The Trade Remedies Sector of the Ministry of Investment and Foreign Trade held a hearing session to investigate preventive measures against imports of cold-rolled, galvanized, and colored steel sheets.

Egypt’s building-materials and fertilizer markets saw mixed moves on Thursday, with sharp divergences across product categories, according to data from the Cabinet’s Information and Decision Support Center (IDSC).

The General Authority for the Suez Canal Economic Zone (SCZONE) and MIFRA have signed a contract to establish a new metal industries factory in Sokhna Industrial Zone.

Prices of steel, cement, and fertilizers in Egypt showed relative stability on Sunday, November 30th, according to figures released by the Cabinet’s Information and Decision Support Center (IDSC).

Egypt’s construction materials market witnessed mixed price movements on Sunday, October 19th, according to the latest update from the Cabinet’s Local Price Portal.

Misr National Steel – Ataqa (ATQA) witnessed a block-trading transaction worth EGP 1.902 billion.

The Trade Remedies Sector at the Ministry of Investment and Foreign Trade held a public hearing for all stakeholders to investigate safeguard measures on hot-rolled steel flat imports.

The Egyptian government has developed a comprehensive strategy to advance the country’s iron and steel industry over the upcoming 10 years, Prime Minister Mostafa Madbouly announced.

Minister of Investment and Foreign Trade Hassan El-Khatib issued three ministerial decisions imposing temporary safeguard tariffs on certain steel products, effective from September 14th.

The US International Trade Commission announced a preliminary anti-dumping and countervailing duty investigation into imports of steel concrete reinforcing bars from Egypt, Algeria, Bulgaria, and Vietnam.

The Chairman of the Suez Canal Economic Zone (SCZone), Walid Gamal El-Din, has witnessed the signing of a contract for the Masoud Steel metal containers project in the Sokhna Industrial Zone.

A delegation from the Ministry of Investment will meet with representatives from the European Union (EU) to discuss the recently announced decision by the European Commission to temporarily impose 15.6% anti-dumping duties on Egyptian steel exports.

An Egyptian-Qatari investment alliance is studying the establishment of an iron and steel factory in Qena Governorate with initial investments of up to $100 million.

Saudi Arabia’s Zamil Steel is eyeing expanding its production operations in Egypt in terms of the types and quantities of iron produced, with potential plans for expansion into additional markets.

Egypt’s production of steel rebar rose by 11.3% year on year (YoY) to 6.403 million tons in the first nine months of 2024.

The Egyptian cabinet has approved the president's directive to allocate approximately 385 feddans in the Suez Governorate for the establishment of the Suez Steel Company to advance Egypt's steel industry.

Egypt’s production of steel rebar rose by 24.3% year on year (YoY) to 2.166 million tons in the first quarter of (Q1) of 2024 on the back of decreasing prices.

The Egyptian government is considering a proposal submitted by an Italian firm to establish an integrated industrial park for iron and steel, with investment of $4 billion.

The Egyptian government is considering canceling dumping duties levied on rebar steel imports to enable real estate firms and developers to meet their needs of rebar steel of which current prices reached EGP 50,000 per ton.