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161 news items from Egypt. Show all
Egypt's Ezz Steel has maintained rebar prices unchanged in the domestic market despite the recent increase in gas tariffs. The company kept its rebar price at EGP 39,850 (USD 741) per ton EXW, inclusive of 14pct VAT…
Egypt has increased natural gas prices for several energy-intensive industries effective May, according to a prime ministerial decree, as the country faces rising energy import costs. Under the new pricing, gas rates…
Egypt-based Suez Steel has obtained certification from TUV Rheinland for the production and marketing of railway rails, marking a first for the country's steel sector. The certification covers EC verification…
The General Authority for the Suez Canal Economic Zone (SCZONE) has signed a USD 2 mln agreement with Turkish-Egyptian alliance Sai Hydraulic to establish a trailer manufacturing plant in the Ain Sokhna Integrated…
Egypt's Ezz Steel has increased rebar prices in the domestic market, reflecting rising costs and policy-driven supply constraints. The company raised its rebar offer to EGP 39,850 (USD 769) per ton EXW, up from EGP…
Suez Steel has reported improved energy efficiency at its direct reduction plant (DRP) based on ENERGIRON Zero-Reformer (ZR) technology, achieving high metallization rates with direct hot charging to the meltshop. The…
Egypt's Ezz Steel has submitted a detailed proposal to establish a direct reduced iron (DRI) production project in Algeria, aiming to expand its regional footprint in the steel industry. The Algerian Investment…
Egypt is reviewing a proposal by China's Henan Zhongfu Industrial to establish a USD 2 bln aluminium manufacturing complex in the Suez Canal Economic Zone (SCZone). The project, discussed during a meeting with Prime…
Egyptian long steel producer EZDK has completed a performance evaluation of Danieli shear blades installed at Shear #7 of its wire rod mill, reporting improved productivity and longer service life compared with…
Egypt's Ministry of Investment and Foreign Trade has concluded its anti-dumping investigation into imports of cold-rolled, galvanized and pre-painted steel sheets from China and Turkey without imposing duties. The…
Egypt's Ministry of Investment and Foreign Trade has imposed a definitive safeguard duty on billet imports to protect the domestic steel industry. According to the Trade Remedies Sector (TRS), the duty will be set at…
Egypt's Minister of Industry, Khaled Hashem, held discussions with a delegation from China Baowu Steel Group on expanding cooperation and potential investments in the iron and steel sector. The meeting, attended by…
Egypt's Trade Remedies Sector at the Ministry of Investment and Foreign Trade has determined that increased imports of certain flat steel products have caused serious injury to the domestic industry, according to a…
Egyptian rebar manufacturer, Misr National Steel (Ataqa) reported a 94.68pct YoY decline in net profit in 2025, according to its financial results filed with the Egyptian Exchange (EGX). The company posted a net profit…
Hassan Allam Holding announced that its subsidiary, Hassan Allam Construction, has been awarded a water transmission network project in Oman's Al Sharqiyah North Governorate for Oman Water & Wastewater Services Company…
Egypt's Trade Remedies Sector at the Ministry of Investment and Foreign Trade has formally notified the World Trade Organization (WTO) of the findings underpinning its safeguard action on hot-rolled flat steel…
Ezz Steel, Egypt's largest steelmaker, is considering investment projects of around USD 1.1 bln over the next two years to expand production capacity, despite headwinds from global protectionist measures, its chief…
The U.S. Department of Commerce has decided to impose a 29.51pct countervailing duty (CVD) on imports of steel reinforcing bars (rebar) from Egypt, citing preliminary findings that Egyptian producers and exporters…
India's Jai Dadi Group plans to invest USD 16 mln to develop a ferro-alloys project in East Ismailia, Sinai, within the Suez Canal Economic Zone (SCZONE), the authority said. The investment agreement for the Nile Ferro…
The value of Egypt's iron and steel exports declined 18pct YoY to USD 1.71 bln in the first eleven months of 2025, despite shipments reaching 87 countries, according to the Export Council for Building Materials. Turkey…
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