steel | Egypt Oil & Gas

Aramco, Baosteel, PIF Ink JV to Establish First Integrated Steel Plate Manufacturing Complex in Saudi Arabia

Aramco, Baoshan Iron & Steel Co., Ltd. (Baosteel), and the Public Investment Fund (PIF) have inked a joint venture (JV) to establish an integrated steel plate manufacturing complex in the Kingdom of Saudi Arabia.

Solb Misr Announces $64m in Losses

Egyptian steel company Solb Misr had losses of around EGP500m ($64m) in 2015, Chairman Gamal El Garhy said.

Sandvik’s Global Metallic Efforts on Behalf of UAE Oilfields

Sandvik Materials Technology, a division within the Sweden-based Sandvik Group, has just won two important contracts in the UA

Unstable Gas Supplies Affect Ezz el Dekheila

Egypt steel producer Al-Ezz Dekheila Steel Company, owned by Ezz Steel, announced Monday it has registered EGP 116m in net losses in the first quarter (Q1) of 2015. The latest figures are down from the EGP 144m in ne ...

Factories Stop Work Due to Massive Natural Gas Shortage

The majority of reinforcing steel and fertilizer plants in Egypt have halted operations as a natural gas shortage hits the country and supplies shrink from the national holding company EGAS.

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