Egypt’s December iron imports hit 170,000 tonnes
Egypt has imported around 170,000 tonnes of iron during December, Head of Chamber of Metallurgical Industries,…
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iron
New Saudi-Egyptian firm formed to build $1bn-steel complex in Suez Canal region
Egyptian Suez Canal Authority (SCA) signed Tuesday a partnership agreement with a Saudi organisation on forming a…
Russian firm eyes developing Egyptian Iron Company
A leading Russian iron and steel firm expressed its keenness on participating in the project of upgrading Egyptian…
Egypt steel producers increase prices by 5% on newly-adopted VAT
Egyptian steel producers have raised steel prices for the local market by 5 percent just after the government had…
Japanese Mitsubishi eyes upgrading Egypt’s iron, steel complex in Helwan
Japanese engineering company Mitsubishi Heavy Industries, Ltd. eyes developing Egypt's iron and steel complex in…
Iron industry contributes $5.1 billion to Egypt’s GDP
The iron industry provides around 40 billion Egyptian pounds ($5.1 billion) of contribution to Egypt’s GDP, George…
Egypt Cuts Natural Gas Subsidies to Factories
Egypt slashed its natural gas subsidies to several industries increasing gas prices by 30-75 percent, part of…
Ezz Steel Says Q2 Net Profit Rose 76%
Ezz Steel (ESRS.CA), Egypt's biggest steel maker, said on Wednesday that consolidated net profit for the second…
Port Said Steel Loan Arrangers To Sign Terms & Conditions Memo In April
The National Bank of Egypt (NBE), Commercial International Bank (CIB), National Société Générale Bank (NSGB) and…
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…
