Ashry Steel Group, founded in 1980, is a conglomerate of seven companies that operate in the iron and steel industry. The group has established itself as a prominent player in the sector, offering a diverse range of products. Their production capabilities encompass various areas, including reinforcing steel, light sectors, and the manufacturing of longitudinal welding pipes.
The group's comprehensive product portfolio caters to a wide range of applications, ensuring they can serve various sectors of the market. As a leading player in the iron and steel industry, Ashry Steel Group prides itself on its dedication to innovation, technological advancements, and continuous improvement.
arcosteel has acquired the Arab Special Steel Company (Arcosteel), it represents a significant development in the iron and steel industry. By acquiring Arcosteel, Al-Ashry Steel Group can potentially increase its production capacity, access new customers and distribution channels, and further solidify its presence in both domestic and international markets.
Al-Ashry Steel Group's acquisition of ArcoSteel aligns with their expansion plan, aimed at increasing their market share in the local steel industry. By acquiring ArcoSteel, they aim to secure a 22% share of the steel market in Egypt. This strategic move allows Al-Ashry Steel Group to strengthen its presence and competitiveness in the industry.
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