{"id":688800,"date":"2026-03-18T00:00:00","date_gmt":"2026-03-18T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?p=688800"},"modified":"2026-03-18T03:59:15","modified_gmt":"2026-03-18T03:59:15","slug":"egyptian-engineering-firms-tap-safety-stocks-as-aluminum-prices-soar","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2026\/03\/18\/egyptian-engineering-firms-tap-safety-stocks-as-aluminum-prices-soar\/","title":{"rendered":"Egyptian engineering firms tap safety stocks as aluminum prices soar"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Reserves absorb aluminum price shock, production remains steady:<\/strong> Local engineering factories are currently relying on their raw material inventories to absorb the recent jump in aluminum prices, which pushed them to record highs, Mohamed El Mohandes, chairman of the Chamber of Engineering Industries, tells EnterpriseAM. Production remains unaffected for now, he told us, ruling out supply shortages provided Egypt Aluminum continues meeting local demand.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Why this matters:<\/strong> Manufacturers face a turning point as low-cost inventories run dry, forcing them to purchase at new prices inflated by the prevailing shipping crisis and production disruptions at major smelters like Bahrain\u2019s Alba. While the geographic route for <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/egypt\/inside_industry\/the-hormuz-crisis-is-a-stress-test-for-egyptian-industry-amid-energy-and-export-uncertainty\/\" style=\"\">importing aluminum from India and copper from Russia<\/a> avoids the Strait of Hormuz, it is no longer cost-effective due to surging prices and logistics premiums.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Small businesses are in dire straits: <\/strong>The recent 9.5% price hike by Egypt Aluminum \u2014 to roughly EGP 14k per ton this March \u2014 is exerting significant pressure that could lead to partial production halts at SMEs. Unlike larger manufacturers, these firms lack the capacity to pass on price increases or secure raw materials in advance, Metallurgical Industries Chamber Director Mohamed Hanafi told EnterpriseAM.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Compromising on export quality isn\u2019t even an option: <\/strong>The use of \u201cscrap aluminum\u201d is limited to local applications such as doors and windows, while export-oriented products continue to be manufactured from 100% virgin ore to maintain competitiveness, El Mohandes said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The real hurdle? Shipping costs. <\/strong>Surging transport and ins. costs \u2014 which have quadrupled for some routes \u2014 represent the primary challenge to trade flows, according to Hanafi. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Manufacturers face a turning point as low-cost aluminum inventories run dry, forcing them to purchase at new prices<\/p>\n","protected":false},"author":1,"featured_media":688801,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","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":[8661],"tags":[72,7196,131],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-688800","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industry","tag-enterpriseam","tag-industry","tag-manufacturing","wpautop","entry"],"acf":{"mongo_id":"5486f9f9-1757-43b2-a13b-9a6f04fd65a7","order":"9","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2026\/3\/937.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Engineering firms are trying to absorb the shock","related_issue":[688784],"teaser":"Manufacturers face a turning point as low-cost aluminum inventories run dry, forcing them to purchase at new prices"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Egyptian engineering firms tap safety stocks as aluminum prices soar - 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\/2026\/03\/18\/egyptian-engineering-firms-tap-safety-stocks-as-aluminum-prices-soar\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egyptian engineering firms tap safety stocks as aluminum prices soar\" \/>\n<meta property=\"og:description\" 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