Steel News
-
Egypt lowers gas prices to steel manufacturers by 36pct
The decision is estimated to save the country $1.1 billion in foreign currency currently spent on importing billet and raise production and exports.
-
Global Stainless Steel Plate (Volume) Industry 2015 Market Size Share Growth Forecast Research and Development
The Global Stainless Steel Plate (Volume) Industry report gives a comprehensive account of the Global Stainless Steel Plate (Volume) market.
-
Global Stainless Steel milk pan Industry 2015 Market Size Share Growth Forecast Research and Development
Global Stainless Steel milk pan Industry report gives a comprehensive account of the Global Stainless Steel milk pan market.
-
Global Stainless Steel Bottle Industry 2015 Market Size Share Growth Forecast Research and Development
The Global Stainless Steel Bottle Industry report gives a comprehensive account of the Global Stainless Steel Bottle market.
-
Egypt's Ezz Steel says output hit by forex shortages
Egypt's largest steel maker Ezz Steel's first-quarter net loss increased to 136 m Egyptian pounds from 19 m pounds in the same period last year.
-
Egypt's Ezz Steel reports 2014 net loss of $109.5 mln
Ezz Steel had reported a net profit of 527.89 million pounds in the previous year
-
Egypt to impose 8 pct import tariff on steel rebar
Egypt's major steelmakers had petitioned the government to impose anti-dumping measures on rebar and wire rod imports.
-
Egypt top African steel producer after SA output falls
Egypt increased its production by 8.7% in 2015.
-
Ezz Steel posts Q3 loss of 285 mln Egyptian pounds
The losses of the biggest steel manufacturer have doubled since last year.
-
Steel companies anxious about market fluctuations: Experts
Companies keep prices stable, waiting for economic improvements.
-
Suez Steel obtains final approval, records $100m in 2015 investments: Gamal Garhi
Government puts unfair pressure on investors, but Garhi optimistic about future in light of recent reforms
-
Subsidies and the Construction Industry
The Cement and Steel Industry are under threat due to the government’s plans to reduce subsidies on energy-consuming industries.
-
Egypt steel producers lower prices in November
Price cuts come after last month's introduction of temporary import tariffs to protect local steel makers from influx of cheaper steel from abroad.
-
Egypt imposes temporary tariffs to protect steel industry
The 7.3 percent tariffs will last for a maximum of 200 days, but could eventually be made permanent, the industry and trade ministry said.
-
Egypt's Ezz Steel posts first-half net loss of LE176 mln
Egypt's largest steelmaker blames disrupted availability of utilities for reduced output and margins in the first 6 months of 2014.
-
Egypt's Ezz Steel sees 110% y-o-y net profit drop in Q1
Company attributes losses of LE221 million to disruption in available utilities in Egypt, which caused a drop in production at its steel plants.
-
Egypt's steel rebars see price hikes in August
Retail prices of locally produced steel rebars have jumped to LE5,280 per tonne in August from LE5,065 in July.
-
Egypt's steel industry files anti-dumping claim against imports
Steelmakers have submitted a request for the government to re-introduce anti-dumping duties on imports of rebar and wire rod.
-
Egypt industry minister meets Ezz Steel, Beshay Steel and Suez Steel
Mounir Fakhry Abdel Nour met with the three largest companies producing iron and steel in Egypt, to discuss the repercussions of energy prices.
-
Egypt "urged" for duties on Turkish steel
Cuts to energy subsidies, which account for 13 percent of the state budget, are seen as necessary by leading business figures.