Steel

Steel price rises in Egypt over November, December

Wed, 30 Dec 2020 - 11:29 GMT

The price increased gradually by around LE2,500 as the value of raw material has moved upward globally.

Egypt's BOP declines by 8.6% in June 2020 compared to same month of 2019

Fri, 11 Sep 2020 - 11:56 GMT

The June BOP became $3.3 billion instead of $3.61 billion.

Egyptian steel, iron, cement exports decline 41.4% in 5 months

Mon, 29 Jun 2020 - 12:01 GMT

The report showed that 64.6 percent of these exports went to Saudi Arabia, Libya, Spain, Kenya, Italy, Sudan, the Netherlands, and the US at a value of $164 million.

China steel raw materials drop on demand woes

Wed, 19 Dec 2018 - 09:31 GMT

The most-active rebar contract on the Shanghai Futures Exchange was up 0.2 percent at 3,425 yuan a tonne. Hot rolled coil rose 0.5 percent to 3,448 yuan.

Delta Steel Mill under development to up production 5 to 10 times

Mon, 10 Dec 2018 - 02:21 GMT

The ministry said recent statements by Public Enterprise Minister Hesham Tawfik where he was quoted as saying that the "steel industry is not strategic" were taken out of context.

Mexican, Canadian steel lobbies urge fix to U.S. tariff dispute

Tue, 02 Oct 2018 - 10:10 GMT

Mexico and Canada on Tuesday urged their governments to resolve a tariff dispute with the United States before signing a new trilateral trade deal.

Trump allows targeted relief on steel, aluminum quotas: Commerce Department

Thu, 30 Aug 2018 - 08:11 GMT

Trump, citing national security concerns, placed tariffs of 25 percent on steel imports and 10 percent on aluminum imports.

Trump backs boycott of Harley Davidson in steel tariff dispute

Mon, 13 Aug 2018 - 08:57 GMT

Trump has criticized Harley Davidson, calling for higher, targeted taxes and threatening to lure foreign producers to the United States to increase competition.

China steel exporters delay shipments, giving space to rivals

Wed, 25 Jul 2018 - 09:03 GMT

China has for decades given tax rebates to exporters selling value-added steel, allowing them to undercut competitors.

EU to launch safeguards to curb steel imports on Thursday

Wed, 18 Jul 2018 - 09:08 GMT

The European Commission has proposed a combination of a quota and a tariff to counter EU concerns that steel products no longer imported into the United States would instead flood European markets.

US metal manufacturers mobilize against Trump tariffs

Sun, 01 Jul 2018 - 09:17 GMT

Feeling the pinch from President Donald Trump's protectionist trade policies, the American metal industry has rallied its forces to plead for changes.

U.S. oil pipeline companies, producers seek relief from steel tariffs

Tue, 19 Jun 2018 - 08:18 GMT

Oil and gas producer Hess cited safety concerns in a request to use Japanese pipe for its Stampede offshore project in the U.S. Gulf of Mexico.

U.S. allies hit back at Washington's steel, aluminum tariffs

Fri, 01 Jun 2018 - 12:20 GMT

Canada and Mexico retaliated against the United State's decision on Thursday to impose tariffs on steel and aluminum imports.

EU says Trump tariff uncertainty is hitting business

Tue, 01 May 2018 - 08:32 GMT

The European Commission said on Tuesday that U.S. President Trump’s decision to postpone tariffs the imposition on the EU prolonged business uncertainty.

Germany wants permanent U.S. tariffs exemption, deeper trade ties

Tue, 01 May 2018 - 08:23 GMT

Germany has taken note of U.S. President Trump’s decision to postpone the imposition of steel and aluminum tariffs on the EU.

U.S. stock futures edge up as Washington extends tariff exemptions

Tue, 01 May 2018 - 08:09 GMT

U.S. stock edged up and Australian shares hit seven-week highs on Tuesday after the U.S. postponed the imposition of steel tariffs.

U.S. stock futures edge up as Washington extends tariff exemptions

Tue, 01 May 2018 - 08:09 GMT

U.S. stock edged up and Australian shares hit seven-week highs on Tuesday after the U.S. postponed the imposition of steel tariffs.

70% of steel, cement factories’ production goes to mega projects

Wed, 25 Apr 2018 - 05:42 GMT

The projects have helped many factories to continue operating.

US Fed: Prospect of trade war poses 'downside risks' to economy

Wed, 11 Apr 2018 - 10:10 GMT

The prospect of a trade war poses "downside risks" to the US economy, which otherwise is poised to grow at a solid pace.

China March factory growth stronger than expected: official PMI

Sat, 31 Mar 2018 - 09:55 GMT

Growth in China’s manufacturing sector picked up more than expected in March.

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