Egypt’s exports of “iron and steel” rose during the first half of this year by about 2% to record $774 million , compared to $762 million in the same period last year.

The monthly report issued by the Export Council for Building Materials, Refractories and Metal Industries showed that Egypt exported iron and steel during the first half of this year to about 74 countries, including 17 countries that were not exported to in the same period last year, which included (Slovakia – Czech – Costa Rica – Benin). Croatia-Finland-Togo-Comoros-Taiwan-Montenegro-Oman-Argentina-Liberia-Hungary-Zimbabwe-Southern Rhodesia-Jamaica-Malaysia Federation).

The report added that about 5 countries accounted for 63.8% of the total exports, topped by “Spain”, which acquired 22.3%, about $173.35 million , compared to $182.428 million in the same period in 2021, a decrease of 5%, followed by “Italy”, which acquired the second place. 17%, about $131.707 million , compared to $200.912 million , a decrease of 34%.

The report indicated that the “Kingdom of Saudi Arabia” ranked third with about $95.399 million, compared to $82,092 million, an increase of 16%.