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161 news items from Egypt. Show all
Egypt has signed a USD 140 mln long-term syndicated financing agreement for the first phase of a metallic silicon and derivatives complex planned for the industrial zone in New Alamein, according to the Ministry of…
Egyptian steelmaker Elmarakby Steel plans to invest EGP 1 bln (USD 21.15 mln) to expand its product portfolio, according to local media reports. The investment will fund a new plant in the industrial zone of New October…
The Ministry of Industry has announced a new package of investment incentives aimed at encouraging the establishment of factories producing cold-rolled, galvanized, and pre-painted steel products. In a statement, the…
Egypt's Trade Remedies Sector of the Ministry of Investment and Foreign Trade held a hearing as part of its investigation into potential safeguard measures on imports of cold-rolled, galvanized, and pre-painted steel…
Egyptian Customs Authority has extended the export duty on scrap and waste of stainless steel alloys classified under tariff heading 7204.21, according to an official decision. Under the measure, an export duty of EGP…
Egyptian steel producer Ashry Steel has expanded its product portfolio with the launch of a new high-strength rebar grade, the company said in a statement. The newly introduced B420 DWR rebar offers higher load-bearing…
Hassan Allam Construction, a subsidiary of Hassan Allam Holding, has secured a USD 250 mln contract to build the African Export-Import Bank's (Afreximbank) African Trade Centre and new global headquarters in Egypt's New…
Misr National Steel (Ataqa) reported a net profit of EGP 78.98 mln (USD 1.65 mln) for Q3 2025, down from EGP 160.42 mln in the same quarter last year, according to its financial results. Despite the profit decline…
Ezz Steel, one of Egypt's largest steel producers, has offered an EGP 4,000 (USD 84) per-ton discount on November rebar deliveries, its first price adjustment after nearly a year of holding official prices steady. The…
El Marakby for Metallic Industries (MKM), a subsidiary company of El Marakby Steel, has awarded Danieli Centro Combustion India a contract to supply a 60-tph pusher-type reheating furnace for its rolling mill in the 6th…
Egyptian Steel plans to launch a new investment program worth nearly EGP 2 bln (USD 42 mln) within the next 18 months, beginning early next year, according to Abdel Fattah Siam, general manager of the company's…
Egypt's Iron & Steel for Mines & Quarries (ISMQ) posted a sharp rise in earnings for the first quarter of FY26, driven by higher revenues. The company's net profit surged to EGP 80.49 mln (USD 1.69 mln), up from EGP…
Egypt's Trade Remedies Sector, part of the Ministry of Investment and Foreign Trade, has extended its antidumping investigation into imports of cold-rolled, galvanized, and pre-painted steel from Turkey and China for an…
Egypt's Trade Remedies Sector at the Ministry of Investment and Foreign Trade has held a public hearing for stakeholders as part of its investigation into safeguard measures on hot-rolled steel flat imports. The session…
Egypt's Ministry of Industry has announced a package of incentives to attract investment in cold-rolled, galvanized, and color-coated steel production. The measures aim to strengthen the country's industrial base…
El Marakby Steel, one of Egypt's leading steel producers, has reported its carbon emissions under the European Union's Carbon Border Adjustment Mechanism (CBAM) for the first and second quarters of 2025. The company…
The Egyptian Ministry of Investment and Foreign Trade has announced provisional safeguard duties on flat steel products, according to two WTO notifications. For hot-rolled flat steel, the Ministry proposed a 13.6pct…
The Egyptian Ministry of Investment and Foreign Trade has notified the WTO of a proposal to impose a provisional safeguard duty on billet imports. According to the Ministry's Trade Remedies Sector (TRS), the duty would…
Misr National Steel (Ataqa) posted a net profit of EGP 62.33 mln (USD 1.28 mln) in the first half of 2025, reversing a net loss of EGP 41.66 mln in the same period last year, according to its financial results. Sales…
Egypt's Misr National Steel (Ataqa) has applied to the General Authority for Industrial Development for a license to build a billet production facility, the company said in a stock exchange filing. Ataqa submitted its…
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