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Egypt plans $1bln site for flat steel production – Cabinet
Sama Mousa Published in Amwal Al Ghad on 13 - 09 - 2023

Egypt is set to establish an industrial compound for flat steel production with investments worth $1 billion, the Cabinet said in a statement on Wednesday.
The compound has a flat steel production capacity of 1.8 million metric tons per year, and will target global exports and serve the local market as well.
The General Authority for Suez Canal Economic Zone approved the project and will be established in cooperation with an international company, said the Cabinet.

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