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    Egypt

    Ministry launches safeguard investigation into HR steel imports

    The Egyptian Ministry of Investment and Foreign Trade has launched a safeguard investigation into imports of hot-rolled steel products, according to a notification from...

    Xinfeng breaks ground on USD 1.65 bln steel complex in Sokhna

    The Chairman of the General Authority for the Suez Canal Economic Zone (SCZone), Waleid Gamal El-Dein, has laid the foundation stone for Chinese company...

    Massoud Steel to build metal packaging factory in Sokhna Industrial Zone

    Local manufacturer Massoud Steel has signed an agreement to establish a metal packaging factory in the Sokhna Industrial Zone, with a total investment of...

    Arkan Palm signs contract to build EBank HQ in Sheikh Zayed

    Arkan Palm for Real Estate Development, a subsidiary of Badr El-Din Group, has signed a contract with the Export Development Bank of Egypt (EBank)...

    Ezz Steel keeps rebar prices flat

    Ezz Steel, one of Egypt's leading steel producers, has maintained its rebar prices unchanged for the seventh consecutive month. The price remains at EGP 38,200...

    Govt approves Alstom’s railway manufacturing project in Alexandria

    Egypt's ministerial group for industrial development, led by the Prime Minister, has approved a USD 86 mln railway manufacturing complex by French rolling stock...

    SCZone partners with Chinese firm to develop steel and downstream manufacturing hub

    The General Authority of the Suez Canal Economic Zone (SCZone) has signed an agreement with XinFeng Egypt to establish an integrated manufacturing complex in...

    Steel exports decline in 2024 following rising trade barriers

    Egypt's steel exports fell 4pct YoY in 2024 to USD 2.3 bln, according to the Export Council for Building Materials. The decline is driven...

    Ezz Steel delists from Egyptian Stock Exchange

    Ezz Steel announced that its shares have been delisted from the Egyptian Stock Exchange (EGX) as of March 13, 2025. In response, the company...

    Ezz Steel to challenge EU’s AD tariffs on hot-rolled steel

    The European Commission (EC) has released its preliminary findings on the anti-dumping investigation into hot-rolled flat steel imports from Egypt, India, Japan, and Vietnam. As...

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