Egypt’s exports of “iron and steel” and “cement” retreated in the first 6 months of 2020 to record $315 million compared to $483 million during the same period in 2019, a decrease of 34.8%.
The monthly report issued by the Export Council for Building Materials, Refractories and Metal Industries indicated that 8 countries (Saudi Arabia, Kenya, Spain, Libya, Italy, America, Netherlands and Sudan) acquired 62.8% of total iron, steel and cement exports in the first 6 months of 2020 at a value $ 197.975 million, according to the Middle East News Agency.
Steel exports decreased in January – June 2020 by 37% to $ 252 million compared to $ 402 million in the same period in 2019.
