Egypt’s Ashry Steel to invest in CRC, HDG production

Egyptian rebar, sections and steel tube and pipe producer Ashry Steel will invest in new plant for the production of 500,000 tonnes per year of cold-rolled coil (CRC) and 350,000 tpy of hot-dipped galvanized coil (HDG), Metal Bulletin has heard.

The plant equipment will be supplied by Primetals at a cost of about $100 million, Ayman Ashry Morgan, chairman of El Ashry Group, the owner of Ashry Steel, said. No further details were available at the time of publication.


Serife Durmus

November 15, 2017

14:57 GMT