Wednesday 1 April 2015
 
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Steel

Egypt steel group plans $200m investments

Solb Misr, a leading Egypt-based steel group, will invest around EGP1.6 billion ($200 million) in projects that it is currently developing, said the company chairman. The investment plan will last till 2017, Gamal El-Garhy, was qu

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Poor quality steel from China 'dumped in Saudi’

Chinese producers are supplying huge quantities of unsafe steel products to projects in Saudi Arabia due to lack of effective controls by the government, a report said. China’s exports of steel to Saudi Arabia amounted to ab

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EU to impose duties on China-Taiwan steel

The European Union (EU) will impose anti-dumping duties later this month on imports of stainless steel cold-rolled sheet from China and Taiwan, according to two sources familiar with a European Commission (EC) proposal. The EC pla

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Software AG to showcase top solutions at German IT expo

Software AG, a leader in enterprise management software, and its partners are set to show professionals how to bring IT out of the basement and make it their business with impressive use cases at an international computer expo. Th

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Use of polymer lining in carbon steel pipelines in focus

Swagelining Limited, Saudi Aramco and The Welding Institute (TWI) have launched a joint industry project to conduct investigations into the use of polymer lining in carbon steel pipelines. The project will examine the extent of co

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New process makes steel 10 times stronger

A US based company has developed a new process that can increase the strength of metals such as steel by as much as 10 times, and make them much more resistant to corrosion, a report said. If the modified metals pass field testing

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Iran eyes $2bn investment in seven steel projects

Iran has allotted an investment of over €2 billion ($2.263 billion) on seven new steel projects, said Mohammad Reza Nematzadeh, industries, mines and trade minister of Iran. Speaking at the the inaugural ceremony of the secon

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Posco to use new steel-making technology in Iran projects

South Korea-based Pohang Iron and Steel Company (Posco) is set to use Finex, its new steel-making technology, in projects in Iran, according to a report. The company had launched two large plant last year - a two million-tonne pla

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HFZA explores Indian steel sector

Sharjah’s Hamriyah Free Zone Authority (HFZA) recently participated in the biggest integrated stainless steel expo 'Indinox 2015' in Gandhinagar, Gujarat (India) to promote its services. Indinox is one of the most prestigi

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Major boost seen for UAE steel fabrication sector

The UAE’s move to provide a fresh momentum to economic diversification is set to give the steel fabrication and the metal working industry a big boost.   The country is targeting to double the contribution of the industr

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