Tuesday, April 15, 2025
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Egypt

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...

Kandil Steel to expand production capacity

Kandil Steel, a leading flat steel manufacturer in the Middle East, is expanding its production capacity with significant factory upgrades. According to Egypt's State Information...

El Garhi Group sells 26.25pct stake in Ataqa to Al Organi

Egypt's El Garhi Group has agreed to sell a 26.25pct stake in Misr National Steel (Ataqa) to Al Organi Group, a diversified Egyptian conglomerate,...

El-Marakby Steel targets 10pct export growth in 2025

Egypt's El-Marakby Steel aims to increase its rebar exports by at least 10pct in 2025, targeting 140,000 tons compared to 120,000 tons worth USD...

British Steel supplies rails for Green Line railway project

Egypt has taken a significant step toward modernizing its rail infrastructure with the recent dispatch of British Steel-manufactured rails for the country's first fully...

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