13,744.64 TRY BIST 100 BIST 100
53.70 EUR EUR EUR
46.30 USD USD USD
6.89 CNY CNY CNY
0.13 CNY CNY/EUR CNY/EUR
43.69 TRY Interest Interest
93.67 USD Fossil Oil Fossil Oil
6.21 USD Copper Copper
94.66 USD Silver Silver
101.28 USD Iron Ore Iron Ore
400.00 USD Shipbreaking Scrap Shipbreaking Scrap
6,089.00 TRY Gold (gr) Gold (gr)
101.00 USD Iron Ore 61% Fe Iron Ore 61% Fe

British steel secures significant rail supply contract in Egypt

British Steel has clinched a substantial contract to provide rail infrastructure for Egypt's ambitious Green Line railway project. The agreement, valued in the multi-million-pound range, underscores British Steel's pivotal role in enhancing connectivity across North Africa.

British steel secures significant rail supply contract in Egypt

British Steel has clinched a substantial contract to provide rail infrastructure for Egypt's ambitious Green Line railway project. The agreement, valued in the multi-million-pound range, underscores British Steel's pivotal role in enhancing connectivity across North Africa.

Under this contract, British Steel will supply a whopping 9,500 tonnes of track from its Scunthorpe facility in the UK. This track will be integral to Egypt's first fully electrified mainline and freight network, which stretches an impressive 660km from the Red Sea to the Mediterranean.

The Green Line project is poised to revolutionize Egypt's transportation landscape, boasting speeds of up to 250km per hour. This high-speed railway promises to not only accommodate passenger traffic but also bolster freight transportation efficiency.

Jérôme Bonef, British Steel's Commercial Manager of Export–Rail, has voiced his excitement about the company's participation in this transformative initiative. He underscored British Steel's unwavering commitment to delivering top-notch quality and ensuring customer satisfaction through timely deliveries.

The Green Line's significance extends beyond its sheer scale; it holds the potential to significantly reduce energy consumption and air pollution in Egypt. Bonef revealed that British Steel is gearing up to dispatch two shipments of rail to Alexandria, the country's northern port, with deliveries slated for this month and June. These supplies will pave the way for the expansion of the railway to the Mediterranean coast via El Alamein in the northwest and to the Gulf of Suez and the Red Sea in the east.

As British Steel continues to play a pivotal role in shaping global transportation infrastructure, this contract underscores its prowess in delivering innovative solutions to meet the evolving needs of emerging economies.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Far East iron ore market shows limited decline and sideways trend

Wednesday, June 17, 2026

ArcelorMittal, thyssenkrupp Steel and voestalpine call for ETS reform for European steel

Wednesday, June 17, 2026

ArcelorMittal Poland plant receives largest iron ore shipment in its history

Wednesday, June 17, 2026

India requests USD 900 million steel quota to break trade deal deadlock with United Kingdom

Wednesday, June 17, 2026

The ISO 500 2025 Rankings Have Been Announced: Steel Companies Shift Positions

Wednesday, June 17, 2026
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now