MEsteel.com may 2004 - Newsletter

 
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MEsteel's May 2004 News Letter,

Sponsored by "STEELFAB " Sharjah, UAE
The Exhibition for Fabricators in the Middle East.
Machinery, Equipment and Consumables for the Steel Fabrication Industry.
see https://www.steelmillsoftheworld.com/events/expocenter/index.htm

- Middle East Steel Output up by 6.6%
- Market Overview and Prices
- MEsteel : 95 New Members
- New info for you on MEsteel
- How MEsteel attracts more business for you?
- Steel News In The Middle East.
- Steel Events June - July 2004

Middle East Steel Output up by 6.6%

World crude steel production in April stood at about 83.4 million metric tons (mmt).
This means an increase by 6.5% compared to April 2003, and 8.4% year to date (YTD).
It is also the second highest-ever recorded monthly production.

Total Middle East steel Output was up (6.6%) compared to April 2003.
Iran produced 730,000 tons of crude steel production in April, a rise of 12.8% on the same month in 2003.
YTD production in Iran stands at 2.7 mmt, an increase of 8.2%.

China produced 20.9 mmt of crude steel in April a rise of 20.6% on April 2003.
For April 2004, Chinas apparent steel consumption exceeded 25mmt.
Chinas exports of finished steel totaled 830.000 tons.

Japan also showed an increase in April. Production rose to 9.2 mmt, up by 2.4% compared to the same month in 2003.

Crude Steel Production Middle East countries in thousand of Tons:

April 2004 Total Jan to April
2004
% Difference for first 4 months 2004
Algeria 97 342 +2.3

Egypt

374 1.483 -0.4
Libya 104 374 -14.4
Tunisia  5 44 -48.3
Iran 730 2.522 +8.2
Qatar  92  363 +2.3
Saudi Arabia  315  1.309 -0.2
Turkey 1671 5.935 +11.7

 

Market Overview and Prices

The downswing in the steel market in China has brought much talk of corrections in the over-heated economy, and fears of falling steel prices. There has been some knock-on effect in other Asian markets, but it has not yet had an impact on steel prices in the wider world, which generally remain strong.

East Asian SCRAP markets remain soft, with recent bookings for HMS 1 at $206/T CFR, Far Eastern Ports.

For LONG PRODUCTS, prices in China have shown a significant dip.
These prices remain however considerably higher than a year ago. The increase over the last twelve months has been nearly 55 percent for Rebars and only slightly less for rod and sections. Exports from China continue, with Q235 billets at around $320/T and rebars at $380/T CFR Far Eastern Ports.
Turkey targets 460 US$/T CFR Dubai for its rebars, but buyers are reluctant to pay this level. Beams prices remain strong with levels in the range of 620 to 660 US$/T CFR Dubai.

FLAT PRODUCTS prices in Asia present a different picture. Steadier levels of end-user demand have kept prices more stable. The pace of the rise in prices has slowed down from the frenetic upsurge that characterized the first few months of this year.
In North American prices for all flat products have increase sharply. Hot rolled coil and plate have shown the biggest gains, and now stand at more than double what they were worth a year ago.
Prices of hot rolled coil from the CIS countries are spread across a wide range from $400/ton to $590/ton fob Black Sea, depending on the destination.
Russian HRC is sold to the Middle East at $450/T fob, while Ukrainian HR coils are sold to the Middle East, Egypt and Morocco at about $400/T fob Black Sea.
Cold rolled coils get only a 50 to 60 US$ premium.
The plate market remains strong, with long lead times in West Europe.
Ukrainian prices for commercial plates are at around 540 to 570 US$, CFR M.E. ports.

More prices and history graphs

MEsteel attracts 95 New Members in April 2004

95 new steel related companies joined MEsteel in April 2004,
bringing the total to 1963 MEsteel members.

Bahrain
GULF EXHAUST
NIAZI METALS SCRAP

Belgium
MANUCHAR NV

Cyprus
TYHOL HOLDINGS LTD.

Egypt
BETA EGYPT
CAIRO CO. FOR METAL CASTING
FTI
RADWAN GROUP FOR TRADING AND EXPORT
ANSDK
ALOLLA
AL BATAL FOR TYRES & BATTERIES
MARRYAT&SCOTT EGYPT
ZINC WORLD CO.

Hong Kong
FIVE STAR COMMODITIES LTD

India
QUALITY AGENCIES
PARIKH STEEL PVT. LTD
M G EXIM PVT LTD

Iran
JAMEH TEJARAT CO. (JTC LTD.)
FS STEEL TRADING CO.
HESHMATIYAN TRADING CO.LTD
ILBEIGI COMMERCIAL OFFICE
TRADE AND INDUSTRY DEVELOPMENT
GOLPA SAB GRINDING WHEEL MFG. CO.
LOYD ENG CO.
FIS TRADING
KIMIAGARAN INTERNATIONAL CO.

