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04 Nov
15:56

Egyptian imports inch down in 2015/16 fiscal year

Egyptian imports of iron and steel in the fiscal year through June 2016 (FY16) fell -4% on-year to $2.48 billion, Kallanish learns from the latest Central Bank of Egypt data. Imports of iron ore in the period fell -29% to $389 million. The Arab countries supplied $602.1m of steel in FY16, up 18% on-year, and therefore overtook the EU as Egypt’s largest steel provider. The EU came second, despite a -28% drop to $497m, followed by Asia with a -2% fall t…
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