Egypt: Iron and Steel for Mines succeeds in exporting its first 3 shipments totaling 150 thousand tons

The Iron and Steel Company for Mines and Quarries announced its success in exporting its first shipment abroad in late November, and work is underway to load the export products during December. The company explained in a disclosure that the total export shipments reached 150 thousand tons, with 3 export shipments. It is noteworthy that the company achieved total sales during last November worth 42.71 million pounds. Iron and Steel for Mines and Quarries achieved a net profit of 23.75 million pounds during the period from July to the end of September 2024, compared to 28.34 million pounds in profits during the comparative period in 2023. The company's revenues increased during the three months to 84.25 million pounds, compared to 69.89 million pounds during the same period in 2023.