icon

Egypt - Latest news GMK Center

Photo – China’s Xinfeng Steel plans to build an industrial complex in Egypt
China’s Xinfeng Steel plans to build an industrial complex in Egypt

The total amount of investments will be almost $1.7 billion

Photo – Egypt investigates dumping of cold-rolled and coated steel products from Turkey and China
Egypt investigates dumping of cold-rolled and coated steel products from Turkey and China

The investigation was initiated by local steel producers Al-Obour Metal Industries and Kama Metal Coating and Processing

Photo – Egypt supports decarbonization of the steel industry
Egypt supports decarbonization of the steel industry

Investments in green capacity modernization will support the competitive advantage of local manufacturers in export markets

Photo – Egypt considers Danieli’s plan to create a green steel complex
Egypt considers Danieli’s plan to create a green steel complex

The cost of the proposed project is $4 billion

Photo – Egyptian Kandil Steel will receive a $25 million loan from IFC
Egyptian Kandil Steel will receive a $25 million loan from IFC

The company plans to increase the production of flat rolled products

Photo – Egypt to build a plant for the production of flat rolled products for $1 billion
Egypt to build a plant for the production of flat rolled products for $1 billion

The capacity of the plant will be about 1.8 million tons of steel products per year

Photo – Egypt extended duties on rebar from Ukraine, China and Turkiye for 4 years
Egypt extended duties on rebar from Ukraine, China and Turkiye for 4 years

Duties apply to long products under codes 7213, 7214

1 2