MEsteel.com Jan 2005 - Newsletter |
" Middle East Metal And Metallurgy Exhibition 2005 "
Dubai, UAE, 27 - 29 March 2005
Book your stand at this exhibition
which will bring together the major players in the Middle East Steel Industry
10 pct DISCOUNT (for MEsteel members only).
In MEsteel's January 2005 News Letter:
- Steel News In The Middle East.
- MEsteel :
144 New Members
- Steel
Figures for December 2004
- Steel Market Overview and Prices.
- Steel Events - Discounts for MEsteel
members
- MEsteel, Your Most Efficient Presence on the Internet
General News: Steel production record will be beaten again in 2005
General News: World crude steel production stands at 90.4 mmt
General News: The recent rise in EU steel prices did not live upto
expectations
Iran: South Pars phases 6, 7, 8 costs higher due to increased steel weight and
prices
Iran: Alloy Steel Co.’s raw steel output up by 20%
Pakistan: Pakistan Steel records production, sales and profit in last half
2004
UAE: NPCC gets contract worth $500 million
Iran: Second phase of Malayer’s alloy iron project to conclude this year
Qatar: QASCO Signs Long Term Agreement for Iron Ore Pellets
Oman: UAE firm to set up $750m HBI plant in Oman
Qatar: Qasco to set up $400mn unit to double production
Saudi Arabia: Midrex Plans Largest Hot DRI Plant
Saudi Arabia: Zamil Industrial Investment profits up 40pc
UAE: Drydocks launches Safina project in city
Iran: Mobarakeh to double exports this year
Iran: $9b to be invested in metal industries in 4th plan
General News: VAI gets off to a flying start in 2005 with major orders from
Hadeed
India: Ispat, Essar may invest in Iranian steel maker
Saudi Arabia: Zamil Steel increases production capacity
UAE: Mammut Technocrete established in Techno Park
Iran: NISCO to implement five new plans for steel development
Iran: Iranian-Indian consortium to build steel mill in Bandar Abbas
Iran: Iran’s steel output approaches 7m tons
General News: International Steel Market Roundup - January 2005
General News: Asian average carbon steel price forecast for September 2004 -
MEPS
Iran: Mobarakeh Steel exports to Southeast Asia to increase next year
Turkey: 2nd high-speed wire rod line startup at Içdas Çelik, Turkey
Turkey: Turkey's crude steel output up 12.9% from Jan-Sept 2004
Pakistan: Four steel mills of Ittefaq Group auctioned
General News: Crown increases beverage cans capacity in Middle East
Yemen: Al Rahabi installing 120 KT Rebar Line in Hodeidah
Full stories + many more
Middle East steel articles on MEsteel news
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Use MEsteel to Expand your Business!
144 new steel related companies, joined MEsteel in December 2004,
totaling 2.640 active MEsteel members to do business with.
See what each company does, buys and sells,
and contact the ones of interest to you in 1 click!
Algeria
CCBO SARL
IMPEX
Canada
ROYAL CANADIAN STEEL INC
China
LIAO YANG STEEL TUBE CORPORATION LIMITED
Egypt
ANGEL
AYAD GROUP
DANDOS INTERNATIONAL TRADE
EGYPT NATIONAL
GINZA FOR CONSTRUCTION
IPS-TRADE.COM, EGYPT
NASR IMP.&EXP.
NILE STEEL
UNIMAS SHIPPING AGENCY
India
MAROO STEELS
Iran
ARSA INT CONSTRUCTION CO.
BALMIN
BELAL ELECTRIC MOTOR MANUFACTURING CO.
HAFA TRADING COMPANY
KARASSAN LTD
LUCKY METALS
PARS ADONIS
PARSIYANPARDIS
PART KIYANA INDUSTRIAL TRADING GROUP
POOYESHPART
RAMYAD CO
SHAHED COMMERCIAL COMPANY
SOUFIAN CEMENT CO.
SOUTH MEHRAN SYS
STEEL FORM CO
TAVAN GOSTAR IRAN
Iraq
SOHAIL GENERAL TRADING
Jordan
INDEPENDENT TRADING EST.
SALAM INTERNATIONAL TRANSPORT & TRADING
Kuwait
AL BADER CO
AL ENAYA GENERAL TRADING &CONTRACTING EST.
