Egyptalum, Scatec sign 1 GW solar power station agreement

Wed, 21 Feb 2024 - 03:11 GMT

According to the agreement, the station will be built in two phases, with a capacity of 500 MW for each phase.

Egypt, Saudi Arabia sign MoU in field of aluminum industries

Thu, 26 May 2022 - 02:03 GMT

The agreement aims to launch a cooperation between the Alupco Group and Octa International to establish a factory for forming and manufacturing aluminum products and applications for the construction sectors and other high-quality products.

Egypt exports of aluminum, its products hit $635M in 10 months - ECBM

Thu, 23 Dec 2021 - 04:37 GMT

The report pointed out that Italy topped the list of importers of Egyptian aluminum, followed by Spain, Germany, the US and Morocco

Egypt cancels preventive measures imposed on imports of billet, rebar and aluminum

Sun, 14 Nov 2021 - 12:43 GMT

The minister said that these two decisions came as a result of the significant rise in the global economy from high inflation rates and energy prices, as well as the rise in the prices of materials and production requirements, which negatively affects the Egyptian productive and export sectors.

Egypt Aluminum demonstrates effect of imposing preventive measures on aluminum imports

Wed, 14 Apr 2021 - 02:18 GMT

The company added, in a filing to the Egyptian Exchange (EGX), Wednesday, that the decision came as a result of serious damage from the increase in imports to the local industry, and the implementation of the decision will start in mid-April.

Egypt imposes duties on imports of some types of aluminum for 3 years

Tue, 13 Apr 2021 - 02:14 GMT

The decision is effective for a period of three years, starting from mid-April, at a rate of 16.5 percent of the CIF value, with a minimum of $ 333 per ton for the first year.

Egypt's exports of aluminum, copper hit $171M in Q1 of 2020

Sun, 26 Apr 2020 - 12:20 GMT

Egypt's exports of copper and its derivatives went down during the first half of 2020 by about 25 percent to reach $33 million.

Rosatom approves contract to supply nuclear fuel components to Egypt

Mon, 06 Apr 2020 - 12:17 GMT

The ETRR-2 experimental training research reactor in Sharqiya governorate was supplied by the Argentine company INVAP for construction and delivery of plants and equipment in 1992.

New partnerships in aluminum, smart transportation sectors

Sat, 01 Jun 2019 - 11:20 GMT

The partnerships involve German and Slovak companies.

Aluminum plunges, Rusal shares soar as U.S. to lift sanctions

Thu, 20 Dec 2018 - 09:50 GMT

The U.S. Treasury said it will lift sanctions on the core empire of Russian businessman Oleg Deripaska, including aluminum giant Rusal and its parent En+.

U.S. to impose new duties on Chinese aluminum sheet products

Thu, 08 Nov 2018 - 10:04 GMT

The final aluminum sheet duties, however, were reduced from those first imposed in April and July. The initial combined range was 198.4 percent to 280.46 percent.

Trump announces 'doubling' of tariffs on steel, aluminum from Turkey

Sat, 11 Aug 2018 - 12:20 GMT

US President Donald Trump said Friday he had doubled steel and aluminum tariffs on Turkey.

EU to launch safeguards to curb steel imports on Thursday

Wed, 18 Jul 2018 - 09:08 GMT

The European Commission has proposed a combination of a quota and a tariff to counter EU concerns that steel products no longer imported into the United States would instead flood European markets.

U.S. imposes anti-dumping duties on China's aluminum sheet -trade group

Tue, 19 Jun 2018 - 02:00 GMT

The U.S. Commerce Department has determined that Chinese common alloy aluminum sheet products are being sold in the U.S. market at less than fair value.

U.S. allies hit back at Washington's steel, aluminum tariffs

Fri, 01 Jun 2018 - 12:20 GMT

Canada and Mexico retaliated against the United State's decision on Thursday to impose tariffs on steel and aluminum imports.

Trump may impose tariffs on car imports in latest trade move -sources

Wed, 23 May 2018 - 11:10 GMT

The Trump administration is considering a proposal to impose new tariffs on imported vehicles, invoking a national security law used to impose tariffs on aluminum and steel.

U.S. stock futures edge up as Washington extends tariff exemptions

Tue, 01 May 2018 - 08:09 GMT

U.S. stock edged up and Australian shares hit seven-week highs on Tuesday after the U.S. postponed the imposition of steel tariffs.

Egypt seeks exemption from U.S. steel, aluminum tariffs

Wed, 14 Mar 2018 - 03:39 GMT

The sources told the media delegation accompanying the Door Knock mission in Washington that Egypt seeks to be among the exempted countries.

China says trade war with U.S. will only bring disaster to global economy

Mon, 12 Mar 2018 - 07:31 GMT

After pressure from allies, the United States has opened the way for more exemptions from tariffs of 25 percent on steel imports and 10 percent on aluminum.

Missouri aluminum smelter to restart after tariff, utility relief

Sat, 10 Mar 2018 - 09:48 GMT

The owner of a shuttered aluminum smelter in southeastern Missouri said on Friday the firm would restart two of the plant’s three production lines.