Egypt faces losing millions over European scrap
Egypt Faces a Potential Crisis Due to Possible European Union Ban on Metal and Iron Scrap Exports Egypt is facing a potential crisis as the European Union considers imposing a ban on the export of metal and iron scrap to the country, which could result in losses amounting to millions of dollars in its industrial exports. The EU has placed Egypt on its list of provisional countries restricted from receiving metal waste, and has requested data on waste management practices to ensure compliance with environmental standards—something Egypt has yet to do. The Egyptian steel and iron sector relies heavily on European scrap imports, having imported approximately 1.8 million tons out of a total of 2.5 million tons in 2025. Data from the first half of 2026 shows a 59.7% increase compared to the same period last year. If European restrictions continue, Egypt will be forced to seek alternative, more expensive sources, increasing production costs and weakening the competitiveness of Egyptian markets. This would adversely affect exports, which have reached $4.2 billion over the past two years. Currently, Egypt is in negotiations with the European Commission to avoid the ban and is working to provide the necessary data to demonstrate its compliance with environmental standards.
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