Egypt: Iron and Steel for  Mines  Sales to Reach EGP 125 Million in June
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Steel NewsJuly 28, 20251 min read

Egypt: Iron and Steel for Mines Sales to Reach EGP 125 Million in June

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The Iron and Steel Company for Mines and Quarries reported total sales of EGP 124.99 million for the month of June 2025.

In a disclosure to the Egyptian Exchange, the company stated that sales from the Bahariya Oasis mines accounted for EGP 124.95 million, while sales from the Beni Khaled-Samalut quarries amounted to approximately EGP 34,650.

It is worth noting that the company recorded a net profit of EGP 431.96 million for the period from July to the end of March 2025, compared to EGP 113.25 million during the same period of the previous fiscal year.

Total revenues for the same nine-month period reached EGP 834.72 million, up from EGP 252.58 million a year earlier.

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Egypt: Iron and Steel for Mines Sales to Reach EGP 125 Million in June - Arab Iron and Steel Union