{"id":605150,"date":"2018-12-23T04:40:13","date_gmt":"2018-12-23T04:40:13","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/23\/el-marakby-for-steel-to-establish-new-egp-500-mn-factory-in-egypt\/"},"modified":"2018-12-23T04:40:13","modified_gmt":"2018-12-23T04:40:13","slug":"el-marakby-for-steel-to-establish-new-egp-500-mn-factory-in-egypt","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/23\/el-marakby-for-steel-to-establish-new-egp-500-mn-factory-in-egypt\/","title":{"rendered":"El Marakby for Steel to establish new EGP 500 mn factory in Egypt"},"content":{"rendered":"

El Marakby for Steel<\/a> will establish a new EGP 500 mn factory as part of its expansion plans, CEO Hassan El Marakby told Al Shorouk<\/a>. The new factory, which will see El Marakby\u2019s production capacity increase by 25%, is expected to be completed within two years.<\/p>\n","protected":false},"excerpt":{"rendered":"

El Marakby for Steel will establish a new EGP 500 mn factory as part of its expansion plans, CEO Hassan El Marakby told Al Shorouk. The new factory, which will see El Marakby\u2019s production capacity increase by 25%, is expected to be completed within two years.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7255],"tags":[317,72,131,304],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-605150","post","type-post","status-publish","format-standard","hentry","category-manufacturing","tag-commodities","tag-enterpriseam","tag-manufacturing","tag-ukraine","wpautop","entry"],"acf":{"mongo_id":"77bff933-3f0d-4f1f-9d84-3bcced6c4523","order":"0","is_powered_by":true,"section_story_id":"146e0837-f5cc-47e2-b204-b0b43a711042","story_type":"1","photo_url":"","photo_position":"above","related_issue":[605115],"teaser":"","voice_url":""},"yoast_head":"\nEl Marakby for Steel to establish new EGP 500 mn factory in Egypt - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/23\/el-marakby-for-steel-to-establish-new-egp-500-mn-factory-in-egypt\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"El Marakby for Steel to establish new EGP 500 mn factory in Egypt\" \/>\n<meta property=\"og:description\" content=\"El Marakby for Steel will establish a new EGP 500 mn factory as part of its expansion plans, CEO Hassan El Marakby told Al Shorouk. The new factory, which will see El Marakby\u2019s production capacity increase by 25%, is expected to be completed within two years.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/23\/el-marakby-for-steel-to-establish-new-egp-500-mn-factory-in-egypt\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-12-23T04:40:13+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/23\/el-marakby-for-steel-to-establish-new-egp-500-mn-factory-in-egypt\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/23\/el-marakby-for-steel-to-establish-new-egp-500-mn-factory-in-egypt\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"El Marakby for Steel to establish new EGP 500 mn factory in Egypt\",\"datePublished\":\"2018-12-23T04:40:13+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/23\/el-marakby-for-steel-to-establish-new-egp-500-mn-factory-in-egypt\/\"},\"wordCount\":57,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"commodities\",\"EnterpriseAM\",\"Manufacturing\",\"Ukraine\"],\"articleSection\":[\"Manufacturing\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/23\/el-marakby-for-steel-to-establish-new-egp-500-mn-factory-in-egypt\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/23\/el-marakby-for-steel-to-establish-new-egp-500-mn-factory-in-egypt\/\",\"name\":\"El Marakby for Steel to establish new EGP 500 mn factory in Egypt - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2018-12-23T04:40:13+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/23\/el-marakby-for-steel-to-establish-new-egp-500-mn-factory-in-egypt\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/23\/el-marakby-for-steel-to-establish-new-egp-500-mn-factory-in-egypt\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/23\/el-marakby-for-steel-to-establish-new-egp-500-mn-factory-in-egypt\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"El Marakby for Steel to establish new EGP 500 mn factory in Egypt\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"El Marakby for Steel to establish new EGP 500 mn factory in Egypt - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/23\/el-marakby-for-steel-to-establish-new-egp-500-mn-factory-in-egypt\/","og_locale":"en_US","og_type":"article","og_title":"El Marakby for Steel to establish new EGP 500 mn factory in Egypt","og_description":"El Marakby for Steel will establish a new EGP 500 mn factory as part of its expansion plans, CEO Hassan El Marakby told Al Shorouk. The new factory, which will see El Marakby\u2019s production capacity increase by 25%, is expected to be completed within two years.","og_url":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/23\/el-marakby-for-steel-to-establish-new-egp-500-mn-factory-in-egypt\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2018-12-23T04:40:13+00:00","author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/23\/el-marakby-for-steel-to-establish-new-egp-500-mn-factory-in-egypt\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/23\/el-marakby-for-steel-to-establish-new-egp-500-mn-factory-in-egypt\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"El Marakby for Steel to establish new EGP 500 mn factory in Egypt","datePublished":"2018-12-23T04:40:13+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/23\/el-marakby-for-steel-to-establish-new-egp-500-mn-factory-in-egypt\/"},"wordCount":57,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"keywords":["commodities","EnterpriseAM","Manufacturing","Ukraine"],"articleSection":["Manufacturing"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/23\/el-marakby-for-steel-to-establish-new-egp-500-mn-factory-in-egypt\/","url":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/23\/el-marakby-for-steel-to-establish-new-egp-500-mn-factory-in-egypt\/","name":"El