Egypt's iron and steel exports grow by 46% in 5 months

Egypt's exports of iron and steel grew by 46% during the first five months of 2023, hitting $943 million, compared to $647 million during the same period of 2022, according to the monthly report issued by the Export Council for Building Materials, Refractory, and Metallurgy Industries (ECBM).

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The report indicated that a total of 69 countries received imports of iron and steel from Egypt during the January-May period. Spain’s imports of iron and steel from the North African country were valued at $187.745 million, rising by 32% year on year (YoY). Moreover, Egypt’s iron and steel exports to Türkiye surged by 1,388% to $109.261 million in the period from January to May. Additionally, the US imported $103.536 million worth of Iron and steel from Egypt, while the country’s exports to Italy fell by 20% YoY to $95.195 million.

Planning is well for the Global platform for Metec / Gifa / Tube / Wire /  Middle East Africa 2023 alongside with Metal & Steel Middle East 2023 that will be taking place 2nd – 4th September 2023 in New Cairo - Egypt. 

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Date: 2nd - 4th September 2023
Venue: Egypt International Exhibition Center (Hall number 3&4)
Visiting hours: 11:00am to 8:00pm

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