13 Hrs
Source:
مأرب برس
Top-paid football stars for 2026
The report warns that Egypt aims to reach an iron production capacity of 300 million tons by 2026, with a plan to increase current production from around 145 million tons to that level. Data also indicate growth in the output of both local and international companies, with Ezz Steel producing 10 million tons in 2026, and several companies boosting their production to approximately 40 million tons. This development is part of efforts to develop Egypt's steel sector to meet domestic demand and for export purposes. It is projected that the sector's exports will reach a value of $54 billion by 2026, compared to $45 billion in 2023. Additionally, the increase in production and rising demand from both the local market and export channels are expected to strengthen Egypt's position as one of the largest steel producers in the region.
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