Metal Bulletin, organizers of,
the 8th Middle East Iron and Steel Conference
at Shangri-La Hotel, Dubai
13-15 December 200
Don't forget !
MEsteel members enjoy 10 PERCENT REDUCTION to participate in this seminar,
which will bring together the major players in the Middle East Steel industry.
Click to get your 10 percent discount while registering for this event,
In MEsteel's October 2004 News Letter:
- Steel News In The Middle East.
- MEsteel : 85 New Members
- Steel
Figures for September 2004
- Steel Market Overview and Prices.
- Steel Events - Discounts for MEsteel
members
- MEsteel, Your most efficient presence on the Internet
Steel News In The Middle East
Iran: Khuzestan Steel Company to boost production capacity
Saudi Arabia: Techint receives walking beam furnace order from Hadeed
Pakistan: Pakistan’s steel imports overshooting all projections
Turkey: Borusan Mannesmann wins $53 million pipe contract in Middle East…
Iran: Steel output up 11.3% in March-October 2004
Turkey: DOC’s Final Determination on Steel Rebar from Turkey Announced
UAE: Qasco Dubai plans to expand steel bar mill by 250KT
Iran: Major iron ore reserves discovered
Saudi Arabia: SMS Demag to supply new finishing stand for Hadeed HR Steel
Strip line
Saudi Arabia: Hadeed to install new DR plant and steelworks
Turkey: Turkey exported 150’592 mts of finished steel to the US in September
Saudi Arabia: Sabic increasing steel production to 5.5 million tons
Iran: Iran exports over 900,000 tons of steel products over 6 months
Turkey: New 500,000-tpy bar, rod and spooled bar-in-coil mill for Kroman Çelik
Sanayii
Full stories + many more
Middle East steel articles on MEsteel news
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85 New MEsteel Members in September 2004
Use MEsteel to Expand your Business!
85 new steel related companies, joined MEsteel in September 2004,
totaling 2.410 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!
Bahrain
AIRMECH LEFEBVRE WLL
GULF SEA TRADING
Belgium
IQAP FRAIJ & PARTNERS CO. REPRESENTATIVE
China
XIANG YUN TECHNOLOGY
Cyprus
THE NEW GENERATION STEEL
Egypt
ARABI FOR STEEL & COILS
FIRST INTERNATIONAL TRADE CO. ( FIT.CO.)
GAZELLE TRADE
HANDSCRAFT
INTERNATIONAL COMPANY FOR BOILERS AND STEEL FABRICATION
NATIONAL PORT SAID STEEL
TALENT ENGINEERING GROUP
India
AMMAN STEEL CORPORATION
ORIND EXPORTS LIMITED
Iran
(TEHRAN) PERSIAN STEEL LLC,
ALAM TRADE INTERNATIONAL LTD
BK STEEL, INC.
KEIVANDAVAMI
LEILABADI TRADING
MAHDI FACTORIES
NOBARAN
PARADISE TRADING CO.
RMEICGROUP
TAJHIZ SAZAN FARAFAN
Iraq
ALABNIA
ALBASHEER GEN. CONTRACTING COLTD
ALSAFFAR GROUP CO. LTD.
HEAVY ENGINEERING EQUIPMENT STATE COMPANY
HUSSAIN TRADING COMPANY LIMITED
KARIN INDUSTRIES GROUP
NABEEL CONTRACTING BUREAU
SUSE GROUP FOR INDUSTRIAL INTERNATIONAL TRADING
Jordan
KHALIFEH GROUP FOR ADVANCED INDUSTRIES
NATIONAL SHIPPING SERVICES CO.
PREFABRICATED BUILDINGS COMPANY
UNIQUE FOR ENGINEERING & DEVELOPMENT
Lebanon
LEEDS INTERNATIONAL
Pakistan
AYAZ CORPORATION
KARACHI SHIPYARD & ENGINEERING WORKS LTD
MADINA STEEL SHEET
MEHBOOB TUBE MILLS
RASTGAR ENGINEERING COMPANY PVT LTD
WAK LIMITED
ZEESHAN TRADING
Saudi Arabia
AL-DAYL EST
AL-MUHAIDIB TECHNICAL SUPPLIES
FAISAL AL-SUWAIKET
MANSOUR STAINLESS STEEL FABRICATORS
Switzerland
HUDSON CORPORATION AG
Syria
INTERNATIONAL TECHNICAL ELECTRONIC GROUP
SYRIAN ARAB REPUBLIC MINISTRY OF DEFENCE
Turkey
AYATA METAL ENDüSTRI SAN.TIC.A.S.
CAYIROVA DEMIR CELIK AS
GEDIK WELDING
GEMS DC MOTOR
KOZMAKSAN HYDRAULIC PUMPS & POWER TAKE-OFFS MANUFACTURING LTD.CO.
U.A.E.
AL AYAT TRADING COMPANY
AL HAMID FURNITURE AND DECOR
AL HASOUN ARABIAN GROUP
AL UROOJ BUILDING MATERIALS
ALJABRIA METALS TRDG LLC
ARABIAN INDUSTRIAL GASES COMPANY
AUGUST GENERAL TRADERS LLC
DOLPHIN HEAT TRANSFER LLC
DUBAI DRYDOCKS
DUBAI METALS & COMMODITIES CENTRE
ENDURIS GLOBAL TRADING
EYEON
FAREASTG
GULF BUSINESS CONCEPTS TRADING LLC
HEXAGON TRADING
INTERNATIONAL METAL TRADERS
KARISH LUMBER INTERNATIONAL CO. LLV
LASANI LTD.
