Arab Steel Industry?” Dukki – Giza – Cairo – Egypt Tel: +20233356219 9 Mr
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Managing Director Mr. KAMEL DJOUDI Contents Assistant Editor-in Chief Ola Aswad Review’s Offices Editorial : Arab Iron and Steel Union continues its support activities Algeria Secretariat General P.O. Box: 04 4 Cheraga - Algeria Tel: +213 - 23 290727 / 290751 Arab and World iron and Fax: +213 - 23 290755 steel news E-mail: [email protected] Egypt unveils plans to build new Damascus Regional ffice 6 capital east of Cairo WHICH WILL P.O. Box: 6008 SUPPORT sTEEL DEMAND Damascus - Syria Tel: +963116131981 Fax: +963116123022 Reports E-mail: [email protected] http://www.aisusteel.org/ 8 Summaries of Working pepars Cairo Regional Office “Is There Light After Darkness For P.O. Box: 515 The Arab Steel Industry?” Dukki – Giza – Cairo – Egypt Tel: +20233356219 9 Mr. .George Matta -Marketing Director Fax: +20233374790 EZZ STEEL E-mail: [email protected] Arab Countries Steel Report Mr. Yigit Can KURTKAYA -Market Research Expert Correspondences: 12 Turkish Steel Exporters’ Correspondences Association - TURKEY regarding publications, subscription and advertisements to be directed to the Reshaping the Global Steel Industry magazine’s Editor in Chief working paper of Maghreb Steel Damascus - Syria 15 by Mr. Amar Drissi CEO Outlook at the Arab Steel Industry 2020 25 Mr. Kamel Djoudi Secretary General Arab Iron & Steel Union Algeria Sponsors of Arab Steel Summit 2017 31 4 Editorial Arab Iron and Steel Union continues its support activities The changes in the Arab and in- ternational steel industry have led to a state of tension and in- Summit working papers dis- stability. The challenges result- cussed all the issues with details ing from the large increase in , in addition to discuss other re- the flow of imported iron into the searches connected to the mod- Arab markets at prices which are ern technologies . lower than the cost of production We have to mention that this is in the local markets , the first time that we see all steel In addition to the clear gap be- producers (seniors and juniors ) tween global raw material prices agree on one goal which is fac- and the prices of finished steel ing Dumping . products in the Arab markets, Mr. KAMEL DJOUDI the Secre- local steel makers have been tary General of AISU talk about asked to take measures to pro- the promising future of Arabic tect the steel industry from col- steel industry depending on re- lapse through support, encour- alities : " Moreover there are agement and anti-dumping. several positive signs ,some In its long march of supporting Arabic companies announced steel industry AISU held its an- about positive results this year nual summit in October / Mo- ,in addition to the production of rocco ,through this summit AISU several new projects in Algeria, concentrated on several changes Egypt , Sultanate of Oman " he which are facing this industry . adds " arrangements which are AISU's Chairman Mr. AWWAD taken by some countries to con- AL-KHALIDI said " it is very im- front dumping through impos- portant to talk about the phase ing fees or limiting the imported of instability which confront steel quantities with limited qualities industry at the current time ,Arab ,helped in such case " and Global steel industry exam- Some researchers apply points ine consecutive changes which it of view about the future of Ara- didn't face before ". bic and Global steel industry , Mr. George Matta EZZ STEEL mar- keting manager sees that all the following countries " Saudi Ara- 5 Senior Vice President Commer- cial Sales/Marketing - SMS Group GmbH has mentioned the modern bia , Egypt ,UAE , ' are playing an and ready projects in the Middle important rule as they considered East era and North Africa for ex- major steel markets, as for the op- ample : The New Pipe Factory in erations that change the steel dy- Al Gharbia (UAE),Midrex Facto- namics especially at the areas that ries Algerian-Qatari Steel , Tosyali produce good steel such as North for fiber glass ( Algeria ) . Africa and Middle East . Mr. Yiğit Can KURTKAYA Market Mr. Amir Drissi CEO- Maghreb Research Expert -Turkish Steel Steel ,has talked about the effects Exporters’ Association has intro- of these dynamics on the region in duce information about the expec- general and especially on Maghreb tations in steel sector and its trad- Steel. ing in the Arabic country focusing On the other hand the summit dis- on the steel trading between Arabic cuss the level of Arabic steel indus- countries and the Majors countries try today and the ways which will in steel exporting such as ( China develop this industry . ,Russia ,EU and Turkey) . Mr. Yousef Al-Muhannadi Gen- Any ways Arab Steel Industry is eral Manager - Algerian – Qatari continuing and growing through its Steel has mentioned the a story adapting with the universal chang- of the successful strategic coop- es which push to motivate this in- eration between two Arabic coun- dustry to work harder to develop tries , both Algeria and Qatar has this industry and becoming more decided to invest by building a mill respondent to the local markets in Algeria which start producing in and consumers needs and re- October 2017 . quires . The General Manager of EPE FRAMEMETAL Mrs. Allal Naouel has discussed the Adopting of a new building system from US which is the first one in Algeria . Speakers have talked about the modern projects , Mr. Olaf Stalfort Arab Steel 6 NEWS stEEl futurEs fall aMid un- Egypt unvEils plans to build cErtain outlook, iron orE nEw capital East of cairo incHEs up sligHtly wHicH will support stEEl dE- Chinese steel futures retreated on Mand Wednesday with investors concerned that curbs on iron ore production capac- The Egyptian government has an- ity in the top steelmaking city of Tang- nounced plans to build a new capital to shan could yet fall short of their expec- the east of the present one, Cairo. tations. Arab Steel - September October 2017 Tangshan, in northern China's Hebei Housing Minister Mostafa Madbouly province, plans to temporarily ban pro- said the project would cost $45bn duction from a total of 18.21 mln tons of (£30bn) and take five to seven years to ironmaking capacity from mid-November complete. until mid-March. Ironmaking by blast furnaces is a key He said the aim was to ease congestion procedure for making steel. and overpopulation in Cairo over the Steel supplies in the world's top pro- next 40 years. ducer will be hit by the temporary ban on the capacity use, and the government The announcement was made at an in- is expected to step up efforts to curb vestment conference that aims to revive steel production in more cities to clear the Egyptian economy. its skies in the winter heating season. However, some analysts are concerned The gathering, in the Red Sea resort of that the capacity ban will be relaxed if Sharm el-Sheikh, has attracted pledges smog weakens. worth $12bn (£8bn) in aid and invest- "The capacity curb is slightly lower ment from Kuwait, Saudi Arabia and the than market expectation. And what re- United Arab Emirates. ally matters is if the production cut can be implemented thoroughly, which will Mr Madbouly said the population of depend on the weather, so the outlook greater Cairo, estimated at about 18 mil- remains uncertain," said Zhao Chaoyue, lion, was expected to double within 40 an analyst with Merchant Futures in years. Shenzhen. The most active rebar on the Shanghai The Egyptian parliament and its govern- Futures Exchange closed down 0.95 ment departments and ministries, as percent at 3,563 yuan a ton. well as foreign embassies, would move Dalian iron ore futures inched up 0.8 to the new metropolis, he said. percent to 429.5 yuan a ton. Among other steelmaking raw materials, "We are talking about a world capital," Dalian coal future dropped 0.3 percent he added. to 1,079 yuan a ton and coke futures jumped 0.8 percent to 1,688.5 yuan a Developers say the new city - the name ton. of which has not been revealed - would include almost 2,000 schools and col- leges and more than 600 health care fa- cilities. They say the project will create Me Steel more than a million jobs. It is planned to be built over 700 sq km (270 sq miles) and house about five mil- lion residents. bbc News 7 NEWS iMports of Japan-origin Hr Speaking at the Arab Iron & Steel Un- platEs to uaE to incrEasE on ion (AISU) Steel Summit in Casablanca, al gHarbia rEquirEMEnt Morocco, on Tuesday, October 25, Matta said steel demand in the Mena region Al Gharbia Pipe Company, a joint venture was down in 2017 due to budget cut- between the UAE’s Senaat, Japan’s JFE backs and inflationary prices. Steel Corporation and Marubeni-Itochu Steel Inc. (MISI), is planning to start its operations next year. For that reason, the Me Steel company has already received the first shipment of steel plates from Arab Steel -September - October 2017 Japan which will be used as a feedstock. Egypt’s asHry stEEl aiMs to Once fully operational in 2018, Al Ghar- bia’s production capacity is expected to start flats production reach 240,000 tpy of large diameter Ashry Steel, a producer of structural high-quality sour grade steel pipes that steel and ERW tubes in Egypt, seeks to cater to the construction and energy get a share in the flats market as well. sectors in the region. The total expected The company has recently agreed with investment is approximately $0.3 billion one of the global equipment suppliers to (AED 1.1 billion). The finished products establish a new facility in Egypt.