Rebar prices hold steady as slow demand limits upside
Egyptian rebar prices have remained broadly stable, with weak domestic demand and low trading activity limiting the scope for further increases despite higher production...
Zamil Steel completes pre-engineered building project in Turkey
Zamil Steel Egypt, a subsidiary of Saudi Arabia's Advanced Building Industries Company (SENAAT), has completed the design, supply and erection of more than 1,480...
Ministry receives applications for billet production licences
Egypt's Ministry of Industry has received 10 applications from local steel companies for eight billet production licences with a combined capacity of 2.8 mln...
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...