Egypt’s steel exports rise to $774 million in H1 2022

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%.

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Arab Iron and Steel Union ( AISU ) was established in Algeria in 1971 as the first Arab union of Arab countries to be established under the umbrella of the Council of Economic Unity in the League of Arab States.

AISU is a non-governmental organization of a private nature, not of a political or commercial nature.

AISU works in the field of preparing studies, organizing courses and holding periodic conferences for the prosperity of the Arab iron and steel industry. The union includes a wide range of companies with multiple activities related to the iron and steel industry.

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17 Country

300.000 Employees

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