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المصدر
Government establishes committee for steel billet pricing
The Egyptian government has focused on supporting the steel and iron industry through meetings with integrated, semi-integrated factories, and rolling mills to address challenges arising from global circumstances, particularly concerning the availability of billets at reasonable prices. During these meetings, market conditions, the availability of quantities and technical specifications of billets, and ways to enhance integration across production stages were discussed. The ministry has also issued new licenses for billet production to expand output and reduce reliance on imports, while monitoring market procedures to ensure stable supplies and maintain balance across all stages of the industry. These efforts are part of the implementation of a decision to protect the national economy from harmful practices and to strengthen the competitiveness of the Egyptian steel and iron industry, especially in light of global challenges such as the European Union's study of imposing export restrictions on scrap metal.
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