BO Types Filter
07.08.2026
SA1E Alcosta AL-COT Aluminized Steel Alloy Corrosi...
07.08.2026
Induction Hardened ASTM Alloy 4140 Steel Hollow Ch...
07.08.2026
High Strength 2mm Tc4 Gr5 Grade 5 Titanium Alloy P...
07.08.2026
Cheapest Price Made in China Bendable Rebar 15m Re...
07.08.2026
Iron Plate Iron Metal Sheet Scrap for Bulliding Ma...
06.08.2026
99.99% Copper Coil Cold Rolled 0.75mm Thickness C1...
06.08.2026
Rebar Steel ASTM A615 Grade 60 10mm Reinforcement ...
06.08.2026
4130 S35 St52 Precision Seamless Alloy Steel Pipe ...
06.08.2026
High Hardness Carbon Steel Coils Hot Rolled Coil A...
06.08.2026
Top Quality Aluminum Alloy Rod / Bar 6061 6063 608...
Steel & Metal
- Egypt -

Egypt Leads Africa's Crude Steel Production Growth in Early 2024

Africa's crude steel production has seen a notable increase in the first five months of 2024, with Egypt at the forefront of this growth. According to recent data, the continent's total crude steel output rose by 5.4% year-on-year, reaching 9.18 million tonnes compared to 8.7 million tonnes in the same period of 2023.

Egypt, the continent's leading steel producer, demonstrated impressive growth with a 13.3% year-on-year increase in production. The country's output reached 4.48 million tonnes, up from 3.95 million tonnes in the previous year.

This significant surge in Egypt's steel production has been a key driver of Africa's overall growth in the sector.

The positive trend in Africa's steel industry is further supported by the latest data from the World Steel Association (worldsteel). In May 2024 alone, Africa produced 1.8 million tonnes of crude steel, marking a 0.9% increase compared to May 2023. This consistent growth throughout the year underscores the region's expanding role in global steel production.

While Egypt has been the primary force behind this growth, other African countries have also contributed to the continent's rising steel output. The collective effort of six African nations reporting to worldsteel has resulted in this notable increase, highlighting the region's growing importance in the global steel market.
As Africa continues to strengthen its position in the steel industry, Egypt's performance serves as a benchmark for other countries in the region, potentially inspiring further growth and development in the continent's steel sector.

Iron ore futures extend gains as China outlines stricter steel capacity controls

Baosteel Q3 net profit jumps 130% on demand recovery and resilient exports

LME proposes permanent curbs on large nearby positions amid depleted stocks, zinc squeeze

China lifts curbs on Hancock Prospecting’s MB fines purchases, easing iron ore trade friction

China’s CISA mills lift early‑October crude steel output 7.5%; inventories also climb

India’s steelmakers seek relief from import curbs as H1 met coke shortfall widens

China iron ore futures slip; Tangshan concentrate prices steady amid tight supply

Indonesia suspends all scrap metal imports after radioactive contamination detected

Serbia asks EU to exempt it from proposed new steel tariffs and quota cuts

U.S. judge signals approval of Rio Tinto’s $138.75 million Oyu Tolgoi investor settlement

Rio Tinto says strong Q4 needed to hit iron‑ore target after Q3 shipments of 84.3 mt; China demand firm

ArcelorMittal’s M&A chief in South Africa for talks on sale of local unit, sources say

EU plan to halve steel import quotas and double out‑of‑quota tariff to 50% raises Indian export risk

Copper tops $11,000/t on LME as supply disruptions and fund buying lift prices