Egypt - Latest news GMK Center

The proposal provides for their continuation and a gradual reduction in the duty rate

The project is considered one of the most anticipated investments in the country's steel sector

In the context of global protectionism, the company will rely on domestic demand

The funds will be used to increase production for the automotive, machine-building, and engineering industries

The company is modernizing its plants, building a limestone workshop, and aims to increase exports to 30%

Cairo is working on programs to reduce emissions and attract green investments

Measures aimed at expanding the country's production capacity and reducing imports

The company is positioning itself to increase its competitiveness in the EU market

Temporary duties have also been imposed on other categories, in particular billets

Suez Steel and China's Xinfeng launch new production facilities to develop Egypt's steel sector

The proceedings were initiated following a complaint from local producers of these products

The European market is one of the main export markets for the company