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161 news items from Egypt. Show all
Ezz Steel, one of Egypt's leading steel producers, has kept its rebar prices unchanged for the eight consecutive month. The company's rebar price remains at EGP 38,200 (USD 788) per ton EXW, inclusive of 14pct VAT. Ezz…
Egypt's Minister of Industry and Transport, Kamel Al-Wazir, met with leading steel producers to advance plans for localizing automotive steel, a key part of the country's broader strategy to deepen local manufacturing…
The European Commission has reduced the anti-dumping duty on hot-rolled flat steel imports from Egypt's Ezz Steel to 11.7pct, down from the previously imposed provisional rate of 12.8pct, according to an official…
Egypt's state-owned Arab Organization for Industrialization (AOI) has inaugurated a new production line for high and ultra-high voltage electricity towers at its aircraft factory, aiming to localize technology and…
Ashry Steel Group plans to establish Egypt's first factory for manufacturing high-speed train wheels in Sadat City, aligning with the government's push to localize heavy industries and cut imports, local media reported…
Ezz Steel, one of Egypt's leading steel producers, has maintained its rebar prices unchanged for July, extending its streak of price stability to nine consecutive months. The current price remains at EGP 38,200 (USD…
DP World Egypt has received the country's largest-ever iron ore shipment at its Ain Sokhna Port, underlining the port's growing capacity to handle diverse vessel types and support Egypt's trade, energy, and tourism…
The U.S. International Trade Commission (USITC) has launched a preliminary anti-dumping and countervailing duty (AD/CVD) investigation into imports of rebar from Egypt, Algeria, Bulgaria, and Vietnam. The probe follows…
Ashry Steel Group is set to invest more than EUR 600 mln (USD 685 mln) in a new seamless stainless steel pipe factory, following the recent approval of its production license and formal accreditation from the Egyptian…
Ezz Steel, one of Egypt's leading steel producers, has maintained its rebar prices unchanged for June, marking the eighth consecutive month of price stability. The current price stands at EGP 38,200 (USD 768) per ton…
Egypt is considering imposing anti-dumping duties on hot-rolled steel imports amid rising pressure on local producers, who are struggling to compete with cheaper, lower-quality foreign steel. The move follows a decline…
AD Ports Group, a global leader in trade, transport, and logistics, has signed a 50-year renewable usufruct agreement with Egypt's General Authority for the Suez Canal Economic Zone (SCZONE) to develop and operate a 20…
The Egyptian Ministry of Investment and Foreign Trade has launched a safeguard investigation into imports of hot-rolled steel products, according to a notification from the World Trade Organization (WTO). The…
The Chairman of the General Authority for the Suez Canal Economic Zone (SCZone), Waleid Gamal El-Dein, has laid the foundation stone for Chinese company Xinfeng's integrated industrial steel complex in Sokhna. The…
Local manufacturer Massoud Steel has signed an agreement to establish a metal packaging factory in the Sokhna Industrial Zone, with a total investment of USD 19 mln, according to a statement from the Suez Canal Economic…
Arkan Palm for Real Estate Development, a subsidiary of Badr El-Din Group, has signed a contract with the Export Development Bank of Egypt (EBank) to construct the bank's new headquarters at the Financial District…
Ezz Steel, one of Egypt's leading steel producers, has maintained its rebar prices unchanged for the seventh consecutive month. The price remains at EGP 38,200 (USD 754) per ton EXW, inclusive of 14pct VAT. Ezz Steel…
Egypt's ministerial group for industrial development, led by the Prime Minister, has approved a USD 86 mln railway manufacturing complex by French rolling stock company Alstom. The facility will be established within a…
The General Authority of the Suez Canal Economic Zone (SCZone) has signed an agreement with XinFeng Egypt to establish an integrated manufacturing complex in Sokhna, local media reported. The project, spanning 3.75 mln…
Egypt's steel exports fell 4pct YoY in 2024 to USD 2.3 bln, according to the Export Council for Building Materials. The decline is driven by rising trade barriers, including a 25pct U.S. tariff on steel imports and a…
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