A broad intersectoral coordination meeting was held on Wednesday at the headquarters of the Ministry of Petroleum and Mines in Algeria to discuss the measures required to launch the development of the Gara Djebilet iron ore mine, along with the Béchar–Tindouf mining railway line designated for transporting passengers, goods, and mineral materials. The meeting was […]
El Marakby Steel Group has announced plans to inject new investments estimated at $23 million over the coming year, aiming to develop higher value-added finished products and deepen local manufacturing within its facilities. The announcement was made by Hassan El-Marakby, the company’s CEO and Managing Director, in an interview with Eram Business on the sidelines
El Marakby Steel invests $23 million in new expansion projects Read More »
Ayman El Ashry, Chairman of Ashry Steel, affirmed during his participation in the Middle East Iron & Steel Conference that this event serves as an important platform to enhance the presence of the Egyptian steel industry in global markets. He noted that local products possess the capability and quality to compete with major international manufacturers,
Rebar prices in Egypt saw notable changes during the third week of November, as producing companies announced their updated price lists, which came as follows: Ezz Steel set its price at EGP 34,200 per ton, marking a decrease of EGP 4,000 compared to last week, while Al-Suez Steel posted a price of EGP 33,700, down
Rebar Prices Decline in Egypt Read More »
Egypt’s iron and steel exports recorded a notable jump in September, rising by 42% to reach $190 million, compared to $134 million in September 2024, according to data from the Export Council for Building Materials, as reported by Al Arabiya. This growth coincided with a 16% increase in Egypt’s crude steel production during the same
Record Surge in Egypt’s Iron and Steel Exports in September Read More »
The Arab Iron and Steel Union, in cooperation with Ezz Steel, has launched the second program in its series of specialized training courses, titled “Meltshop Concept and Philosophy” The program runs from 16 to 27 November 2025, with the participation of technical personnel from member companies, including Emsteel, Qatar Steel, FOULATH – Bahrain, Libyan Iron
Ezz Steel has announced a reduction in rebar prices starting November 16, 2025, by EGP 4,000 per ton, bringing the new price down to EGP 34,200 ex-works, after more than a year of price stability. Statement including VAT Rebar 34,200 EGP Inclusive of value-added tax (VAT). 1 USD = 47.01 EGP
Ezz Steel reduces rebar prices by EGP 4,000 per ton Read More »
Guinea has officially started exporting iron ore from the Simandou Project, which hosts the world’s largest iron ore reserve, marking a major milestone in the country’s economic development. During the export inauguration ceremony, Diba Diakité, Chief of Staff at the Presidency of Guinea, stated: “Simandou should be to us what oil was to the Gulf
Guinea begins exporting iron ore from the world’s largest deposit Read More »
El Marakby Steel (MKM) has commissioned Danieli Centro Combustion India to supply a new 60-ton-per-hour (tph) Pusher reheating furnace for its rolling mill in the 6th of October Industrial Zone in Egypt. The new furnace aims to enhance thermal performance and improve billet temperature consistency, thereby enhancing the rolling mill’s performance. It will incorporate patented
Egypt: El Marakby Steel and Danieli Sign Agreement for High-Efficiency Reheating Furnace Read More »
Egyptian Steel is preparing to implement an ambitious investment plan worth nearly EGP 2 billion over the next 18 months, starting at the beginning of next year, according to Abdel Fattah Siam, General Manager of the company’s Alexandria plant, in statements to Al Arabiya Business on the sidelines of the Trans MEA exhibition. Siam explained
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 Egypt – November 11, 2025 Read More »
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
Rebar Prices in Egypt – November 3, 2025 Read More »
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
Rebar Prices in Egypt – October 28, 2025 Read More »
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
Rebar Prices in Egypt – October 21, 2025 Read More »
Decline in Egypt’s Rebar Production and Sales in January–September 2025 Read More »
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
Rebar Prices in Egypt – October 13, 2025 Read More »
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
Algeria is set to commission its first iron ore pre-processing unit at the Gara Djebilet mine in Tindouf Province by the end of April 2026, with an annual production capacity of 4 million tonnes, according to Belkacem Soltani, Chairman and CEO of the National Mining Industrial Group (SONAREM). In an interview with APS, Soltani explained
Algeria : First Iron Ore Pre-Processing Unit to Be Launched by End of April 2026 Read More »
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 »
Tosyali Algeria aims to achieve $1 billion in export revenues during the current year, according to Alp Topcuoglu, a member of the company’s Board of Directors. In a press statement on the sidelines of the 13th North Africa Energy and Hydrogen Conference & Exhibition (NAPEC 2025), currently taking place in Oran, Topcuoglu said that “export
Tosyali Algeria Aims for $1 Billion in Export Revenues This Year Read More »
Prime Minister Saifi Ghrib inaugurated a rebar production plant in M’Sila on Tuesday, as part of a working and inspection visit to the province, commissioned by President Abdelmadjid Tebboune. In his first stop, the Prime Minister inaugurated the rebar production unit belonging to the public company FONDALE, a subsidiary of the National Steel Industry Holding
Algeria: Saifi Ghrib Inaugurates Rebar Production Unit in M’Sila Read More »