Rebar prices in the Egyptian local market witnessed relative stability during today’s trading, as most companies maintained their previous price levels with no significant changes, while some companies recorded slight declines. Ezz Steel’s price stood at around EGP 38,200 per ton, while Al-Suez Steel and Egyptian Steel remained stable at EGP 35,000 and EGP 38,100 per …
Rebar prices in the Egyptian local market witnessed relative stability during today’s trading, as most companies maintained their previous price levels with no significant changes, while one company recorded a price decrease. Ezz Steel’s rebar price stood at EGP 38,200 per ton, while Suez Steel and Egyptian Steel maintained their prices at EGP 35,000 and …
The financial indicators of Iron and Steel for Mines and Quarries Co. revealed a significant improvement in performance in the first quarter of the current fiscal year, with the company’s net profit soaring by 238% year-on-year. According to the company’s statement to the Egyptian Exchange (EGX), net profit reached EGP 80.49 million for the period …
Rebar prices in the Egyptian local market witnessed relative stability during today’s trading, as most companies maintained their previous price levels without significant change, while one company recorded a slight decline in its prices. Ezz Steel’s price stood at EGP 38,200 per ton, while Suez Steel and Egyptian Steel remained stable at EGP 35,000 and …
Prime Minister Dr. Mostafa Madbouly inaugurated the “Qing Shan” steel pipe factory during his visit to the integrated Sokhna Industrial Zone, which falls under the General Authority for the Suez Canal Economic Zone. The factory is located within the “Teda Egypt” industrial developer area. During the opening ceremony, Madbouly stated that this project comes as …
Prime Minister Inaugurates “Qing Shan” Steel Pipe Factory with $4.5 Million Investment Read More »
Crude steel production in Arab countries reached 3.9 million tons in September 2025, marking a 15.1% increase compared to September of the previous year. Meanwhile, total production from January to September reached 32.3 million tons, up 7.5% year-on-year, according to the latest data from the World Steel Association (World Steel). This reflects the continued recovery …
Crude steel production in Arab countries increased by 7.5% in Jan. -Sep. 2025. Read More »
The first training program on Direct Reduction Technologies (DRI) has commenced as part of a series of specialized technical training programs organized by the Arab Iron and Steel Union (AISU) in cooperation with Ezz Steel. The program runs from October 19 to October 30, 2025, with the participation of several technical professionals from member companies …
Rebar prices in the Egyptian local market remained relatively stable during the third week of October 2025 compared to the previous week, with minor movements recorded among some producers. Ezz Steel maintained its price at EGP 38,200 per ton, with no change from last week, while Suez Steel also remained stable at EGP 35,000 per …
According to data issued by the Ministry of Supply and Internal Trade on Egypt’s steel industry, which the Arab Iron and Steel Union has obtained, there was a decline in rebar production and sales during the first nine months of 2025 compared to the same period in 2024, amid a decrease in average local prices.
Eng. Ahmed Ezz, Chairman of the Arab Iron and Steel Union and Chairman of Ezz Steel, emphasized that recent decisions to impose customs tariffs to protect national industries reflect a fundamental shift in the global economic philosophy toward greater protectionism, noting that “the idea of a borderless global village no longer exists.” In an interview …
Lieutenant General Kamel El-Wazir, Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, participated alongside Bandar Al-Khorayef, Saudi Minister of Industry and Mineral Resources, in the ministerial session titled “Empowering the Localization of the Iron Value Chain to Support Economic Growth and Income Diversification”, held within the framework of the 3rd Saudi …
Rebar prices in the Egyptian domestic market witnessed a significant decline during the second week of October 2025, compared to the week before last. Ezz Steel maintained its price at EGP 38,200 per ton with no change, while Al-Suez Steel dropped to EGP 35,000 per ton, marking a decrease of EGP 2,900. El-Marakby Steel also …
The Egyptian Stock Exchange has announced the details of Al-Organi for Development and Investment’s acquisition of a 26.25% stake in Misr National Steel Company – Ataqa. Al-Organi for Development purchased around 315 million shares of Ataqa’s capital for a total value of EGP 1.9 billion, at an average price of EGP 6.04 per share. As …
Egypt Stock Exchange announces details of Al-Organi’s acquisition of a stake in Ataqa Read More »
Experts and decision-makers at the 18th Arab Steel Summit, held in the Sultanate of Oman on October 7–8, confirmed that infrastructure and housing investments are the primary engines of steel demand in Arab markets in the near term. They emphasized the importance of maintaining predictable and stable project pipelines to ensure the sustainability of local …
Eng. Ahmed Ezz, Chairman of the Arab Iron and Steel Union, emphasized that stimulating local demand for steel products in Arab countries begins with industrial growth, streamlining permit procedures, and facilitating land allocation for investors. He underscored the importance of empowering the private sector and supporting construction and infrastructure projects to ensure the industry’s sustainability …
