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Egypt steel news

161 news items

Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.

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161 news items from Egypt. Show all

Al Ashry Steel plans IPO in H1 2027

Egypt Egypt

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…

Rerollers call for review of billet import duties

Egypt Egypt

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…

Zamil Steel supplies PEBs for high-speed rail depot

Egypt Egypt

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…

US imposes anti-dumping duties on Egyptian rebar

Egypt Egypt

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…

Premium Content Rebar prices hold steady as slow demand limits upside

Egypt Egypt

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…

ICON's H1 earnings decline despite higher revenues

Egypt Egypt

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…

ISMQ's profit falls in H1 2026

Egypt Egypt

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…

US finalizes duties on Egyptian rebar imports

Egypt Egypt

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…

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