Arab Steel Summit
Arab Steel Summit
Arab Steel Summit

Ezz Steel turns to profits, and its sales jump to EGP 49 billion in 9 months

The consolidated financial statements of Ezz Steel, during the first nine months of 2021, showed the shift from losses to profitability on an annual basis.

In a statement to the Egyptian Stock Exchange, the company stated that it achieved profits of EGP 3.75 billion in the nine months that ended last September, compared to losses of EGP4.11 billion in the comparative period of 2020, taking into account minority rights.

The company’s sales rose during the period to EGP 49.05 billion, compared to sales of EGP 26.45 billion in the comparable period last year.



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About AISU

Arab Iron and Steel Union was established in Algeria in 1972 as the first Arab Union of the Arab countries to be founded under the Council of Economic Unity umbrella in the League of Arab States.

It is the first Arab organization to specialize in the iron and steel field, and its tasks fall within making plans aimed mainly at developing and growing the iron and steel industry in the Arab world.

Arab Iron and Steel Union comprises a wide range of multi-activity companies related to the iron and steel industry from the Arab countries.


92 Members

28 Board of Directors

17 Country

300.000 Employees

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