Egypt's SCzone signs leasing contract with XINXING Ductile Iron Pipes Co.

Wed, 27 Mar 2024 - 11:26 GMT

The company will invest $146 million.

China's TEDA, Chen Cheng to build $2B-worth steel, cast iron pipe factory

Thu, 23 Mar 2023 - 11:15 GMT

Prime Minister Mostafa Madbouli held a meeting Wednesday with the representatives of China's TEDA and Chen Cheng to discuss their plan of establishing a $2-billion factory.

Value of Egyptian non-oil exports drop by 18.3% on YoY basis

Tue, 23 Aug 2022 - 04:12 GMT

The Central Agency for Public Mobilization and Statistics (CAPMAS) released a statement Tuesday detailing the exports, whose value declined in May 2022.

Egypt's exports of cast iron, steel hit $667M in 5 months

Tue, 19 Jul 2022 - 01:51 GMT

It added that the United States came fourth in the list of countries importing Egyptian iron and steel at a total value of $44.287 million, while Canada came fifth with imports worth $40.832 million.

Egypt's exports of cast iron, steel up 1% in 4 months

Thu, 23 Jun 2022 - 03:35 GMT

A report released Thursday by the Export Council for Building Materials, Refractory & Metallurgy Industries (ECBM) said that Egypt's exports of cast iron and steel went to 64 countries.

Egypt's exports of cast iron, steel hit $200M in 2 months

Wed, 06 Apr 2022 - 02:06 GMT

A report released by the Export Council for Building Materials, Refractory & Metallurgy Industries (ECBM) said that Egypt's exports of cast iron and steel were to 51 countries.

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.