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Iron and Steel for Mines and Quarries records EGP 147.94M in September sales

Updated 10/25/2026 10:02:00 AM
Iron and Steel for Mines and Quarries records EGP 147.94M in September sales

Arab Finance: Iron and Steel for Mines and Quarries recorded total sales of EGP 147.94 million in September 2026, according to a disclosure.

Sales from the company’s Bahariya Oasis mines included 133,800 tons of iron ore from Crusher 1, valued at EGP 139.9 million. It also sold 1,920.5 tons of high-manganese iron ore from crusher output for EGP 4.9 million and 2,563 tons of high-barium iron ore for EGP 2.9 million.

Production at the Bahariya Oasis mines during September reached 153,900 tons of iron ore from crusher output, alongside 29,300 tons of high-manganese ore from crusher output and 2,300 tons of high-barium iron ore.

It is worth mentioning that the net profits after tax of Iron and Steel for Mines and Quarries shrank by 42.93% to EGP 398.289 million in the first half (H1) of 2026 from EGP 697.990 million in H1 2025.