Egypt signs $900 mln Trafigura deal to double aluminum production
Egypt signed an agreement with global commodities giant Trafigura Pte Ltd on Wednesday to expand the Nag Hammadi…
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Aluminum
China’s Henan Zhongfu proposes $2 billion aluminum plant in Egypt’s SCZONE
Egypt is reviewing a $2 billion proposal by China’s Henan Zhongfu Industry Co. to build an aluminum production…
QatarEnergy halts LNG, downstream production after attacks
QatarEnergy has stopped production of liquefied natural gas (LNG) and associated products following military…
China to cut tariffs on ethane, recycled metals
China will lower import tariffs on ethane and specific recycled copper and aluminum raw materials starting next…
Egypt’s Metallurgical Holding sets EGP62.5b revenue target
The Ministry of Public Business Sector has approved the 2024/2025 budget for the Metallurgical Industries Holding…
Metals mixed amid China’s rate cut
Metals experienced a mixed performance after the worst weekly decline in nearly two years, with a rate cut in China…
Egypt-Arab trade volume drops to $26b in ’23 – CAPMAS
The trade volume between Egypt and Arab countries reached $26 billion in 2023, down from $29.5 billion in 2022.…
China vows to retaliate as Biden raises tariffs
China vows to retaliate against US after Biden announces increased tariffs on $18 billion of Chinese imports,…
Biden harshly hikes tariffs on Chinese imports to protect US businesses
The Biden administration has taken decisive action to protect US businesses by significantly increasing tariffs on…
Mexico selective tariffs hit $48b of imports
Mexico's choice to impose tariffs on select goods from nations lacking trade agreements will affect roughly $48…
Technal®️ launches latest certified recycled aluminium Hydro CIRCAL in Egypt
French brand Technal®️, a subsidiary of Norwegian multinational giant Hydro - a pioneer supplier of Aluminum…
Trump delays metal tariffs on Canada, EU, Mexico, exempts some others
U.S. President Donald Trump has postponed the imposition of steel and aluminum tariffs on Canada, the European…
Exclusions from US tariffs may take 90 days: Documents
Steel and aluminum users that depend on imported products not available from U.S. producers may have to wait up…
Dow closes 157 points lower amid lingering trade-war worries
The Dow Jones industrial average fell on Monday as investors worried a trade war could develop after President…
US crude rises 26 cents, settling at $61.25, but posts first weekly loss in three weeks
Oil prices rose on Friday as Wall Street stocks bounced off session lows, but crude benchmarks posted their first…
Dollar tumbles as US tariff plan ignites trade war fears
U.S. dollar fell against most currencies on Friday, dropping to its lowest in more than two years against the yen,…
Europe tumbles by the close as Trump’s tariff announcement spooks investors
Stocks in Europe finished Friday's session sharply lower after President Donald Trump announced upcoming tariffs on…
US finds China dumped aluminum foil on US market, imposed duties of 97-162%
The U.S. Commerce Department said Friday it made a preliminary finding that China dumped aluminum foil on the U.S.…
Chinese aluminum slowdown is helping stablise market: Rusal
Rusal's profit slumped 70 percent in the first half of the year, but the deputy CEO of the aluminum giant said…
Egypt’s Building Materials Hit EGP 15 Bln; H1/2012
Egypt’s building materials exports have hit EGP 15.13 billion by the first half of 2012, retreated by 11%. Noting…
Iraq’s Basra Traditional Copper Industry Is In Decline
Inside Basra’s Safafeer market, once famous for its supplied households with kitchen utensils, as well as…
General Holding Invests in Expansionary Projects
Hussain Jasem Al Nowais, Chairman of GHC said that -The Abu Dhabi government-owned- General Holding Corporation…
India’s NALCO sells Aluminum at $165 /T Premium
Indian state-run National Aluminium Co Ltd (NALCO) sold 2,100 tons of aluminum billets at close to $165 per ton…