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Suez Steel aims to reduce imports worth USD 1 billion with 5 million tons of production

Suez Steel has significantly increased its iron and steel production capacity in the region by reaching an annual production of 5 million tons of iron ore and pellets with new plant investments.

Suez Steel aims to reduce imports worth USD 1 billion with 5 million tons of production

As one of the largest iron and steel producers in the region, Suez Steel has realized a significant leap in production and technology capacity with the commissioning of two new plants. With the new ore beneficiation plant with an annual production capacity of 5 million tons, the company aims to reduce its dependence on imports and save USD 400 million. The 800,000 tons of annual capacity of the railway and heavy steel profile production facility will play a regional role in infrastructure projects. It was stated that the projects are the work of a sustainable, innovative and technological industrial vision by strengthening domestic production.

The newly opened 4th rolling mill will be realized in two phases: strengthening the iron ore and completing the pelletizing process.

Chairman of the Board of Suez Steel, Eng. Mahmoud Fikry, emphasized in his statement that the railway rail production facility is the first example in Africa and the Middle East in terms of technological infrastructure and production quality. The project's strategic location facilitates both local and international logistics, and its location away from residential areas provides an advantage in terms of environmental sustainability. The company's growth was made possible by national infrastructure projects, road networks and the modernization of electricity grids.

Rafik Dhou, Vice President and General Manager of the company, stated that trial production of the 4th rolling mill started two months ago. He stressed the critical importance of industrialization and said that the decision to switch from coal to natural gas has improved environmental friendliness and economic efficiency. He also shared plans to build a clean energy hydrogen power plant in the future. Dhou stated that they aim to produce 5 million tons of iron ore and pellets annually, thus reducing dependence on imports, reaching international export standards and reducing the foreign trade deficit.

Mechanical Maintenance Director Eng. Gabriel Samir stated that the maintenance system was developed together with the German side and that failures are prevented with periodic maintenance programs ranging from daily to yearly, and that engineers are trained in Germany with 3D simulations.

Occupational Health and Safety Engineer Eng. Ahmed Ashraf stated that the plant has five fully automated power plants with automatic signals and advanced safety systems.

Pelletizing Plant Director Eng. Mahmoud Amin, Director of the Pelletizing Plant, explained that the iron ore is 69% enriched and the target is to meet 50% of the country's consumption with an annual production of 5 million tons. He also stated that this plant will provide 1,500 direct and 3,000 indirect jobs.

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