Iraq
ALAA GROUP

Jordan
ABBOUD TRADING EST
ALBOSTANGY

Kuwait
AL-OULA STEEL MANUFACTURING COMPANY
ALLOY STEEL
JPME

Lebanon
IDRO-CONSULT
LIGHT METAL PRODUCTS

Malta
PAMARGAN PRODUCTS (MALTA) LTD

Pakistan
NATIONAL ENGINEERING SERVICES TRADING AND CONSULTANCY COMPANY,
ALPHAMED INTERNATIONAL
KARIM STEEL CORPORATION
AL SHAMS GLOBAL SOURCES
TECHIMPEX (PVT) LTD
ZEESHANTRADING
GLOBE TRADE CORPORATION (PVT) LTD
ARAAZ ORTHODONTIC SPECIALIST
UNIVERSAL TRADERS
PAKISTAN SPRING IND
RAWAL INDUSTRIAL WORKS
STEELTRADER_ME
ENIKA CORP
ASNA INTL
PRIME STEEL WORKS
A.B.S. ENGINEERING CORPORATION (PVT.) LTD.
SNS ASSOCIATES
OVERSEAS TRADE CORPORATION (PVT) LTD

Qatar
CONTRACK INTERNATIONAL INC

Saudi Arabia
AL-MODAWAH TRADING EST.
MURSI ESTABLISHMENT
SAUDI STEEL REINFORCEMENTS LTD.
KWADDR ALWATAN
OMEGA FACTORY FOR LUMINAIRES, POLES & GALVANIZING

Singapore
SIN LEONG SIENG HARDWARE & MACHINERY PTE LTD

Sudan
OKO INVESTMENT AND SERVICES CO. LTD.

Syria
A.J.KSEIBI SONS COMPANY
RAFIQ AL MAJZOUB & SONS CO.

Tunisia
TUNISIE ENGINEERING ET CONSTRUCTION INDUSTRIELLE

Turkey
TUYANLAR
METALSAN LTD
NURSAN CELIK
CEMSUN PASLANMAZ SAC DEMIR ÇELIK MAMüLLERI SAN.TIC.LTD.STI.
DEKORSAN DIS TICARET VE METAL SAN. LTD. STI.

U.A.E
BAGHLAF AL ZAFER METAL IND
CLASSIC GENERAL TRADING
WEBFORGE MIDDLE EAST
DELTA WATER HEATER FACTORY
ASIATIC BUILDING MATERIAL
RIMCO BUILDING MATERILAS
ROYAL LIFE TRADING(ZARSOFT)
SILVER TIGER TRADING CO. LLC
RONA CARGO
OIL&GAS GROUP SERVICES LTD
CASPIAN INTERNATIONAL FZC
INTERTAYM FZE
LOUJIEN A/C
U.A.E. ENTERPRISES
OVERSEAS AST CO. LLC
EDRC GLOBAL
SPECIALIZED TECHNICAL EQUIPMENT
ZARNASH GENERAL TRADING LLC
GIPTEC CO LLC
SUNRE INDUSTRIES LLC
FLEXICAM FZE
ATF GENERAL TRADING CO LLC
ALREHMA SCRAP TRADING
AL ZAROONI AL KHWAJA CO.
FIOBCO FACTORY LLC.
TECHNICAL RESOURCES EST.


Who are they? What do they buy or sell?
Find companies details

or download and save in excel format

Not a MEsteel member yet ?
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New info available on MEsteel

> Enhanced Possibilities on MEsteel:

- Members can filter companies now also by activity, when sending offers / inquiries, for a particular steel product.
  So you may send, as example, in 1 click, an offer for steel plates,
  to only stockists, or traders, or steel mills, or end-users etc?,
  who registered as being buyers of steel plates.

- Members can edit - update their Job Offers online.

- New sub divisions & search for Tinplate TFS,
in Coil service centers, Traders -mills agents, and Stockists

> New Statistics on MEsteel:

-Dubai Ports Authority, 2003:  UAE Steel Imports, UAE Steel Exports
-World Crude Steel Production, 1995-2003
-Iran's Mining Sector

> New Technical Info:

Info on Abrasives, Grinding, Polishing Products

19th, 20th 21st Edition of APEAL (packaging Magazine)

JIS Tolerances  for Steel Plate, Sheet, and Strip 

ASTM norms and tables for:

   -Flat-Rolled, Grain-Oriented, Silicon-Iron, Electrical Steel 
  -Insulating Coatings for Electrical Steels 
  -Metal, Expanded, Steel 
  -Fastener Specifications 
  -Common Requirements For Steel and Alloy Castings 
  -Vinyl Coated Steel Wire & Welded Wire Fabric 
  -PVC and Other Conforming Organic Polymer-Coated Steel Tension Wire 
  -Aluminum-Coated Steel Sheet 
  -Terne Sheets Coated by the Hot-Dip Process 
  -Stainless Steel Plate, Sheet, and Strip 
  -Pressure Vessel Plates, Carbon Steel
  -Cold-Rolled Carbon Steel Strip

+

MEsteel visitors and members statistics

 
Month Unique Visitors
for the Month
Total Visitors
for the Month
Average Number
 of page Views
New MEsteel members
for the Month
Total MEsteel members
till month end
Apr 2004   61,846 175,131 19   95 1963

Find all details + daily new info for you on MEsteel

How MEsteel attracts more business for you?