AL-DASHTI & MARICAR GEN. TRADG. CONTG. CO. W.L.L.
ASSOCIATED SUPPLIES GROUP
HEAVY ENGINEERING IND. & SHIPBUILDING CO
MECHANICAL ENGINEERING CONT CO
RAKAZ NATIONAL COMPANY W.L.L
Lebanon
BAHNAM STEEL
SOCIéTé LIBANAISE POUR LES MéTAUX S.A.L
UNIMEC
Libya
ELTAWADOD COMPANY
WATCHFUL EYE INSPECTION & CONSULTING
Pakistan
AAMIR TRADERS
ALIKO TRADERS
ALNOOR TRADING COMPANY
BESTICARE INTERNATIONAL
CCFC
CDS (PVT) LTD
CONTINENTAL ENTERPRISES
FABCON DESIGN & ENGINEERING PVT LTD
GM STEEL WORKS
GWADAR STEEL MILLS (PVT) LIMITED
INTERTRADE DISTRIBUTORS PVT LIMITED
INTGROUP
JAMAL TUBE MILLS (PVT) LTD
MAKUTA TRADERS.
MALIK ISRAR SALEEM & BROTHERS
MEHAK ENTERPRISES
METDEALS INTERNATIONAL
PAK A ONE INDUSTRIES PVT LTD
SURIA ENGINEERING
VISION INTERNATIONAL
WORLD SOURCE GROUP
ZAHOOR TRADERS
Qatar
BUSINESS COMMUNICATIONS TRADING & CONTRACTING
Saudi Arabia
AL JEHNI
AL YAMAMAH ELEC. POLES FACTORY
ALHENNA TREDING EST
ALMARKB INTERNATIONAL MARINE SERVICES
DORRER AL WALID
GULF EQUIPMENT CO. LTD.
INDUSTRIALIZATION AND ENERGY SERVICES CO
M.A. AL-KAWARI EST.
R. AL MASHAAL TRADING CO LTD
SAUDI COMMERCIAL SERVICE CENTER
SAUDI K-SPAN FOR STEEL BUILDINGS
Syria
TABCO
Turkey
BERTLING LOJISTIK
BIRLESIK METAL
BIRMAN & KELVEN CO
BOEM GRUP CO.LTD.
CELBOR SEAMLESS STEEL PIPE INDUSTRY AND TRADE
DIRSAN ISI VE METAL LTD STI
FFB ELECTRONIC
HABORU STEEL PIPE IND. AND CO
HUNER KRIKO LTD
MTC FOREIGN TRADE COMPANY
NET METAL
SIM METAL CO.LTD.
SUN SHIPPING CO. LTD.
TUNCMETE SHIPPING
TUTKUNLAR ENDüSTRIYEL ÜRüNLER SAN. TIC. LTD. STI.
UNIPAS A.S
YAVUZ PANO ELEK.A.S.
YILSA SAYAÇ LTD.STI.
ÖZALP WIRE MESH METAL INDUSTRY AND TRADING CO.INC.
U.A.E.
AL SHAHEED TRADING EST.
AL SHAMALI INTERNATIONAL FREIGHT SERVICES LLC (SIFCO)
AL ZAYANI WATER JET INDUSTRY
ALL METALS INDUSTRIES LLC
ALMAJD TRADING
ARAB TRADERS GENERALTRADING CORP.
ARABIAN METAL TRADING
AZIMUTH INTERNATIONAL
BAKJAM STEEL FABRICATION L.L.C
BFGT
BUSINESS WAYS METAL L.L.C.
DISON TECH LLC
DUKHAN ENGINEERING
EASTERN INTERNATIONAL LLC.,
ELFIT ARABIA
ELITE TRADING FZC
EMIRATES SPACE ERECTORS LLC
EURO STEEL FZCO.
GALFAR
GENESIS INT'L F.Z.E.
GULF ENGINEERING & GEN MAINTENANCE
INTERNATIONAL CONSULTANCY CENTER
JUOPTER INTERNATIONAL TRADING LLC
KHAN LLC
KIMOHA ENT. LTD
KUPPS & SACHS FZC
MAJTEC INT'L FZE
MEGA MARITIME SHIPPING EST.
MITSUI & CO. LTD
MODEST METAL STRUCTURES IND.L.L.C.
