Egypt’s steel production has slowed since the beginning of the year as a result of a foreign currency shortage and a decline in local demand.
25.06.2023
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News by
Ahram Online
El Garhy Steel has stopped production since the beginning of the current year due to the lack of the required materials.
14.06.2023
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News by
Zawya
Two Chinese companies presented an offer to the Egyptian government to launch a $300 million steel complex at the Suez Canal Economic Zone (SCZone).
27.05.2023
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News by
Ahram Online
This came in a report published by the Cabinet’s Information and Decision Support Center (IDSC) earlier in April.
25.04.2023
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News by
Egypt Independent
The Board of Directors of the Financial Regulatory Authority issued several regulatory decisions related to investment funds in minerals.
14.04.2023
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News by
Daily News Egypt
The report said Egypt has an ambitious target to increase mining exports to $10 billion by 2040.
05.04.2023
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News by
Ahram Online
In the first nine months (9M) of 2022, the EGX-listed company witnessed 52% YoY higher consolidated net profits.
05.04.2023
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News by
Zawya
Chinese company Xinxing Ductile Iron Pipes intends to invest $2 billion in iron and steel plants in the Suez Canal Economic Zone.
24.03.2023
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News by
Reuters
Egyptian Iron & Steel bought one million shares in Egytrans at an average price of $0.11 per share.
20.12.2022
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News by
Zawya
Al-Zaini revealed that the price of iron in Egypt for the consumer has reached about EGP 25 thousand per ton.
13.12.2022
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News by
See news
Egyptian exports in the first half of 2021 were topped by cast iron and iron and steel with an increase of 472.4% at a value of €145.3 million.
17.10.2021
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News by
Egypt Today
Despite benefiting from a domestic market buoyed by anti-dumping measures, Ezz Steel, has been immune to Egypt's high interests.
15.12.2017
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News by
Metal Bulletin
The extension means the tariffs will now remain valid until Dec 6.
27.09.2017
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News by
Ahram Online
The cost of Egyptian rebars has risen to 10,500-10,600 EGP per tonne from 9,000 pounds last month.
14.06.2017
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News by
Ahram Online
The decision is intended to protect the local industry from imported alternatives.
12.06.2017
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News by
Ahram Online
The decision is estimated to save the country $1.1 billion in foreign currency currently spent on importing billet and raise production and exports.
12.03.2016
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News by
Ahram Online
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.
22.08.2015
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News by
Ahram Online
Ezz Steel had reported a net profit of 527.89 million pounds in the previous year
04.06.2015
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News by
Ahram Online
Egypt's major steelmakers had petitioned the government to impose anti-dumping measures on rebar and wire rod imports.
20.04.2015
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News by
Reuters
Egypt increased its production by 8.7% in 2015.
24.03.2015
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News by
Business Day