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بوابة الفجر
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Industry Authority Grants 8 Billet Licenses
The General Authority for Industrial Development has announced the offering of 8 new licenses for the production of continuous casting slabs ("billets") with a total capacity of 2.8 million tons annually. The aim is to increase local production of iron and steel and to reduce imports, thereby supporting domestic rolling mills and strengthening the local industry in Egypt. The offer includes 4 licenses, each with a production capacity of 500,000 tons, and another 4 licenses, each with a capacity of 200,000 tons. Investors are encouraged to submit their applications between August 11 and August 20, 2026, with proposals due by September 9, 2026. This initiative is part of a strategy to enhance value chains and support the sustainability of manufacturing inputs in the iron and steel sector.
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