Govt explores investment opportunities with Gonvarri Steel
Spanish steel processing company Gonvarri Steel Industries is exploring investment opportunities in Egypt, with potential projects spanning the automotive, renewable energy and steel structures...
ICON’s H1 earnings decline despite higher revenues
Egypt's Industrial Engineering Company for Construction and Development (ICON) reported a 12.91pct YoY decline in consolidated net profit attributable to the parent company in...
Local rebar mills cut output as weak demand squeezes margins – report
Egyptian steel mills are sharply reducing production as weak sales weigh on the domestic market, with some plants temporarily suspending operations, according to local...
ISMQ’s profit falls in H1 2026
Egypt's Iron and Steel for Mines and Quarries (ISMQ) reported a 42.9pct YoY decline in net profit after tax to EGP 398.3 mln (USD...
US finalizes duties on Egyptian rebar imports
The US Department of Commerce (DOC) has issued final affirmative determinations in its antidumping (AD) and countervailing duty (CVD) investigations covering imports of steel...