- Our meeting is held today in the kingdom of Bahrain which hosts the works of the board of directors, On this occasion, Arab Iron and Steel Union (AISU) expresses its deepest gratitude and thanks fullness to the government of the kingdom and its generous people and for the this hosting by Gulf Company for Iron and Steel to hold the meetings of the board of directors and for the efforts exerted by the company in the setting and preparation for this meeting, the following lines will provide a quick summary about the steel industry in 2011: - 2011's results showed a good image for most of Arab companies, this image can be described as a fresh start for Arab Steel Industry. - Massive investments and projects executed by Arab countries in Gulf region, especially, infrastructure and huge building projects such as; harbors, airports, and speedways which have had positive influence on Arab steel industry since this very industry has reacted with the same pace with those projects to fulfill their needs of various steel products via creating new projects which are being carried on by steel mills or the expansions accompanying the current projects. - Those expansions carried on by steel mills have been embodied in new production lines aiming to develop the products spectrum fulfilling requirements of these projects whether of rebars , wire rods, sections, or flats of all kinds.
[..More]Emirates Steel Increases Output by 45.4% and Sales Volumes by 30% Last Update 28/07/2010 13:10:34 Emirates Steel, the largest single integrated steel producer in the UAE, registered an increase in finished products output by 45.4 per cent during the first half of 2010, compared to the same period in 2009. Product sales increased by 30 per cent during that same period, according to the press release issued by ESI on 27 July, 2010. [..More]Kuwait-Oman train could run by 2017 Last Update 05/11/2009 11:30:09 An ambitious GCC rail network linking Kuwait with Muscat could be up and running by 2017, the project manager said yesterday. Gulf nations are working to link their various rail projects into one network to service both freight and passengers. [..More]Société Nacionale de Sidérurgie «SONASID» Suspends its Expansion Projects and Its profits dropped by 86% after decline of sales and fall of prices Last Update 03/10/2009 14:03:19 National Iron and Steel Company "SONASID", has announced that its net half annual profits dropped by 86.5% as a result of the reduced demand for the construction steel in the Moroccan market along with the sharp drop of the steel prices in the world market and the reflection of this on the Moroccan market. [..More]Meetings of AISU׳s Board of Directors and General Assembly in Tunisia Developing joint industrial strategy based on modernization and developing Last Update 14/06/2009 11:52:31 The opening speeches and discussions made during the meetings of the Board of Directors and General Assembly of the Arab Iron and Steel Union (AISU) held in Tunisia during June 2009 have focused on importance of cooperation of the Arab industrialists to face the crisis through which these industries are passing, in general, including the iron and steel industry which is considered one of the strategic industries [..More]Production of Arab companies exceeds 20 million tons Last Update 22/07/2007 09:53:24 Mr. Mohamed Laid Lachgar, AISU’s Secretary General, presented his report to the Board of Directors reviewing the facts of the Arab steel industry during 2006 and some results related to the first quarter of 2007. [..More]The Target is 7.5 million tons of finished products during the next three years Last Update 17/05/2006 14:31:58 Ezz – Dkheila company is targeting to reach with its production capacity as close as 7 – 7.5 million tons of its finished products during the next three years. This has been declared by Eng. Ahmed Ezz, President of the company, in a special statement to the Arab Steel magazine. Eng. Ezz expects that the company’s total production in 2006 will outpace 5.1 million tons of finished products, which constitutes an increase over the production level achieved in 2005 by about 600 thousand tons and more than one million tons over the production level of 2004. [..More]Arab Steel Industry 2004: Year of New Projects and Investments Last Update 09/05/2005 14:06:42 Arab Steel Editor: 2004 was an exceptional year for the Arab steel companies. It was the first time that most of the companies, in particular the integrated companies, had achieved good profits in spite of the high costs of the inputs which affected the levels of profitability compared to losses which had taken place in previous years. It was also the first time for more than two decades at which we find investors and really existing companies making a race with time to enter into implementation of new projects or into expansions of the existing projects. [..More]