M.E. Steel News Today
Sunday, December 15, 2019

Linking Steel Sellers &
Buyers in Middle East


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New Info on MEsteel

Gulf Countries Imports & Exports (2014-2018)
Middle East Steel Prices

Turkey: Scrap prices surge on tight supply

Middle East Steel News

Turkey: Scrap prices surge on tight supply
Egypt: Ezz Dekheila completes acquisition of Ezz Rolling Mills in EGX
Libya: LISCO commissions new locally manufactured rolling mill
Saudi Arabia: Ministry issues 124 new industrial licenses October and November 2019
UAE: JIIC awards infrastructure works contract for Jubail Island project in Abu Dhabi

Global Steel News

China: Iron ore futures up on Friday amid demand prospects; steel futures drop
India: ArcelorMittal inches closer to Essar Steel acquisition
India: Ministry allocates coking coal mines to NMDC and RINL
Korea, South: US Department of Commerce lowers AD tariff on hot rolled steel imports from Hyundai
Russia: NLMK revamps blast furnace no. 6 to maximize operational efficiency
United States of America: US Steel to modernize slab caster at Gary Works
United States of America: ArcelorMittal Indiana faces lawsuit over environmental violation
Luxembourg: ArcelorMittal targets 30pct emissions cut at its EU plants by 2030


New (Renewed) Steel Companies on MEsteel
Company Country Steel tons handled per year (kt) Brief Description
UNIVERSAL TUBE AND PLASTIC INDUSTRIES LTD. U.A.E. 100-500 Manufacturer and Distributor of High Frequency Induction Welded Steel Pipes and Tubes.

Metal Prices 13-Dec-19

Product Cash 3 Mons.
Nickel 14.135 14.190
Tin 17.195 17.125
Zinc 2.278 2.276
Source: LME.co.uk

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