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Egypt: 36.5 million pounds of iron and steel sales to mines in Novembe

The Iron and Steel Company for Mines and Quarries announced that it achieved total sales during November, amounting to 36.51 million pounds.

In a statement to the Egyptian Stock Exchange, the company stated that sales of Bahriya Oasis mines amounted to EGP 36.47 million during November.

It added that the value of sales of Bani Khaled – Samalut quarries amounted to about 43.77 thousand pounds.

It is noteworthy that iron and steel for mines and quarries recorded a net profit of 26.53 million pounds from July to the end of September 2022, compared to 8.59 million pounds in earnings during the comparative period of 2021.

The company’s revenues increased during the three months to 58.55 million pounds, compared to 25.27 million pounds during the same period in 2021.

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لوريم ايبسوم هو نموذج افتراضي يوضع في التصاميم لتعرض على العميل ليتصور طريقه وضع النصوص بالتصاميم سواء كانت تصاميم مطبوعه لوريم ايبسوم ليتصور طريقه لوريم ايبسوم.

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.

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