Egypt opens new EGP 500m steel factory

Cairo - Mubasher: The Egyptian minister of trade and industry, Tarek Kabil has inaugurated on Saturday a new steel factory in 6 October city.

Investments in the project are estimated at EGP 500 million, and it will have a production capacity of 240,000 tons per year.

More investments will be pumped in El Jiyashi factory in the upcoming to establish a new production line, which will increase overall capacity to 600,000 tons.

Mubasher Contribution Time: 13-Jan-2018 19:21 (GMT)
Mubasher Last Update Time: 13-Jan-2018 19:21 (GMT)