steel

Steel price declines between LE100-300 in June
Business

Steel price declines between LE100-300 in June

Steel companies have declared the lowest prices for its products during the month of June. Seven companies reduced the prices…
Steel rebar prices drop by LE25 to LE100 per ton
Egypt

Steel rebar prices drop by LE25 to LE100 per ton

Several steel companies have reduced their prices by LE25-LE100 per ton, compared to April's prices. Elmarakby Steel has reduced its prices…
Rebar-producing factories decide on fixed prices for May
Business

Rebar-producing factories decide on fixed prices for May

Most rebar-producing factories have decided to fix the prices of the products sold to consumers in May at LE4,800 per…
Steel workers protest in Suez
Egypt

Steel workers protest in Suez

More than 350 workers of the Egyptian Iron and Steel Company in Suez have staged a sit-in to demand the…
Ahmed Ezz gives up illegally obtained factory license
Egypt

Ahmed Ezz gives up illegally obtained factory license

Steel mogul Ahmed Ezz renounced on Tuesday the steel manufacturing license he had illegally obtained.
Steel factories may halt operations over dollar shortage
Business

Steel factories may halt operations over dollar shortage

Several steel manufacturers have revealed that they might stop their productions within the next few days, citing bank’s inability to…
State steel company workers resume strike amid government disregard
Egypt

State steel company workers resume strike amid government disregard

About 12,000 workers at the state-owned Egyptian Iron and Steel Company entered a third day of a strike they resumed…
In first appearance since release, Ezz prays for Mubarak’s recovery
Egypt

In first appearance since release, Ezz prays for Mubarak’s recovery

In his first public appearance since his release from detention in August, steel mogul Ahmed Ezz has wished former president…
Steel manufacturers mull gas price reduction request to govt
Business

Steel manufacturers mull gas price reduction request to govt

Steel factories are eyeing requests to the Ministry of Industry, Trade and SMEs to modify energy prices for the steel…
Egypt, Gulf steel players unite in face of dumping
Business

Egypt, Gulf steel players unite in face of dumping

Fears of market dumping by Chinese, Turkish and Ukrainian steel products have dominated the 2014 Arab Steel Summit currently held…
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