The Trade Ministry is opening a formal investigation into alleged dumping of ferrosilicon products imported from China, India, and Russia following a complaint from the Egyptian Ferrous Alloys Company, the local press reports. Ferrosilicon is an alloy of iron and silicon that is typically used in steel production. The ministry has notified the Chinese, Indian and Russian diplomatic missions in Egypt of the inquiry.
More from Enterprise
AI in Egyptian banking is “in its infancy,” and the pause is deliberate
Bankers say the rules aren’t written yet. Data center builders…
Banks threaten to look beyond London as windfall tax talk grows
International lenders say more tax could tip the balance as…
EFG has three more IPOs lined up before year-end, including one hefty offering
Group CEO Karim Awad credits the central bank’s decision to…
Egyptian-UK fintech Zeal raises USD 10 mn to back expansion plans
The London-based, Egyptian-founded fintech is preparing to activate its loyalty…