Egypt Steel Market Size is Expected to Reach USD 4,481.93 Million By 2033 | CAGR: 3.09%

Egypt Steel Market Overview

Market Size in 2024: USD 3,408.13 Million

Market Size in 2033: USD 4,481.93 Million

Market Growth Rate 2025-2033: 3.09%

According to IMARC Group's latest research publication, "Egypt Steel Market Size, Share, Trends and Forecast by Components, Material Used, End User, and Region, 2025-2033", the Egypt steel market size reached USD 3,408.13 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 4,481.93 Million by 2033, exhibiting a growth rate (CAGR) of 3.09% during 2025-2033.

How AI is Reshaping the Future of Egypt Steel Market

● AI-Powered Predictive Maintenance: AI algorithms at Ezz Steel's Suez plants analyze sensor data to forecast equipment failures, reducing downtime by 25% and boosting production efficiency in Egypt's 9 million ton annual output.

● Quality Control Automation: Computer vision systems inspect steel sheets in real-time at Alexandria factories, cutting defects by 20% and ensuring compliance with EU export standards amid the $2.1 billion market.

● Supply Chain Optimization: Machine learning forecasts raw material demands for Hadid Steel, minimizing delays by 30% and supporting Vision 2030-inspired logistics in the Nile Delta region.

● Energy Efficiency Modeling: AI simulates furnace operations to lower energy use by 15%, aligning with Egypt's National AI Strategy (2025-2030) for sustainable industrial practices in steel manufacturing.

Grab a sample PDF of this report: https://www.imarcgroup.com/egypt-steel-market/requestsample

Egypt Steel Market Trends & Drivers:

Digital transformation fuels 35% of Egypt's steel market growth, with AI-driven platforms optimizing $2.1 billion in production processes. Cairo and Suez lead, as Vision 2030 integrates smart manufacturing, boosting efficiency by 25% for 70% of producers like Ezz Steel. Digital tools cut logistics costs by 20%, aligning with 98% industrial digitization and positioning Egypt as a hub for tech-driven steel exports amid rising construction demands.

Sustainable production practices drive 30% market expansion, with Egypt's eco-initiatives promoting low-carbon steelmaking that reduces emissions by 15%. Companies adopt green furnaces, appealing to 60% of EU buyers prioritizing ESG compliance. Government investments, including $500 million for industrial tech, support energy-efficient plants, fostering innovation and alignment with global standards in the $2.1 billion steel sector.

Urbanization and infrastructure projects propel 40% demand surge, with Egypt's market backed by 4,000 construction initiatives. Suez Canal Economic Zone expansions and $500 billion in regional investments drive steel consumption, supported by 7% annual growth. High-demand sectors, with 65% of output for construction and automotive, leverage unified trade policies, cementing Egypt's role as a key player in MENA's steel trade.

Egypt Steel Industry Segmentation:

The report has segmented the market into the following categories:

Type Insights:

● Flat Steel
● Long Steel

Product Insights:

● Structural Steel
● Prestressing Steel
● Bright Steel
● Welding Wire and Rod
● Iron Steel Wire
● Ropes
● Braids

Application Insights:

● Building and Construction
● Electrical Appliances
● Metal Products
● Automotive
● Transportation
● Mechanical Equipment
● Domestic Appliances

Regional Insights:

● Greater Cairo
● Alexandria
● Suez Canal
● Delta
● Others
● Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Recent News and Developments in Egypt Steel Market

● September 2025: Egypt's government imposes safeguard duties of 16.2% on imported steel billets to protect local producers amid unprecedented import surges, supporting the industry's 10.7 million ton annual output.

● August 2025: Rebar prices in Egypt stabilize between EGP 31,500 and EGP 38,200 per ton, with Ezz Steel at EGP 38,200, reflecting steady demand despite global raw material fluctuations.

● April 2025: Suez Canal Economic Zone signs contract for Massoud Steel Company's metal containers project in Sokhna, enhancing manufacturing capacity and creating jobs in the $3.4 billion steel sector.

● January 2025: Egyptian-Qatari partnership launches a USD 100 million iron and steel plant in Qena, targeting rebar production and regional exports to boost domestic output by 3%.

Note: If you require specific details, data, or insights that are not currently included in the scope of this report, we are happy to accommodate your request. As part of our customization service, we will gather and provide the additional information you need, tailored to your specific requirements. Please let us know your exact needs, and we will ensure the report is updated accordingly to meet your expectations.

About Us:

IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provides a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

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This release was published on openPR.