle East and North Africa region in terms of production and third largest in terms of consumption. They have a state-of-the-art facility in Abu Dhabi and serve various sectors such as construction, oil and gas, and industrial projects. Jan 31, 2024 · Dublin, Jan. 1 million tons, respectively. 2 tonnes of carbon emissions per tonne of steel produced. Qatar Steel was established on 14 October with its former name QASCO. However, the UAE faced challenges in the steel industry in 2023, with a decline in crude steel output and DRI production. 1991 Acquired Japanese Industrial Standards (JIS) mark certification. See full list on fastmarkets. [citation needed] Jun 21, 2024 · World crude steel production for the 71 countries reporting to the World Steel Association (worldsteel) was 165. AGSI have taken accelerated steps towards a more sustainable future with its lowest GHG footprint for steel production in the Middle East. 7pct YoY decline in June 2024, totaling 4. Navigating the years to come Green Steel Opportunity in the Middle East and North Africa 7 Introduction The steel industry is responsible for 7% of total CO2 emissions. The total production for the 71 countries reporting to the World Steel Association amounted to 148. 5% increase compared to May 2023. In 2010 and 2017, it started to rise again. Nov 19, 2017 · Emirates Steel is an integral part of Masdar and ADNOC's first CO2 capture, usage and storage initiative in the region (CCUS), which is the first in the Middle East. There will be almost no effect on the steel industry worldwide as the US contributes only 8% of the total world production Feb 4, 2024 · While the country produces its own steel billet, it also imports semi-finished steel from other nations in the Middle East-North Africa (MENA) region. The Middle East has a potential competitive advantage in blue hydrogen production in that it already Steel production capacity in the Middle East by country (Bahrain, Iran, Iraq, Israel, Jordan, Kuwait, Lebanon, Oman, Qatar, Saudi Arabia, Syria, UAE and Yemen) and by equipment Country coverage Bahrain steel production capacity by plant and equipment Green Steel Opportunity in the Middle East and North Africa 7 Introduction The steel industry is responsible for 7% of total CO2 emissions. Jul 23, 2024 · Crude steel production in the Middle East increased by 5. Members can negotiate steel enquires and offers directly online Over the past 20 years, our corporate values of perseverance, insight and innovation have helped position and establish our company, both within the Middle East and wider International Steel Industry, as a key industry player. 4 million tonnes (Mt) in September 2021. Aug 11, 2024 · With the successful production of its first heat bloom, Suez Steel has set a new standard of excellence in the Middle East’s steel sector. 3% compared to 2022 – up to 1. The origin of the name "Damascus Steel" is contentious. 2024 - 15:00 In a groundbreaking achievement for Egypt and the entire Middle East, Suez Steel has successfully produced its first hot bloom with a cross section of 360x300 millimeters. As a fast-growing technological leader in the steel industry, Ezz Steel has the capacity to produce 7 million tons of long and flat steel products per year at four state-of-the-art steelmaking plants across Egypt. However, the first major expansion of iron, both in Anatolia and across the wider Near East Nov 16, 2023 · The Middle East is home to the world’s only industrial-scale steel CCUS project, at Emirates Steel Arkan’s Al Reyadah project in the UAE. May 9, 2024 · The Middle East Steel Market is set to undergo substantial growth and transformation from 2024 to 2030, fueled by a combination of regional infrastructure development projects, industrial expansion… MESTEEL. Emirates Steel is a leading steel producer in the Middle East and produces a wide range of structural steel products, including girders. ” Marcello Spinelli, Vale’s Executive Vice President, Iron Ore, said: “We see a great potential in the direct reduction route, with the demand for these high-grade agglomerated products Dec 29, 2022 · Oil & Gas Middle East: Can you discuss how the steel production initiative in Oman will impact the energy industry? Shetty: Firstly, we are producing 2. 