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Awards & Recognitions

Construction Business News Ranks Egyptian Steel as the 5th Strongest Company in the Middle East

24 July, 2016
Construction Business News” magazine ranked Egyptian Steel Group as the fifth strongest company in the Middle East, leaping 10 ranks from last year’s ranking as number 15. This ranking was based on the group’s achievements and success in the steel industry, especially with the launching of the Beni Suef steel plant which is the biggest plant in the world that produces green steel using eco-friendly technology. 
 
The magazine mentioned in its annual report which presented the status of 60 global companies in various fields, that the production capacity in Beni Suef Plant is 830,000 tons annually knowing that the 2 other plants that use the same technology’s production capacity does not exceed 250,000 tons annually. 
 
The report also mentioned that Egyptian Steel is going to launch Al Ain Al Sokhna plant project using the same technology of the Beni Suef Plant and the same production capacity in 2017.
 
The production capacity in Egyptian Steel Group will be 2.3 million tons, and it seeks to acquire 20-25 % of the steel market share after all plants are fully operational.