3rd MENA Billet & Steelmaking Raw Materials Conference

About the Conference

Metal Expert is pleased to invite market participants to the two-day conference to be held in Dubai, UAE on April 11-12, 2017.  


The region has shown signs of significant changes in square billet supply structure during the year.

The increase of domestic billet production after 18 months of stagnation has pushed demand for raw materials: DR-pellets, HBI and steel scrap.

Billet suppliers from China have been out of the MENA market in the second half of the year. But they will return as soon as demand from China’s construction sector for their products, which is mainly driven by the government stimulus, weakens.  

Egypt remains the second largest billet buyer in the region after Turkey. Egypt’s steel sector still highly depends on gas supply, but billet supplier should take account of cheap long products imports from Turkey to Egypt. 

Topics to be discussed  

• Is weakening of billet demand in the spot market of the Middle East a long-term trend?
• Egypt’s square billet market: trends and prospects.
• Possible return of Chinese billet suppliers to the Middle East in case of the global price correction for steel products.  
• Long steel import substitution by local products. 
• DR-pellet market situation amid growing steel production in the region.
• Prospects for DR-pellet exports from Iran.
• Role of scrap imports amid growing demand.
• Prospects for Middle East’s HBI imports from Venezuela and Malaysia.


1. Presentations from square billet suppliers  
2. Papers from HBI, iron ore, scrap suppliers about sales policy  
3. Reports of DRI producers and equipment suppliers on industrial trends
4. Papers of analysts about Middle East market outlook for 2017  
5. Discussion of square billet and raw materials market prospect

About square billet market  

The spot market of square billet in MENA in 2016 will grow by 1 million t to 13 million t compared to 2015, according to Metal Expert estimate.The CIS remains the largest supplier (5.5 million t), followed by China (4.1 million t). Other suppliers, including regional ones, account for over 3 million t.  

Main market participants: • Rajhi Steel Industries • EZZ Steel • Al-Yamamah Steel Industries • Egyptian Steel Group • Conares • Rak Steel • ISD • Metalloinvest • ArcelorMittal Kryvyi Rih • Khouzestan Steel Company • Jindal Shadeed Iron&Steel • Esfahan Steel Company • Arabian Gulf Steel Industries • Novorosmetall


• Billet producers from Ukraine, Russia, Iran, Oman, China  
• Major re-rollers from GCC
• Raw materials suppliers  
• Trading companies
• Analysts

Contact details:

Please contact Olesia Kosenko, Conference Director, for questions concerning speakership and sponsorship opportunities:

This email address is being protected from spambots. You need JavaScript enabled to view it.

This email address is being protected from spambots. You need JavaScript enabled to view it.

tel.: + 38 056 375-79-12

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Contrary to the expectations, the payment recently released from the Saudi Arabian government to construction companies had little impact on the segment, market players report. As a result, steel demand has not shown any signs of recovery yet. The upcoming payment in December, however, is forecast to have a positive effect on the steel industry.

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Despite oversupply in GCC and numerous delays in the project schedule Moon Iron & Steel Company (MISCO) will commence rebar production in 2018 aiming to substitute rebar imports in the region.

The new EAF steel complex being built in Sohar Industrial Estate will be capable of producing 1.2 million tpy of billet and 1.1 million tpy of 8-40 mm rebar, according to equipment supplier SMS Group. At the end of summer MISCO awarded a $230 million contract to the UAE's Shriram EPC FZE for the construction of the new mini-mill infrastructure, Metal Expert reported earlier.

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Saudi Arabia's Al-Qaryan Steel has entered the billet market despite overcapacity and weak demand in the finished products segment.

The new plant commissioned a 300,000 tpy meltshop for merchant billets in Dammam on October 25. Even though demand for semis in the Kingdom is low at the moment due to unfavourable situation in the longs segment the company has some benefits such as scrap availability as Al-Qaryan Steel is a subsidiary of a scrap recycling and trading company Al-Qaryan Group.