1 million tonnes (Mt). The UAE imports most of the steel and steel products it consumes. [11] 1989 Achieved 5 million tons of production from all plants. 1 Mt, up 11. 11. However, this dominance hasn't come without its share of Apr 18, 2023 · As a result, production of one metric ton of green steel using the H 2-based DRI and EAF route will require more than 3. Presently, Saudi Arabia stands as a leading steel producer in the Middle East and North Africa (MENA) region, boasting a production capacity exceeding 10 million tons per year. The 2024 Middle East Iron & Steel Conference is set to offer a newly enhanced agenda covering everything you need to know about the industry, regionally and globally. 2024 edition of Fastmarkets Middle East Iron & Steel will be held at Madinat Jumeirah Conference & Events Centre, Dubai starting on 18th November. For near zero-emission steelmaking, the most notable progress has been in the following countries: About Ezz Steel. This map is a reliable reference for production capacities in GCC, the Arab region and North Africa. Middle East Steel Market is experiencing robust growth owing to the several latest developments in the industry which include increased demand for construction and infrastructure projects, particularly in countries such as Saudi Arabia and the United Arab Emirates. 0 by 14 people. Nov 25, 2023 · Since then, the Saudi steel industry has experienced remarkable growth, becoming a substantial contributor to the nation’s GDP and a significant source of employment. 1981 Achieved 1 million tons of production for DR, [8] EF, [9] CC [10] and RM. Aug 20, 2024 · Middle East and North Africa Metal Packaging Market Size and Forecasts (2020 - 2030), Regional Share, Trends, and Growth Opportunity Analysis Report Coverage: By Material (Aluminum, Steel, and Others), by Product Type (Bottles, Cans, Caps and Closures, Drums, Tubes, and Others), by End Use Industry [Food and Beverages (Dairy Products, Fruits Oct 25, 2022 · Over the course of three days, leaders of steel companies in the region will discuss market dynamics and steel price trends in the Middle East, analyze raw materials markets in the MENA region, assess the benefits of gas production, and consider the factors affecting steel consumption in the Middle East and North Africa country. [1] 1978 Commenced steel production. 3% decrease compared to December 2022. Sep 14, 2022 · Its steel sector is already dominated by DRI with an established supply of DR-grade iron ore. As a result, the AL ITTEFAQ STEEL PRODUCTS CO. Mar 18, 2021 · Saudi Arabia Seamless Steel Pipes And Tubes Market Secrets. 2 metric tons of CO2 per metric ton of steel. 4 million tons and 54. It is a 3 day event organised by Fastmarkets MB and will conclude on 20-Nov-2024. 149 million tonnes in 2016. 5 mln tons in the first half of 2024, according to data from the World Steel Association. 1 million metric tons, A detailed and updated map of Steel producers in the Middle East and North Africa region, prepared and released for the first time by the Saudi National Committee for Steel Industry. 4 days ago · A detailed and updated map of Steel producers in the Middle East and North Africa region, produced for the first time in Arabic by Metal Expert, a specialist in international steel industry news and research. 822 billion tons. Jun 2, 2018 · This is a type of crucible steel, i. 2%. Due to its high quality, Wootz steel was traded all over the ancient and Medieval world, including Europe, the Middle East, and China. 0 megawatt hours (MWh) of renewable power, while production of one metric ton of steel using a fully integrated blast furnace–basic oxygen furnace (BF-BOF) route currently requires about 0. South America produced 3. Current evidence supports an Anatolian origin for extractive iron metallurgy on a limited scale sometime in the early 2nd millennium BC. 31, 2024 (GLOBE NEWSWIRE) -- The . 2 Mt, down 3. 7 MMtpa CO 2 from hydrogen-production facilities. Today MEM Steel is an experienced and progressive company with a strong record of carrying out high quality jobs on time and to budget. 9 Mt, up 9. Technical barriers may make it difficult to ramp up DR-grade iron ore production to supply other regions. This map is a reliable reference for production capacities in GCC, the Arab region and North Africa, as well as […] Aug 22, 2023 · In contrast, the steel production technique of DRI/EAF, commonly employed in the Middle East, emits less than 1. 