Steel News
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Egypt top African steel producer after SA output falls
Egypt increased its production by 8.7% in 2015.
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Ezz Steel posts Q3 loss of 285 mln Egyptian pounds
The losses of the biggest steel manufacturer have doubled since last year.
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Steel companies anxious about market fluctuations: Experts
Companies keep prices stable, waiting for economic improvements.
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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
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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Egypt needs anti-dumping duties if energy subsidies cut -steel firm
Energy subsidies are one of the most explosive issues facing Egypt's former army chief and almost-President Abdel Fattah al-Sisi.
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El Ezz Aldekhela Steel to join Dow Jones EGX Egypt Titans 20 Index
The Dow Jones EGX Egypt Titans 20 Index measures the stock performance of 20 leading companies traded on The Egyptian Exchange.
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Ezz Steel posts decrease in net profit for H1 2011
Egypt's largest steelmaker Ezz Steel Co. has announced its financial results for the first half of 2011.
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Ezz Leaves steel price unchanged after cut last month, Alam says
Ezz Steel (ESRS) has kept its price at 4,500 Egyptian pounds ($749 million) per ton of steel rebar this month.
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Our Booth in METAL & STEEL Exhibition
We took a place at METAL & STEEL 2011 exhibition which was held in Cairo from 28.Arpil till 30.April.2011.
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Ezz Steel Board Changes
Ezz Steel today announced that it has reorganized its Board of Directors and appointed Paul Chekaiban as Chairman and Managing Director.