Thursday, November 21, 2024
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    Egypt

    Ataqa’s net profit rises in Jan-Sep 2024

    Misr National Steel (Ataqa) reported an increase in net profit after tax to EGP 695.87 mln (USD 14 mln) in the first nine months...

    Ministry launches AD probe into CR and coated steel imports from Turkey & China

    The Egyptian Ministry of Investment and Foreign Trade has initiated an anti-dumping investigation into imports of cold-rolled and coated steel products from Turkey and...

    Knauf Egypt and Hassan Allam form strategic partnership

    Knauf Egypt, a leader in modern construction systems, has formed a strategic partnership with Hassan Allam Construction, one of the Middle East's largest construction...

    Rebar production and sales climb in Jan-Sep 2024 amid infrastructure growth

    Egypt's rebar production grew by 11.3pct YoY to 6.403 mln tons in the first nine months of 2024, according to a local news report. Rebar...

    Delta Steel to expand production capacity with Garawany Group investment

    Garawany Group's subsidiary, International Steel Industry, plans to invest EGP 5.5 bln (USD 113 mln) to upgrade and expand state-owned Delta Steel under a...

    Ezz Steel lowers rebar prices, first cut since April

    Ezz Steel, a leading Egyptian steel producer, has lowered its rebar prices for the domestic market. The company is now offering rebar at EGP 38,200...

    Steel exports decline in Jan-Jul 2024

    Egypt's iron and steel exports fell by 19pct YoY in January to July 2024, totaling USD 1.17 bln, down from USD 1.43 bln during...

    Haier launches second phase of eco-friendly complex in 10th of Ramadan City

    Chinese home appliances giant Haier Group laid the foundation stone for the second phase of its Haier eco-friendly complex located in 10th of Ramadan...

    Ezz Steel sees strong H1 2024 profit as exports and sales surge

    Ezz Steel, Egypt's leading steel producer, reported a profit in the first half of 2024, according to its financial statement. The company achieved a...

    Canada unveils final dumping margins for Egyptian wire rod exporters

    Canada has issued a final determination on the dumping of Egyptian wire rod, according to a notice from the Canada Border Services Agency (CBSA)....

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