2 The likely game changer is using green hydrogen in steelmaking, a subject at the top In 2008, 2009, 2015 and 2016 output fell in the majority of steel-producing countries as a result of the global recession. This makes the Middle East steel 311 people interested. 1 MWh. 7 million tonnes (Mt) in December 2023, a 5. Beshay Steel group is the largest privately owned steel producer in Egypt and the Middle East with an annual liquid steel capacity of up to 4 MTPY. The convention of this important event will be a meeting for many Arab and world companies, steel industry experts, technologies holders and the interested people in this industry of investors, businessmen. 6% decrease compared to the same month in 2023. The Arab Iron and Steel Union (AISU) will hold its annual conference under the title “ Arab Steel Summit ” . Mar 27, 2024 · Production of crude steel in the Middle East by country 2022. Abu Bucker Husain expects steel demand to improve in 2018 and in the years ahead in the UAE and the rest of the Middle East. Steel Building Market in Middle East and Africa to Escalate by USD 268. 1 If global steel production were a country, it would be the third-biggest emitter in the world after China and the U. Crude steel production contracted in all regions in 2019 except in Asia and the Middle East. Ezz steel is the middle east's leading steel producer and a major player in the global steel marketplace. . Dec 7, 2021 · The Middle East and North Africa (MENA) region is ramping up efforts to produce greener steel and develop a clean energy grid to help lower carbon emissions. 1995 Acquired ISO 9002 Dr Edwin Basson – Director General. As GMK Center reported earlier, the global demand for steel in 2023, according to WSA estimates, will grow by 2. Russia & other CIS + Ukraine produced 7. Demand for steel products in the construction, infrastructure, oil and gas sectors has fuelled this growth. The region produced just 3% of global crude steel in 2021 but it accounted for nearly 46% (55 Mt) of the world’s DRI production. Jan 24, 2024 · The UAE’s steel production has grown rapidly, increasing more than sixfold since 2000. Contributing to a significant 19. (ISPC) has embarked on several expansion programs to further consolidate our position as a trusted brand in the steel industry and as a manufacturer of high-quality Mar 27, 2024 · In 2022, the apparent use of finished steel products in the Middle East exceeded 51. With an innovation stage in addition to the main stage and a diverse lineup of sessions, the conference will delve into the latest market data, emerging trends, legislative Latest Developments in The Middle East Steel Market 2023. In 2024, according to the Middle East Manufacturing Steel LLC is a part of Middle East Consultants which was established in the year 2005 at Ras Al Khaimah and working at the forefront of industrial, commercial and building projects. Steel production in the Middle East is relatively clean compared to the rest of the world due to the region’s extensive natural gas reserves. 2 The likely game changer is using green hydrogen in steelmaking, a subject at the top Oct 10, 2022 · Alongside this, blue hydrogen production is associated with more than 800 MMtpa of CO 2 globally, providing an opportunity to address these emissions, with CCS currently capturing approximately 3. 3%. 08. 01% between 2023-2028 Feb 21, 2019 · This review synthesizes field research, textual analysis, and archaeometric data to evaluate different explanations for the spread of iron in the ancient Near East. 2% and by 3. 6%. 6 mln tons, due to a reduction in Iranian steel output. Economies of Middle-East, India and China will be least effected. a type of steel produced by melting the raw materials in a crucible. We recently issued our April Short Range Outlook in the shadow of the human and economic tragedy taking place in Ukraine; we hope peace will Egypt stands tall as Africa's leading steel producer and holds the second position in the Middle East and North Africa (MENA) region. e. The Saudi Arabia Steel Pipes And Tubes Market is one the fastest growing countries in the Middle-East region through establishments of new production Apr 24, 2023 · Demand for steel in the Middle East is forecast to grow by 2. 