While the production capacity of the reinforcement steel mills in Egypt is about 12 million tons from nearly 28 steel factories, there is a new production capacity to enter the steel market where there are 5 steel factories are underway in the current period to increase the production capacity of their factories by 2019.
The 5 factories are: Kandil Steel aims to establish new production line and increase the production capacity of the plant from 600 thousand tons per year to 900 thousand tons by 2019. Al-Gioshy Steel Group- plans to establish a new production line with 420,000 tons capacity, pointing out that the current production capacity of the plant at the present around 180 thousand tons.
Al-Ashry Steel Group aims to expand its investment through the establishment of a new factory to produce cold flat steel with a production capacity of 350 thousand tons per year. El-Marakby Steel has started implementing a new rolling line at El-Marakby Steel with a production capacity of 400 thousand tons. The total production of the plant will reach about 750 thousand tons annually.
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