RE: Steel Mills in MENA Region9 Jun 2025 11:15
Thanks StockCheque - great dd Re-posted (anyone considering selling anytime soon needs to read it)
Howard highlights the enormous potential demand for low-carbon hydrogen in this region:
Each ton of steel requires approximately 50 kilograms of hydrogen to be considered low carbon.
Each ton of cement requires about 15 kilograms of hydrogen to reduce carbon emissions.
With around 70 steel mills and 60 cement plants in Saudi Arabia and the UAE alone, the opportunity to deploy hydrogen production technology at scale is substantial. Moreover, these countries are incentivising green initiatives through government grants, subsidies, and streamlined permitting processes, making it easier and more attractive for companies to adopt new technologies.
https://www.share-talk.com/zak-mir-talks-to-howard-white-non-executive-chairman-of-hydrogen-utopia-intl/
The MENA region, with an annual steel production capacity of 70 million tonnes, has substantial growth potential driven by infrastructure expansion and economic diversification efforts.
The region is shifting towards more advanced steel production technologies, such as Electric Arc Furnace (EAF) operations, to meet increasing local demand and improve cost efficiency.
The transition to advanced steel production methods presents technical challenges and requires significant investment in workforce development.
Key Players in MENA Steel Production
The Middle East and North Africa (MENA) region holds a significant impact on the global economy and trade, thanks to its strategic geographical location and abundance of natural resources. Despite a moderate cumulative steel production capacity of 70 million tonnes annually as of 20231, the region represents one of the few areas with substantial steel production growth potentials. This growth is driven by infrastructure expansion and economic diversification initiatives aimed at reducing dependency on oil and gas.
Steel production in MENA is primarily concentrated in four countries, which collectively account for 70% of the region’s output. Iran, Egypt, Saudi Arabia, and the UAE producing a total of 50 million tonnes of crude steel in 20231. Relative to the world’s crude steel production (1.8 billion tonnes), this moderate capacity is forecast to have a positive future upward trend in steel production.
More info at https://www.steelhub.com/steel-production-mena-growth/
It is a fact that the cement industry of the MENA region has, for the most part, fairly recent origins, with some exceptions being small scale and limited productivity operations in countries such as Egypt, Morocco and Syria.
Since the mid-1970s, the cement industry across the Arab world began to expand as demand for construction and infrastructure in these countries grew. At present, the number of companies and factories in operation has reached 171, with 32 additional cement mills. Design capacity for the region has thus reached 355 million tpy.
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