08% on an annual basis from 3. India is the 2nd leading producer of iron and steel industries. Sep 14, 2022 · Key Takeaways: The MENA region can lead the world if it shifts promptly to renewables and applies green hydrogen in its steel sector. North America produced 9. 87 Million with a CAGR of 4. COM is a Middle East b2b steel portal, providing buyers and sellers with, an in-depth database, steel offers, inquiries, news, jobs, information, events and e-commerce. The exhibition features a wide range of products and services, from raw materials and processing equipment to finished products and logistics solutions. Our products are made of 100% local, high quality recycled steel and 80% renewable sources of energy – resulting in steel produced with as low as 0. Jan 25, 2024 · World crude steel production for the 71 countries reporting to the World Steel Association (worldsteel) was 135. 8pct YoY to 28. com The Middle East produced 4. 309 million tonnes in 2017, up by 5. However, the region experienced a 2. 3 Mt, up 5. Published by Salma Saleh, Mar 27, 2024. With this initiative Vale will guarantee the availability of high-grade agglomerated products and foster the expansion of the low carbon steel industry. Abu Dhabi, UAE – August 3, 2021: Abu Dhabi National Energy Company PJSC (“TAQA”), one of the largest listed integrated utilities in the region, announced today a partnership with Emirates Steel, the leading integrated steel plant in the Middle East, to develop a large-scale green hydrogen project enabling the first green steel produced in Jun 6, 2023 · The move comes amid ongoing efforts in ramping up DRI and DR pellet production capacity in the Middle East and North Africa region. Steel producers initiated upstream expansion programs Slow down of the US economy could effect the economies of eastern Europe, part of America and Asia. 2% in 2023 and 2024, reaching 52. Islamic scholars al-Kindi (full name Abu Ya'qub ibn Ishaq al-Kindi, circa 800 CE – 873 CE) and al-Biruni (full name Abu al-Rayhan Muhammad ibn Ahmad al-Biruni, circa 973 CE – 1048 CE) both wrote about swords and steel made for swords, based on their surface appearance, geographical location of production or forging, or the name of the The number of low-emission steel production announcements is constantly growing and expanding around the world, gaining momentum in Canada, the Middle East, Australia, and China. MENA has an established supply of DR-grade iron ore and its iron ore pelletising plants are among the world’s largest. Oct 26, 2021 · World crude steel production for the 64 countries reporting to worldsteel was 144. The production plant, which is set to be managed by a joint venture (JV) company between Mitsui and Kobe Steel, is expected to commence production in late 2027 with a production capacity of 5 million tonnes of DRI per annum through the MIDREX process. Regions and countries covered by the table: Nov 16, 2023 · Vale, the world’s largest producer of DR-grade iron ore, is planning green iron “Mega Hubs” in the Middle East that will supply iron ore pellets to co-located DRI plants to produce hot briquetted iron (HBI) for local consumption and export. However, this does not fully decarbonise the operation – only 30% of carbon dioxide was captured in 2022. Rated 4. Check out who is attending exhibiting speaking schedule & agenda reviews timing entry ticket fees. 2% of the industrial GDP in 2002, the steel sector underscores its importance in the Egyptian economic landscape. AGSI helps transform the steel industry sustainably ghg steel uae Wed, 04 Sep 2024 00:00:00 GMT Daily News Egypt - AGSI is the UAEs first net zero steel plant and carbon neutral manufacture May 11, 2021 · Dublin, May 11, 2021 (GLOBE NEWSWIRE) -- The "Middle East Long and Flat Steel Products Market (Value, Volume) - Analysis By Product Type, End User, By Country (2021 Edition): Market Insights The Gulf Steel Show Exhibition is an annual trade event that brings together key players from the steel industry in the Middle East and beyond. The UAE is now the second-largest steel producer in the Middle East. 8%. nhyhvgfsxnbnsqarjdveypunzdygosoizereblhxbpyqqkmyil