OASIS WEAR TECH INDUSTRIES
PASCO DUBAI
POWER ECONOMY MIDDLE EAST
PRESTIGE ENGINEERING LLC
REXEL INDUSTRIES, FZCO
SADCO FZCO
SKYLINE EXHAUSTS INDUSTRY
SKYLINE INTERNATIONAL FZE
SPREE TRADING
STARLIGHT METALS LLC
SYNERGY OIL & GAS INTERNATIONAL, INC.
TAMCO MIDDLE EAST
TECH INTERNATIONAL FZC
TIGER STEEL ENGINEERING
Yemen
DERHIM A A TRADING STORES
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World steel production, powered by enormous demand in China,
has set a new annual output record with the production of more than one
billion tons of steel.
This is the first time the world produced a billion tons of steel in a single
year.
Global steel output came to 968.3 million tons in 2003.
Steel industry experts predict that production should continue to grow next
year, though perhaps at a slower rate.
One specialist at the Organization for Economic Cooperation and Development
foresees production of 1.063 billion in 2005.
Robust economic growth in China, notably to build infrastructure ahead of the
2008 Beijing Olympic Games, is expected to fuel demand over the next several
years.
For the month of December 2004, world crude steel production stood at 90.4
million metric tons (mmt) .
This is 11.3% higher than for the same month in 2003.
Asian production reached 44.8 mmt in December. This is a rise of 18.3%
compared to December 2003.
Chinese production was 26.5 mmt in December, 33.1% higher than for the same
month of 2003.
Production for the 25 countries in the European Union was 15.5 mmt in
December, 6.2% higher than in December 2003.
Production for Middle East countries was as follows.
| Dec 2004 | Jan to Dec '04 x1.000t |
Difference in percent first 12 months 2003 <-> 2004 |
|
| Algeria | 42 | 1014 | - 3.5 |
| Egypt | 420 | 4757 | 8.2 |
| Libya | 119 | 1026 | -2.0 |
| Tunisia | 5 | 63 | -26.7 |
| Iran | 755 | 8682 | 10.3 |
| Qatar | 80 | 1046 | -0.8 |
| S.Arabia | 342 | 3902 | -1.0 |
| Turkey | 1798 | 20478 | 11.9 |
Crude steel production in the enlarged EU-25 is expected to
be finalised at 193 million tonnes in 2004.
This represents a 9.7 million tonne (5.3 percent) hike on the previous year’s
outturn.
The steelmakers of the former USSR will be responsible for lifting year on
year output by more than 6 million tonnes in 2004.
Most of this 5.7 percent gain occurred through improvement in output from the
blast furnace/oxygen convertor process.
Steel manufacturing in the NAFTA region will be up by 9.7 million tonnes in
2004 compared to the outturn in 2003.
This increase of almost 8 percent has been obtained by a combination of
increased local demand and a restriction on the volume of imports into the
area.
The steel makers in South America continue to lift output at a solid rate.
MEPS expects production in 2004 to reach 46 million tonnes - 3.15 million
tonnes (7.5 percent) above the year earlier figure.
Both local and export demand have been firm over the past twelve months.
Africa is the only region which will not record a substantial rise in steel
making in 2004 compared to the year earlier figure.
Steel production in the Middle East will be 5.5 percent (0.75 million tonnes)
up in 2004 compared to the previous twelve months.
All the increase will take place in the Iranian steel sector. Output in the
other main producing nations of the region will be steady.
Asian crude steel production in 2004 will be approximately 55 million tonnes
up on the year earlier figure.
This equates to an increase of 12 percent over the period. Most of the advance
has occurred in the integrated blast furnace/oxygen convertor process.
Steelmakers in China have been responsible for a significant proportion of
this escalation.
(Sources: IISI and MEPS)
Check monthly Middle East price indications per product type,
latest news on steel
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Get your DISCOUNTED RATES on following Events...
(for MEsteel members only)

1/ CIS Metals Summit 2005
Marriot Grand Hotel, Moscow, 15-17th Feb 2005
Is for all metals industry professionals active or with a strategic interest
in the region.
MEsteel members PAY 10% LESS for this Summit.

2/ " Middle East Metal And Metallurgy Exhibition 2005 "
Dubai, UAE, 27 - 29 March 2005
Book your stand already and get 10 pct DISCOUNT (for MEsteel members
only).
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