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Moody’s raises Egypt’s local and foreign currency ratings to B3 and kept a positive outlook
Good morning, nice people. Before getting into the news of the day, we have an announcement of our own. After…
The EU is proposing to cut Egypt off from its steel scrap
Brussels’ draft waste rules would strip Egypt of a core mill feedstock just as EU and US tariffs squeeze its…
Ezz Steel in talks to set up an industrial base in Algeria
The steel giant’s pivot allows it to secure a low-cost green energy base with easy access to EU export markets
Downstream industries push back as Egypt considers three-year extension for steel and billet anti-dumping duties
The government seeks to cut 1 mn tons in annual imports to foster local industrial expansion
Egyptian steel faces a total export freeze to the US under hiked tariffs
A new 29.51% countervailing duty on Egyptian rebar comes on top of an existing 50% rate on steel imports
Egyptian Administrative Court keeps steel import tariffs
The Administrative Court has decided to refer to commissioners a lawsuit against the Trade Ministry’s decision to impose import tariffs…