Marakby for Steel to establish new EGP 500 mn factory in Egypt - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2018-12-23T04:40:13+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/23\/el-marakby-for-steel-to-establish-new-egp-500-mn-factory-in-egypt\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2018\/12\/23\/el-marakby-for-steel-to-establish-new-egp-500-mn-factory-in-egypt\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/23\/el-marakby-for-steel-to-establish-new-egp-500-mn-factory-in-egypt\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"El Marakby for Steel to establish new EGP 500 mn factory in Egypt"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":576188,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/12\/nbe-could-provide-egp-200-mn-credit-facility-for-el-marakby-steel-within-weeks\/","url_meta":{"origin":605150,"position":0},"title":"NBE could provide EGP 200 mn credit facility for El Marakby Steel within weeks","author":"enterpriseam admin","date":"12 November 2020","format":false,"excerpt":"The National Bank of Egypt finalizing talks to provide a EGP 200 mn credit facility to ElMarakby Steel, according to Al Mal, citing unnamed sources close to the negotiations. The credit facility would come as a larger EGP 370 mn joint facility with an unnamed private bank to provide the\u2026","rel":"","context":"In "Banking + Finance"","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":662857,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/03\/24\/el-marakby-steel-is-carrying-out-a-usd-30-mn-export-push\/","url_meta":{"origin":605150,"position":1},"title":"El Marakby Steel is carrying out a USD 30 mn export push","author":"enterpriseam admin","date":"24 March 2025","format":false,"excerpt":"PLUS- TBS Holding plans to carry out a EGP 250 mn local expansion plan over the coming three years","rel":"","context":"In "Also on our Radar"","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/3\/1872.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":599906,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/14\/egypts-pellet-producers-face-threats-from-cheap-imports\/","url_meta":{"origin":605150,"position":2},"title":"Egypt\u2019s pellet producers face threats from cheap imports","author":"enterpriseam admin","date":"14 January 2019","format":false,"excerpt":"Local iron pellet producers have submitted requests to the Trade Ministry to impose import tariffs of at least 10% on imported alternatives, saying they could shut down their facilities without the levy, El Marakby for Steel CEO Hassan El Marakby told Reuters\u2019 Arabic service. The producers, who are operating at\u2026","rel":"","context":"In "Manufacturing"","block_context":{"text":"Manufacturing","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/manufacturing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":666246,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/06\/01\/ashry-steel-to-build-eur-600-mn-stainless-pipe-plant\/","url_meta":{"origin":605150,"position":3},"title":"Ashry Steel to build EUR 600 mn stainless pipe plant","author":"enterpriseam admin","date":"1 June 2025","format":false,"excerpt":"Ashry Steel\u2019s new plant will have an initial annual production capacity of 250k tons","rel":"","context":"In "Manufacturing"","block_context":{"text":"Manufacturing","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/manufacturing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/6\/10.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":683100,"url":"https:\/\/enterpriseam.com\/egypt\/2026\/01\/25\/egyptian-steel-faces-a-total-export-freeze-to-the-us-under-hiked-tariffs\/","url_meta":{"origin":605150,"position":4},"title":"Egyptian steel faces a total export freeze to the US under hiked tariffs","author":"enterpriseam admin","date":"25 January 2026","format":false,"excerpt":"A new 29.51% countervailing duty on Egyptian rebar comes on top of an existing 50% rate on steel imports","rel":"","context":"In "The Big Story Today"","block_context":{"text":"The Big Story Today","link":"https:\/\/enterpriseam.com\/egypt\/category\/the-big-story-today\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/6\/404.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":559017,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/01\/05\/at-lease-gears-up-for-new-securitization\/","url_meta":{"origin":605150,"position":5},"title":"AT Lease gears up for new securitization","author":"enterpriseam admin","date":"5 January 2021","format":false,"excerpt":"AT Lease gets preliminary approval for 1Q2021 securitized bond sale: AT Lease is looking to issue securitized bonds before the end of the quarter after receiving an early go-ahead from regulators, the company said in an EGX filing (pdf). The company said last year that it was looking to offload\u2026","rel":"","context":"In "DEBT WATCH"","block_context":{"text":"DEBT WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/debt-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/1\/56.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/605150","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=605150"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/605150\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/605115"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=605150"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=605150"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=605150"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=605150"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=605150"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}