MEsteel receives more visitors every month.
61.846 Unique Visitors came to MEsteel, in April 2004,
good for totally 175.000 visits.

More visitors, means more exposure for MEsteel Members.

Indeed,
all members are found on MEsteel,
by the products they buy / sell, by their activity, brand and company name.

All this for only 275 US$/year.
Can you think of a cheaper, better-focused, more efficient media anywhere?

Steel News In The Middle East

General News: SWITCHING STAINLESS GRADES FOR EXISTING PRODUCTS CAN BE A DIFFICULT TASK
2 June 2004
Saudi Arabia: Amiantit wins $21 M projects for supply of ductile iron pipes in UAE
2 June 2004
Iran: Private Sector Steel Production to Hit 1.5m Tons
1 June 2004
Saudi Arabia: AIC IS RISING HIGH
30 May 2004
UAE: Middle East Industries expansion of rebar production
30 May 2004
Pakistan: Al Tuwairqi signs MoU for steel billet plant
29 May 2004
Saudi Arabia: Sabic Metals announces a new steel rolling mill for long products
27 May 2004
Pakistan: Major duty cuts in Engineering, construction industries
26 May 2004
Iran: Imam Khomeini Port’s Special Steel Pier inaugurated
25 May 2004
UAE: Tinplate prices increase by 100 US$/t over past 2 months
25 May 2004
UAE: Thailand offering beams again to M.E.
25 May 2004
Iran: Import Tariffs on Beams and Iron Sheets Declined
25 May 2004
UAE: Belleli to build 13 storage tanks
24 May 2004
Kuwait: Unisteel to increase it's rebar production.
24 May 2004
UAE: GIC to launch $200 million CR Stainless Steel mill in UAE
24 May 2004 
Pakistan: 10.000t steel transmission towers job for PECO
20 May 2004 
Qatar: QASCO: Achievement of New Production Records in March 2004
18 May 2004 
Saudi Arabia: Zamil Steel has been awarded contract for Shoaiba Power Plant
17 May 2004
Saudi Arabia: Prepainted Steel Coils -Prices dive by more than 20%
17 May 2004
Qatar: Qatar Steel buys 3.5 million tons iron ore from Swedish firm
16 May 2004
Iran: Lorestan steel plant project receives 185-million-dollar fund
16 May 2004 
Egypt: Ezz produced 2.5 mio tons of steel rebars in 2003
10 May 2004   
Pakistan: Pakistan Steel may invite international tenders for capacity expansion
8 May 2004 
Iraq: Iraq Announces Procedure for Exporting Scrap Metal
2 May 2004
Syria: Hadeed Hama to increase production of steel billets and rebars in 2004
29 April 2004

Read these + many more Middle East steel articles on MEsteel news
or
Post your own company news

Steel Events coming up

( DISCOUNTED FEES for MEsteel Members!)

!!! BOOK NOW, TO PARTICIPATE IN S T E E L F A B !!!
15 pct discount for MEsteel Members


STEELFAB Machinery, equipment and consumables for the Steel Fabrication Industry
Sharjah, UAE
2004 October10 - October 12   

2nd China International Coking Technology & Coke Market Congress 2004
Beijing, China
2004 June22 - June23
US$ 1490.00  -   
!!! 10% DISCOUNT for MEsteel members !!!


Middle East Metal And Metallurgy Exhibition 2005
Dubai, UAE
2005 March 27 - March 29   
!!! 10% DISCOUNT for MEsteel members !!!


also

China International Steel Congress 2004
Shanghai Intl. Convention Center,  China
2004 June6 - June10

Metallurgy + Metal China 2004
2004 June8 - June11

3rd China Stainless Steel Markets Summit
Shanghai, China
2004 June10 - June11

2nd International Conference on the Thermomechanical Processing of Steels
Liège,  Belgium
2004 June15 - June17

International Conference "Intellect Business Metal"
Moscow, Russia
2004 June14 - June18

INTER BUILD - EGYPT
11th International Exhibition for Building & Construction  
2004 June17 - June21

BuildPakistan 2004
Karachi , Pakistan
2004 June22 - June25

International Symposium on Steel Bridges
Milau, France
2004 June23 - June25

Steel Risk Management 2004
London, United Kingdom
2004 June24 - June25

Steel &Metallurgy Exhibition
Guangzhou, China
2004 July22 - July25


and many other steel events, all to be found on MEsteel.com

Any bright ideas, on how to make MEsteel better for you?
E-mail us your comments to news@mesteel.com


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