Egypt’s Ezz Steel sees 176% rise in exports by year-end

Egypt’s largest steel producer Ezz Steel targets a 176 percent rise in exports, to record $500 million at the end of 2017 from $181 million last year, its marketing director George Matta said Monday.

Egypt’s iron exports are expected to reach 300,000 tonnes this year, compared to around 141,000 tonnes in 2016, Matta said.