The Arab Iron and Steel Union (AISU) announced the winners of the Best Three Arab Scientific Research Papers in the Iron and Steel Industry for 2025 on October 8, during the 18th Arab Steel Summit, held in Muscat, Sultanate of Oman, on October 7–8, 2025. The first award was awarded to Eng. Ahmed Mehab, Refractories …
Eng. Ahmed Ezz, Chairman of the Arab Iron and Steel Union, welcomed H.E. Qais bin Mohammed Al Yousef, Oman’s Minister of Commerce, Industry and Investment Promotion, during the Arab Steel Summit held in Muscat, the Omani capital. Ezz stated, “The world has changed. Although we have followed its developmental and commercial path for the past …
Ahmed Ezz: We Need a Unified and Integrated Arab Industrial Policy for the Steel Sector Read More »
The 18th Arab Steel Summit, which began its sessions on Tuesday morning in Muscat, Oman, praised Egypt and President Abdel Fattah El-Sisi for their firm stance on the Gaza crisis and for resisting ongoing Israeli attempts to forcibly displace the Palestinian people. This came during a speech delivered by Eng. Ahmed Ezz, Chairman of the …
18th Arab Steel Summit Praises Egypt’s Stance on the Gaza Crisis Read More »
Egypt has extended its anti-dumping (AD) investigation into cold-rolled, galvanized, and coated steel sheets from China and Turkey by six months, with the probe now expected to conclude in the first quarter of 2026. The investigation was launched on October 31, 2024, based on complaints from domestic companies. The Egyptian authority said it had gathered …
Egypt extends AD investigation on Chinese and Turkish steel imports Read More »
Rebar prices in the Egyptian market remained stable at several companies, while other producers recorded noticeable declines. The price of a ton of steel at Ezz Steel stood at EGP 38,200, Suez Steel at EGP 37,900, and Beshay Steel at EGP 37,000, with no change from last week. In contrast, El Marakby Steel dropped to …
Arab countries’ crude steel production reached 3.64 million mt in August 2025, recording a growth of 12.7% compared to the same period last year, while total output in the January–August period amounted to 28.26 million mt, up 6.1% year on year, according to the latest data released by the World Steel Association (WorldSteel). Gulf RegionGulf …
Arab Countries’ Crude Steel Output Rises 6.1% in January–August 2025 Read More »
The Ordinary General Assembly of Egypt Iron & Steel Company has approved the liquidator’s report on the company’s liquidation activities during the first half of the current year. It also endorsed the financial position and liquidation revenue and expense accounts for the period from January to the end of June 2025, which recorded a surplus …
Steel prices in Egypt witnessed mixed movements today, with some companies maintaining stability while others recorded increases or declines. Ezz Steel remained stable at EGP 38,200 per ton, while Suez Steel also held steady at EGP 37,900 per ton. On the other hand, several companies lowered their prices. Beshay Steel dropped to EGP 37,000, down …
The Technical Committee of the Arab Iron and Steel Union held its fifth meeting on 21–22 September 2025 at the Sheraton Cairo Hotel, with the participation of representatives from several Arab countries. During the meeting, Mr. Mohammed Muteb Al Ameri, Executive Vice President of Operations at Emirates Steel, was elected as Chairman of the Committee …
Arab Iron and Steel Union Technical Committee Holds Its Fifth Meeting in Cairo Read More »
Rebar prices in Egypt witnessed a notable rise today across most factories, with several producers recording sharp increases in their per-ton prices, while others maintained stability. Ezz Steel maintained its price at EGP 38,200 per ton with no change from previous days, while Suez Steel dropped by EGP 200 to record EGP 37,900 per ton. …
Dr. Hassan El-Khatib, Egypt’s Minister of Investment and Foreign Trade, issued Decree No. 400 of 2025 imposing temporary safeguard measures on imports of hot-rolled flat steel products, whether in sheet or coil form. The duty will be applied for a period of 200 days, starting September 14, 2025. According to Article 1 of the decree, …
Egypt Imposes Temporary Safeguard Duties of 13.6% on Hot-Rolled Steel Imports Read More »
Egypt’s Minister of Investment and Foreign Trade, Hassan El-Khatib, has issued a decree imposing temporary safeguard duties on hot-rolled steel imports for a period of 200 days at a rate of 13.6%, with a minimum of EGP 3,673 per ton. The decision also includes a 16.2% duty on billet imports, with a minimum of EGP …
Egypt Imposes Safeguard Duties on Billet Imports at 16.2% Read More »
Eng. Ahmed Ezz – Chairman and Founder of Ezz Steel – told the Financial Times that the company recognizes the significant challenges facing the European steel industry, including high energy costs, global production surpluses, and structural pressures. His remarks were featured in the newspaper’s report published on September 7 under the headline: “European steelmakers urge …
Eng. Ahmed Ezz to the Financial Times: EU-wide steel tariffs punish compliant suppliers Read More »
The Egyptian government is studying the introduction of temporary safeguard duties of 13.6% on hot-rolled steel imports for a period of 200 days, according to an official document reviewed by Asharq. The document indicates that the measure comes after the local industry suffered severe damage due to a sharp and unexpected surge in imports, which …
Egypt Considers Imposing Safeguard Duties on Rolled Steel Imports for 200 Days Read More »
The Economic Committee of the Arab Iron and Steel Union held its eleventh meeting on 8–9 September 2025 at the Four Seasons Hotel in Cairo, with the participation of representatives from a number of member companies of the Union. At the beginning of the meeting, a procedural session was convened for elections, during which Mr. …