Hassan El Rammal

Suez

Ezz Steel in talks to set up an industrial base in Algeria

The steel giant’s pivot allows it to secure a low-cost green energy base with easy access to EU export markets.

Egypt imported some 4.7% of the world’s traded billets in 2024, amounting to some 2.6 mn tons.

Currently, 26 steel plants face billet shortages, with only six noting sufficient feedstock input.

Egypt may amend its safeguard measures on hot-rolled coil imports announced in September 2025 for 200 days.

The project is also expected to create 100k jobs, 15k of which will be direct jobs.

Steel Events

MACTECH 17.12.2026

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