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بوابة أخبار اليوم
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Engineer Zada Aims to Close Silicon Manganese Gap
Engineer Mohamed Zada, Assistant Minister of Industry for Strategic Industries, confirmed that Egypt is working to bridge the gap in the production of silicon manganese alloy, which is one of the most important raw materials in the steel industry. Currently, domestic production covers only 10% of the market, and Egypt imports approximately $150 million worth annually. This amount is expected to rise to $220 million within two years due to increased industrial activity. The government plans to double the production capacity of existing factories, especially Sina Manganese Company, through expanded exploration and increased reserves. Additionally, there are investment opportunities being offered to establish new factories in partnership with foreign investors, with the aim of reducing reliance on imports and achieving local self-sufficiency as soon as possible.
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