Egyptian steelmaker Al Ashry Steel Group plans to offer 20-30pct of its shares on the Egyptian Exchange in the first half of 2027 as part of efforts to diversify financing sources and support expansion plans, chairman…
Egypt's Elsewedy Electric Infrastructure has fabricated and supplied steel structures for two steam boilers at the greenfield Ceyhan PDH-PP petrochemical and polypropylene project in Adana, Turkey. The work, carried out…
Egyptian rerolling mills are calling for a review of duties on billet imports, with industry representatives arguing that the measures have contributed to higher steel prices and forced some rerollers to halt…
Egypt's Ministry of Industry has signed a memorandum of understanding (MoU) with Finnish mining technology company Metso to provide technical and operational support for mineral processing and extraction, focusing on…
The US Department of Commerce has issued a countervailing duty (CVD) order on rebar imports from Egypt, with a 23.27 pct net countervailable subsidy rate applied to the Ezz Group and all other Egyptian exporters. The…
Egyptian rebar prices are set to rise in October, with local media and market sources reporting that Ezz Steel and other major producers plan to increase domestic prices from October 1, following several months of…
Egyptian steel re-roller Metad Helwan for Metal Rolling plans to list a 15-30pct stake on the Egyptian Exchange (EGX) in the second half of 2027, with the company targeting proceeds of around EGP 1 bln (USD 19.45 mln)…
Zamil Steel Egypt, a subsidiary of Saudi Arabia's Advanced Building Industries Company (SENAAT), has supplied and erected more than 10,000 tons of structural steel and pre-engineered buildings for a maintenance depot…
Ezz Steel has selected Danieli Automation to supply a new extended Manufacturing Execution System (MES) for its Ezz Flat Steel plant in Ain Sokhna, Egypt, as part of the company's digital transformation strategy. The…
The US Department of Commerce has issued anti-dumping duty orders on steel concrete reinforcing bar (rebar) from Egypt, Bulgaria and Vietnam, following affirmative final determinations by Commerce and the US…
Egyptian rebar prices have remained broadly stable, with weak domestic demand and low trading activity limiting the scope for further increases despite higher production costs. Ezz Steel continues to set the benchmark…
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 tons of pre-engineered buildings for a new Hayat…
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 tons per year, according to local media reports. The…
Spanish steel processing company Gonvarri Steel Industries is exploring investment opportunities in Egypt, with potential projects spanning the automotive, renewable energy and steel structures sectors, the Egyptian…
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 the first half of 2026, despite higher…
Egyptian steel mills are sharply reducing production as weak sales weigh on the domestic market, with some plants temporarily suspending operations, according to local media reports. Hassan El-Marakby, chairman of El…
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 7.9 mln) in H1 2026, from EGP 698.0 mln (USD 13.9 mln) a year earlier. The company's…
The US Department of Commerce (DOC) has issued final affirmative determinations in its antidumping (AD) and countervailing duty (CVD) investigations covering imports of steel rebar from Egypt. In the AD investigation…
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 mln tons per year, as part of efforts to increase domestic…
Egypt is seeking to increase the use of locally produced steel in its automotive industry as part of wider plans to deepen vehicle manufacturing and reduce dependence on imported components, according to local media…