Local rebar mills cut output as weak demand squeezes margins – report
Egyptian steel mills are sharply reducing production as weak sales weigh on the domestic market, with some plants temporarily suspending operations, according to local...
ISMQ’s profit falls in H1 2026
Egypt's Iron and Steel for Mines and Quarries (ISMQ) reported a 42.9pct YoY decline in net profit after tax to EGP 398.3 mln (USD...
US finalizes duties on Egyptian rebar imports
The US Department of Commerce (DOC) has issued final affirmative determinations in its antidumping (AD) and countervailing duty (CVD) investigations covering imports of steel...
IDA launches billet production licences tender to expand domestic steelmaking capacity
Egypt's Industrial Development Authority (IDA) has launched a tender for eight new licences to produce continuous cast billets, with a combined capacity of 2.8...
Govt plans to boost local automotive steel supply
Egypt is seeking to increase the use of locally produced steel in its automotive industry as part of wider plans to deepen vehicle manufacturing...
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