22
Mar
17:03
Egyptian Steel plans Sokhna plant commissioning in 2018
Egyptian Steel plans to commission its Ain Sokhna rebar steelworks in early 2018, the firm tells Kallanish. Once this happens the steelmaker says it will produce 2.3 million tonnes/year of saleable steel, taking a 20% share of Egypt’s market.
Last summer the firm commissioned its new Beni Suef plant which has capacities of 600,000 tonnes/year of rebar and 850,000 t/y of square billet. The plant at Ain Sokhna will have identical capacities. Direct reduced i…
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Anonymous
Very good overview of the weekly steel market.
Anonymous