Steel production in the middle east. Mar 27, 2024 · Production of crude steel in the Middle East by country 2022. 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. 2 metric tons of CO2 per metric ton of steel. 31, 2024 (GLOBE NEWSWIRE) -- The . 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. 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. 149 million tonnes in 2016. 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. The UAE imports most of the steel and steel products it consumes. 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. 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. e. 2024 edition of Fastmarkets Middle East Iron & Steel will be held at Madinat Jumeirah Conference & Events Centre, Dubai starting on 18th November. 2%. North America produced 9. 3% decrease compared to December 2022. 08. Steel Building Market in Middle East and Africa to Escalate by USD 268. The exhibition features a wide range of products and services, from raw materials and processing equipment to finished products and logistics solutions. The crude steel production of Turkey in 2022 amounted to about 35. The Arab Iron and Steel Union (AISU) will hold its annual conference under the title “ Arab Steel Summit ” . Jan 25, 2024 · World crude steel production for the 71 countries reporting to the World Steel Association (worldsteel) was 135. 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. Oct 26, 2021 · World crude steel production for the 64 countries reporting to worldsteel was 144. Ezz steel is the middle east's leading steel producer and a major player in the global steel marketplace. 11. However, this does not fully decarbonise the operation – only 30% of carbon dioxide was captured in 2022. 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. 1 If global steel production were a country, it would be the third-biggest emitter in the world after China and the U. com The Middle East produced 4. [citation needed] Jun 21, 2024 · World crude steel production for the 71 countries reporting to the World Steel Association (worldsteel) was 165. Mar 18, 2021 · Saudi Arabia Seamless Steel Pipes And Tubes Market Secrets. About Ezz Steel. They have a state-of-the-art facility in Abu Dhabi and serve various sectors such as construction, oil and gas, and industrial projects. Russia & other CIS + Ukraine produced 7. 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. 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. 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. a type of steel produced by melting the raw materials in a crucible. 6% decrease compared to the same month in 2023. 5% increase compared to May 2023. (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. 2 Mt, down 3. 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. Jun 7, 2018 · Crude steel production in the UAE totaled 3. 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. 3 million metric tons. 3%. [11] 1989 Achieved 5 million tons of production from all plants. 1981 Achieved 1 million tons of production for DR, [8] EF, [9] CC [10] and RM. Steel producers initiated upstream expansion programs Slow down of the US economy could effect the economies of eastern Europe, part of America and Asia. Jun 2, 2018 · This is a type of crucible steel, i. As GMK Center reported earlier, the global demand for steel in 2023, according to WSA estimates, will grow by 2. Crude steel production contracted in all regions in 2019 except in Asia and the Middle East. 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. Also, nearly 40% of our production goes to the oil and gas industry. Today MEM Steel is an experienced and progressive company with a strong record of carrying out high quality jobs on time and to budget. 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. 1 million tonnes (Mt). Check out who is attending exhibiting speaking schedule & agenda reviews timing entry ticket fees. 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. 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. 5 million tonnes of steel, which is at 45% lower carbon emissions. 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. Contributing to a significant 19. 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. 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. Published by Salma Saleh, Mar 27, 2024. 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. 8pct YoY to 28. Technical barriers may make it difficult to ramp up DR-grade iron ore production to supply other regions. 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. 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. As a result, the AL ITTEFAQ STEEL PRODUCTS CO. 1995 Acquired ISO 9002 Dr Edwin Basson – Director General. 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. 1 Mt, up 11. 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. The UAE is now the second-largest steel producer in the Middle East. In 2010 and 2017, it started to rise again. This makes the Middle East steel industry greener than China and India. The 71 countries included in this table accounted for approximately 98% of total world crude steel production in 2022. 3% compared to 2022 – up to 1. 6%. Jan 31, 2024 · Dublin, Jan. 1 MWh. 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. This map is a reliable reference for production capacities in GCC, the Arab region and North Africa. The total production for the 71 countries reporting to the World Steel Association amounted to 148. However, the region experienced a 2. 4 million tonnes (Mt) in September 2021. 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. 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. 4 million tons and 54. However, the UAE faced challenges in the steel industry in 2023, with a decline in crude steel output and DRI production. 7 MMtpa CO 2 from hydrogen-production facilities. 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. 2% of the industrial GDP in 2002, the steel sector underscores its importance in the Egyptian economic landscape. 3 Mt, up 5. 2% in 2023 and 2024, reaching 52. 309 million tonnes in 2017, up by 5. Sep 14, 2022 · Its steel sector is already dominated by DRI with an established supply of DR-grade iron ore. 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. 7pct YoY decline in June 2024, totaling 4. . Qatar Steel was established on 14 October with its former name QASCO. 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. 08% on an annual basis from 3. 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. S. 822 billion tons. 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. 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. Green Steel Opportunity in the Middle East and North Africa 7 Introduction The steel industry is responsible for 7% of total CO2 emissions. See full list on fastmarkets. 0 by 14 people. 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. 2 tonnes of carbon emissions per tonne of steel produced. India is the 2nd leading producer of iron and steel industries. 7 million tonnes (Mt) in December 2023, a 5. Rated 4. 87 Million with a CAGR of 4. 9 Mt, up 9. It is a 3 day event organised by Fastmarkets MB and will conclude on 20-Nov-2024. This makes the Middle East steel 311 people interested. Demand for steel products in the construction, infrastructure, oil and gas sectors has fuelled this growth. 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. AGSI have taken accelerated steps towards a more sustainable future with its lowest GHG footprint for steel production in the Middle East. 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. South America produced 3. 1 million tons, respectively. 5 mln tons in the first half of 2024, according to data from the World Steel Association. 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. 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. 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. The qualities of Wootz steel were well-suited to making weapons. Emirates Steel is a leading steel producer in the Middle East and produces a wide range of structural steel products, including girders. The origin of the name "Damascus Steel" is contentious. 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. 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. 1 million tonnes (Mt) in May 2024, a 1. venture between Nippon Steel and Su-mitomo Metal Corporation, they began operations in 2008 in the middle of the global economic crisis. Jul 23, 2024 · Crude steel production in the Middle East increased by 5. 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. ” 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. 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. For near zero-emission steelmaking, the most notable progress has been in the following countries: About Ezz Steel. 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. [1] 1978 Commenced steel production. 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. Due to its high quality, Wootz steel was traded all over the ancient and Medieval world, including Europe, the Middle East, and China. 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. Current evidence supports an Anatolian origin for extractive iron metallurgy on a limited scale sometime in the early 2nd millennium BC. 6 mln tons, due to a reduction in Iranian steel output. Economies of Middle-East, India and China will be least effected. 8%. 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. Jan 24, 2024 · The UAE’s steel production has grown rapidly, increasing more than sixfold since 2000. With this initiative Vale will guarantee the availability of high-grade agglomerated products and foster the expansion of the low carbon steel industry. 2% and by 3. MENA has an established supply of DR-grade iron ore and its iron ore pelletising plants are among the world’s largest. 1991 Acquired Japanese Industrial Standards (JIS) mark certification. ewnfxhwuwreugfqphuafmcjxwufeaocrvmkphmsqfnobfvibbf