India to Lead Global Demand for Steel in 2023

• Wednesday, 4th January 2023
• by Invest Gate

The forecast flourishing of Indian demand for steel, coupled with the decelerated demand in China caused by the surge in Covid cases, position India as a savior of the global demand for the metal.

Steel Prices Jump EGP 2,000/Ton

• Wednesday, 2nd November 2022
• by Invest Gate

Mohamed Hanafy, director of the Chamber of Metallurgical Industries, says that steel prices increased in the local market due to a group of reasons, including the rise in the USD exchange rate against the Egyptian ...

Egypt to Maintain Tariffs on Steel Rebar from 3 Countries for 5 Yrs

• Tuesday, 12th December 2017
• by Invest Gate

Egypt will retain tariffs on steel rebar from China, Turkey, and Ukraine for a period of five years

Steel prices Hike by USD 11.205 Per Tonne

• Thursday, 3rd August 2017
• by Menna A. Farouk

Cairo Chamber of Commerce announces that three Egyptian steel producers have raised steel prices for the local market by EGP 200 (USD 11.205) per tonne, Reuters reports.

Steel Rebar Prices Up in Egypt on Import Tariffs

• Monday, 19th June 2017
• by Menna A. Farouk

 Steel rebars used in construction increase by approximately 17% in Egypt after temporary import tariffs on rebars from China, Turkey and Ukraine came into effect last week, Reuters reports.  

Egypt Imposes Tariffs on Chinese, Turkish, Ukrainian Steel

• Wednesday, 7th June 2017
• by Nayrouz Talaat

The Egyptian Trade and Industry Ministry is imposing temporary import tariffs on steel from China, Turkey and Ukraine, Invest-Gate reports.

Steel Prices to Decline by EGP 300 on Average in April

• Monday, 3rd April 2017
• by Leena ElDeeb

Egypt’s steel factories are reducing their prices this month by an average of EGP 300 per ton, given the recession dominating the local market, Invest-Gate reports.

Ezz Steel eyes exports of USD 500-700 mn in 2017

• Sunday, 19th March 2017
• by Nayrouz Talaat

Ezz Steel, a leading steel producer in the Middle East, is eyeing exports ranging between USD 500 mn and USD 700 mn in 2017, Invest-Gate reports.

Payments to Contractors Boost Saudi Steel Prices

• Thursday, 1st December 2016
• by Joana Saba

Steel prices in Saudi Arabia experienced a strong upward surge this month after a government decision to pay construction sector dues, reported Reuters, citing a local newspaper.