EGYPT: Egypt expects to reach 12 million tons in the year 2004

摘要

Production of the Egyptian Iron and Steel Company of steel products to be sold in 2001/2002 has exceeded one million tons. It has reached 1.089.377 tons compared to 815.097 tons in 2000/2001 that is, up by 237.000 tons. The total sales during 2001/ 2002 amounted to 1,0728 tons compared to 864.900 tons in 2000/2001, that is, up by 108.000 tons. This increase in sales reflects the increase of the rates of demand in the domestic market and in the export markets. The quantity of exports in 2001/2002 amounted to 142.000 tons compared to 129.000 tons during 2000/2001 but they remained less than the exports figure reached in 1999/2000, i.e., 250.000 tons. It is noticeable that the most part of the increase of sales has been brought about in the domestic market which has seen a remarkable improvement in terms of the level of quantities or in terms of the level of prices level.