MERBEH ALUMINIUM
MITRAS INTERNATIONAL
PETROTECH ENTERPRISES
SAFARI METAL TRADING LLC
SHADRAVAN TRADING LLC
SUNDIP TRADING EST
SUPER TRADERS LLC
TECH INTERNATIONAL L.L.C.
United Kingdom
MASTEEL UK LIMITED
PEDDINGHAUS CORP. U.K. LTD
Yemen
BERLIN TRADING & AGENCIES
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Steel Figures for September 2004
World crude steel production stood at 763.0 million metric tonnes
(mmt) for the first nine months of 2004. This is 8.7% higher than for the same
period of 2003.
Crude steel production in the United States reached 7.8 mmt in September, a
rise of 6.9% compared to September 2003.
China produced 23.8 mmt of crude steel in September. This represents a rise of
24.1% compared to September 2003.
YTD Chinese production stands at 194.2 mmt, 21.6% higher than for the first
nine months of 2003.
Production for the 25 countries in the European Union is up 5.1% compared to
September 2003.
YTD production has increased by 5.5% to 144.5 mmt. Germany produced 3.9 mmt of
crude steel in September, a rise of 7.4% compared to the same month in 2003.
Crude steel production in the CIS region stands at 83.8 mmt YTD. This
represents an increase of 5.8% compared to the first nine months of 2003.
Production in Russia stood at 5.5 mmt in September, a rise of 7.3% on the same
month in 2003. Production in the Ukraine reached 3.3 mmt in September, a rise
of 11.8% on September 2003.
Monthly crude steel production in M.E. countries, in thousands of metric tons.
| Sep 2004 | Jan to Sep '04 x1.000t |
Difference in percent first 9 months 2003 <-> 2004 |
|
| Algeria | 79 | 806 | - 0.1 |
| Egypt | 400 | 3539 | 6.5 |
| Libya | 99 | 730 | -7.1 |
| Tunisia | 5 | 48 | -32.3 |
| Iran | 744 | 6366 | 8.0 |
| Qatar | 85 | 813 | 2.3 |
| S.Arabia | 317 | 2.863 | -4.2 |
| Turkey | 1766 | 15385 | 12.9 |
Steel Market Overview and
Prices
Flat Products:
In the US, real consumption remains healthy, but distributors' inventories are
high.
Service centers, concerned at holding such expensive stocks, are buying more
cautiously. Certainly, all speculative purchasing has ceased.
Canadian activity is subdued. Tonnages arriving from South America, Egypt,
Turkey, Taiwan and Russia at values about 10 percent under Canadian mill
prices, brought prices down.
Chinese traders are still loathe to place orders with overseas suppliers
without careful consideration because international prices are so much higher
than those in the domestic market. For the same reason, export volumes are
increasing rapidly.
On the other hand, the Japanese local market is quite strong.
Demand from South Korean machinery manufacturers, electric home appliance
makers and auto producers is predicted to rise in the fourth quarter.
EU strip producers have pushed through their period four price proposals.
and are considering to raise prices in the first quarter 2005 by 3 to 7
percent.
Ukrainian HR Coils are sold at $470-490/t fob Black Sea while
Russian HRC for December is sold at $525-550/t fob Black Sea.
Ukrainian Steel Plate prices hold at 610 US$/t cfr levels
Long Products:
The commercial construction market is weak in the US. Canadian building
activity continues to slow.
In China, investments in real estate continue to slow down.
The outlook in Japan is optimistic - October/December is traditionally the
best quarter for demand from civil works projects.
Prices have moved up in several EU countries this month.
They are expected to increase further as European scrap charges are on the
rise again.
Sluggish demand of billets in the far East, caused prices to go down to around
370-380US$/t cfr Far Eastern Ports.
Rebars prices moved down accordingly.
While beam prices eased only slightly, JIS beams came down sharply to around
540 US$/T, due to pressure of Chinese export offers.
Check monthly Middle East price indications per product type, news on steel
prices and price graphs
Steel Events coming up
SAVE MONEY with MEsteel
on Steel Events, News, Software, Literature and Projects info.
Get your DISCOUNTED RATES on following Events...
(for MEsteel members only)
1/ 2004 December1 - December3
Steel Success Strategies - Europe
Will 2005 be a continuation of "good times" for the steel mills, or will the
price spikes of 2004 create big problems for the mills - including excess
supply, lower demand and steel pricing "death spirals"?
2/
" 8th Middle East Iron and Steel Conference "
(organized by Metal Bulletin)
Dubai , UAE, 13- 15 December 2004
This conference will give insight of the prospects for demand, supply, and
future prospects in the Middle East.
Network with the top players in the Middle East and International Steel
Industry at this seminar.
10% Discount for MEsteel members again.
Other events to come...
2004
November24
-
November25
The Annual Steel Construction Conference 2004
The inaugural networking event for the Middle East steel industry. Supported
by the Big 5 Exhibition
2004
November27
-
November30
ArabCast 2004 - 5th Arab Foundry Symposium
Symposium aims at following the recent development in metal casting, high
quality castings and discuss the status of foundry industries in Arab
foundries and the possibilities of cooperation and integration with other
countries
2004
December15
-
December19
Sudan Build 2004
International Construction Technologies & Building Materials Fair Sudan Build
2004 will take place within 4 halls and on a total area of 10.000 sqm.
Contact: ahmetyasar@forumfuar.com
Find details on these and
many other steel events
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8th Middle East Iron and Steel Conference
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13-15 December 2004
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Metal Bulletin, organizers of,
the 8th Middle East Iron and Steel Conference
at Shangri-La Hotel, Dubai
13-15 December 2004
Don't forget !
MEsteel members enjoy 10 PERCENT REDUCTION to participate in this seminar,
which will bring together the major players in the Middle East Steel industry.
Click below to get your 10 percent discount while registering for this event,