Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
Got a story for the Middle East steel market? Submit news
161 news items from Egypt. Show all
Ezz Steel announced that its shares have been delisted from the Egyptian Stock Exchange (EGX) as of March 13, 2025. In response, the company has set up an over-the-counter (OTC) trading facility using the EGX's…
The European Commission (EC) has released its preliminary findings on the anti-dumping investigation into hot-rolled flat steel imports from Egypt, India, Japan, and Vietnam. As a result, the EC has proposed provisional…
Kandil Steel, a leading flat steel manufacturer in the Middle East, is expanding its production capacity with significant factory upgrades. According to Egypt's State Information Service, Prime Minister Moustafa…
Egypt's El Garhi Group has agreed to sell a 26.25pct stake in Misr National Steel (Ataqa) to Al Organi Group, a diversified Egyptian conglomerate, according to a stock exchange filing. The stake will be acquired by Al…
Egypt's El-Marakby Steel aims to increase its rebar exports by at least 10pct in 2025, targeting 140,000 tons compared to 120,000 tons worth USD 80 mln last year, according to the local media reports. CEO Eng. Hassan…
Egypt has taken a significant step toward modernizing its rail infrastructure with the recent dispatch of British Steel-manufactured rails for the country's first fully electrified mainline and freight network. The…
Ezz Steel, one of Egypt's leading steel producers, has kept its rebar prices unchanged for the sixth consecutive month. The company's rebar price remains at EGP 38,200 (USD 754) per ton EXW, inclusive of 14pct VAT. Ezz…
Egypt's Holding Company for Maritime and Land Transport has signed a memorandum of understanding with A.P. Moller - Maersk A/S to establish the country's first ship recycling project at Damietta Port. Deputy Prime…
El Marakby Steel, a leading Egyptian manufacturer of deformed bars and wire rod, is enhancing its production capacity and competitiveness by upgrading its SMS minimill at the 6th of October site. In early 2023, SMS…
Ashry Steel Group has commenced operations at its new facility, Galfa Engineering Industries Factory, specializing in lighting poles and structural steel towers. The launch aligns with the company's strategy to…
Minister of Education and Technical Education of the Arab Republic of Egypt, Abdel Latif, and Minister of Education and Merit of the Italian Republic , Giuseppe Valditara, exchanged letters of intent in Cairo to create…
Ezz Steel, one of Egypt's leading steel producers, has maintained its rebar prices for the domestic market for the fifth consecutive month. The company's rebar price remains at EGP 38,200 (USD 759) per ton EXW…
Egypt's Ezz Steel has received shareholder approval to voluntarily delist from the Egyptian Exchange (EGX), according to a stock exchange filing. The company will buy shares from dissenting or unwilling shareholders…
Egyptian long steel producer El Marakby Steel has received technical approval for rebar exports to Brazil from the Falcao Bauer Quality Institute, the company announced in a statement. The certification confirms El…
Ezz Steel Company's board of directors has decided to buy shares from shareholders objecting to its voluntary delisting or unwilling to continue holding shares, offering EGP 138.15 (USD 2.73) per share, according to a…
Chinese automaker SAIC Motor has signed a strategic technical cooperation agreement with Egypt's Mansour Group to produce and assemble MG-branded vehicles locally. The deal includes a land agreement with the General…
The Suez Canal Economic Zone (SCZONE) and Suez Steel Company have signed a preliminary agreement to develop and operate dry bulk handling facilities at Adabiya Port. Under the deal, SCZONE will grant Suez Steel a…
Suez Canal Bank has signed a cooperation agreement to provide Ashry Steel Group with EGP 2.35 bln (USD 46.1 mln) in credit facilities. The funding will support the group's working capital needs, enabling its expansion…
AD Ports Group has appointed Hassan Allam Construction, a subsidiary of Hassan Allam Holding, to build the infrastructure for Noatum Ports - Safaga Terminal on Egypt's Red Sea coast. This will be the first…
Egypt's iron and steel exports declined by 13pct YoY (YoY) from January to October 2024, totaling USD 1.695 bln, down from USD 1.942 bln in the same period last year. A report by the Export Council for Building…
“Premium Content” marks a news item that needs a subscription to read in full.
