Egyptian pres. instructs bolstering national heavy industries

Mon, 05 Apr 2021 - 10:09 GMT

Presidency Spokesperson Bassam Rady stated that the meeting discussed the measures taken to develop the sectors of cement, steel, and iron.

Egypt's BOP declines by 8.6% in June 2020 compared to same month of 2019

Fri, 11 Sep 2020 - 11:56 GMT

The June BOP became $3.3 billion instead of $3.61 billion.

Egyptian steel, iron, cement exports decline 41.4% in 5 months

Mon, 29 Jun 2020 - 12:01 GMT

The report showed that 64.6 percent of these exports went to Saudi Arabia, Libya, Spain, Kenya, Italy, Sudan, the Netherlands, and the US at a value of $164 million.

Egypt targets LE620M- revenues from offering licenses for iron, cement

Wed, 22 Apr 2020 - 04:14 GMT

Egypt targets revenues of LE 620 million ($36.5 million) from offering new licenses for iron and cement production during fiscal year of 2020/2021, according to the state’s budget plan for 2020/2021.

All you need to know about protection fees on iron billets, steel rebar

Mon, 15 Apr 2019 - 03:23 GMT

Egypt Today reviews the details of the decision of collecting temporary protection fees on Egypt's imports of iron billets and steel rebar for 180 days.

Egypt imposes temporary fees on iron billets, steel rebar

Mon, 15 Apr 2019 - 11:04 GMT

The fees are 15 percent for billets and 25 percent for steel rebar in all its forms such as bars, rods, rolls or chopsticks, besides its semi-finished products as billets.

Iron prices decrease to LE 300/ton due to decline of pallet

Sun, 15 Apr 2018 - 04:34 GMT

Building Materials Division at the Cairo Chamber of Commerce revealed that iron prices will fall during the month of Ramadan.

Iron, cement revenues record LE 300M in new budget

Sun, 15 Apr 2018 - 02:48 GMT

The total revenues in the new budget increased by LE 154 billion, compared to LE 835 billion of the current budget.

Egypt’s iron exports decrease 7% in January

Mon, 19 Mar 2018 - 01:47 GMT

Egypt’s iron exports to Turkey surged 230 percent in the first months of 2018, recording $3.6 million, compared to $1.1 billion in the same month of 2017

Global mining deals jump 15% by value in 2017: EY

Tue, 20 Feb 2018 - 07:57 GMT

The value of global mining and metals deals hit a four-year high in 2017, according to accountancy firm EY.

Iron exports record $81M in December

Thu, 25 Jan 2018 - 09:40 GMT

Spain ranked first in importing Egyptian iron in December 2017, with a total value of $16.6 million.

Ezz Steel's losses deepen in 9 months

Thu, 14 Dec 2017 - 09:20 GMT

The company's liquidity stood at LE 5.02 billion, while net debts reached LE 18.9 billion.

Industrial production ups 11.7% in Q1 2017

Mon, 04 Dec 2017 - 11:48 GMT

Industrial production in the quarter, excluding crude and refined petroleum, recorded LE 127.7 billion.

Government keen on supporting heavy industries: PM

Mon, 20 Nov 2017 - 03:35 GMT

The meeting reviewed recommendations of producers to protect this industry and increase its exports.

Egypt carries on tradition of steam-free 'foot ironing'

Tue, 15 Aug 2017 - 10:17 GMT

Ebtesam Mohamed is busy working on a decades-old Egyptian tradition of ironing clothes using her feet.

China suspends North Korean iron, seafood imports

Mon, 14 Aug 2017 - 11:53 GMT

China will halt iron, iron ore and seafood imports from North Korea starting Tuesday as it implements new UN sanctions

Business public sector achieves profit increase

Sun, 18 Jun 2017 - 09:25 GMT

Development processes of the business public sector resulted in an increase in companies generating profits.