Ataqa reports sharp drop in profit in 2025
Egyptian rebar manufacturer, Misr National Steel (Ataqa) reported a 94.68pct YoY decline in net profit in 2025, according to its financial results filed with...
Hassan Allam wins water transmission project in Al Sharqiyah North
Hassan Allam Holding announced that its subsidiary, Hassan Allam Construction, has been awarded a water transmission network project in Oman's Al Sharqiyah North Governorate...
Trade Remedies Sector submits injury findings in HR steel safeguard case
Egypt's Trade Remedies Sector at the Ministry of Investment and Foreign Trade has formally notified the World Trade Organization (WTO) of the findings underpinning...
Ezz Steel considers over USD 1 bln investment plan to boost capacity
Ezz Steel, Egypt's largest steelmaker, is considering investment projects of around USD 1.1 bln over the next two years to expand production capacity, despite...
US imposes countervailing duty on Egyptian rebar imports
The U.S. Department of Commerce has decided to impose a 29.51pct countervailing duty (CVD) on imports of steel reinforcing bars (rebar) from Egypt, citing...
