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Download scientific diagram a Map of Egypt showing the distribution of iron ores deposits red spots and the study area Spot 8 b Google image of Wadi Abu Subeira and iron ores
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·Iron ore prices are expected to remain weak in 2025 with analysts projecting further declines due to lackluster steel demand in China and steady supply growth with additional output from greenfield projects ANZ Research s iron ore price forecast for 2025 projected the commodity to average $93/ton down from an estimated $104/ton in 2024
·In 2023 Egypt witnessed a major boom in its iron and steel exports rising by 65% year on year to reach $ billion a significant increase compared to $ billion the previous year According to a report issued by the Export Council for Building Materials Refractories and Metals Egyptian suppliers succeeded in penetrating the markets of
·The Export Council of Building Materials revealed that Egypt s iron and steel exports rose by 4% to $200 million from January to February 2022 compared to $192 million in the same period last year In its monthly report the Council added that Spain received iron and steel products worth $ million from January to February Egypt s iron and steel
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6 ·Egyptian Iron and Steel Company Company profile business summary shareholders managers financial ratings industry sector and market information Egyptian
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·Per Share Data Egyptian Iron & Steel Co All values updated annually at fiscal year end Earnings Per Sales Tangible Book Operating Working
·Fiscal year is July June All values EGP Millions 2021 2020 2019 2018 2017 5 year trend; Sales/Revenue 344 1 083 1 243 1 618 1 620
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·Egypt s imports of steel during the first quarter of 2024 amounted to about $ billion accounting for % of total Egyptian imports during this period an increase of % compared to the same period in 2023 which amounted to $ million The 9 largest countries exporting iron and steel to Egypt
Top Suppliers of Iron and Steel to Egypt in 2022 Ukraine tons China tons Germany tons Russia tons United Kingdom tons Tunisia tons Iron and Steel Exports in Egypt For the fourth year in a row Egypt recorded growth in overseas shipments of iron and steel which increased by 20% to 167K tons in 2022
·Ancient Egypt s oldest iron artefacts were made from meteorite new research has confirmed The 9 small tubular beads were found in graves at Gerzeh a Pre Dynastic cemetery about 70km 43 miles south of Cairo in 1911 1912 Dated to 3350 BC they significantly pre date the earliest evidence for iron smelting in Egypt which is thought to have
·The Egyptian Iron and Steel Company is the first building block in the Egyptian iron industry and it was established in 1954 After generating electricity from the Aswan Reservoir discussions about establishing an iron and steel factory began in 1932 In the 1940s industry companies were limited to exploiting scrap leftovers from World War II
6 ·Egyptian Iron and Steel specializes in manufacturing and marketing steel products The group s activity is primarily organized around 2 families of products flat steels hot and cold rolled products coated sheets steel bars molded steels etc ; bar steels beams rebar merchant steels railroad rails special profiles etc
·The latest Egyptian Iron and Steel stock prices stock quotes news and history to help you invest and trade smarter Menu icon A vertical stack of three evenly spaced horizontal lines
·Three types of iron ore have been distinguished in the provided areas; 1 Ferruginous sandstone iron ore 2 Oolitic iron ore and 3 Ferruginous concretion iron ore Fe2O3 content in the
Egyptian Iron & Steel is based in Cairo Egypt and was established in January 1991 Company Establish Date 01 January 1991 Financial Year Start First Quarter Auditor Central Auditing Organization; Ownership Metallurgical Industries Holding Co
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·Per Share Data Egyptian Iron & Steel Co All values updated annually at fiscal year end Earnings Per Sales Tangible Book Operating Working
·In 2019 the amount of iron ores exported from Egypt totaled X tons growing by X% against 2018 Over the period under review exports recorded significant growth The most prominent rate of growth was recorded in 2011 when exports increased by
·Among the top ten countries importing from Egypt Türkiye emerged as the frontrunner during the current year Its robust demand for Egyptian iron and steel products underscores strong bilateral trade relations The United States Spain Italy and Romania followed closely demonstrating their reliance on Egypt s quality steel offerings
·The Egyptian Iron & Steel Company plant in Cairo started its operation in 1957 It is considered one of the oldest public sector companies in Egypt In January of 2021 the government took a decision to liquidate the company due to losses of nearly $450 millions Plant Details Table 1 General Plant Details
Find company research competitor information contact details & financial data for EGYPTIAN SPONGE IRON AND STEEL COMPANY SAE of Cairo Cairo Get the latest business insights from Dun & Bradstreet
So EGYPTIAN IRON & STEEL technincal analysis shows the strong buy rating today and its 1 week rating is buy Since market conditions are prone to changes it s worth looking a bit further into the future — according to the 1 month rating EGYPTIAN IRON
