14,396.54 TRY BIST 100 BIST 100
56.12 EUR EUR EUR
47.97 USD USD USD
7.18 CNY CNY CNY
0.13 CNY CNY/EUR CNY/EUR
40.85 TRY Interest Interest
93.44 USD Fossil Oil Fossil Oil
6.56 USD Copper Copper
106.65 USD Silver Silver
95.94 USD Iron Ore Iron Ore
377.25 USD Shipbreaking Scrap Shipbreaking Scrap
6,089.00 TRY Gold (gr) Gold (gr)
95.00 USD Iron Ore 61% Fe Iron Ore 61% Fe

Türkiye was both Egypt’s largest steel buyer and among its top five steel suppliers

According to foreign trade data for the first quarter of the year, Türkiye ranked first among the countries importing the largest volume of iron and steel products from Egypt.

Türkiye was both Egypt’s largest steel buyer and among its top five steel suppliers

During this period, Türkiye's imports from Egypt reached $56 million. Türkiye was followed by Lebanon with $39 million, Brazil with $38 million, and Sudan with $29 million in imports. Romania ranked fifth with $28 million, while Albania followed with $27 million worth of purchases. Türkiye's position at the top of the list once again confirmed the significance of steel trade between the two countries, as well as their strategic partnership and strong presence in regional markets.

On the other hand, China maintained its clear leadership as Egypt's largest external steel supplier. Egypt's iron and steel imports from China reached $266 million, accounting for the largest share of the country's total steel imports. Other major suppliers after China were the United Kingdom with $133 million, Russia with $124 million, and Belgium with $119 million. Türkiye also secured a place among Egypt's leading suppliers, ranking fifth with $72 million in steel exports to the country. The Netherlands followed in sixth place, supplying $63 million worth of steel products. These figures indicate that Egypt continues to rely heavily on suppliers from Asia and Europe for both steel raw materials and finished products.

The first-quarter data showed that Egypt has maintained its influential role in regional steel trade while continuing to depend on external sources to meet domestic market demand. China's strong and dominant position as a supplier, combined with Türkiye's ranking among the leading countries both as a buyer and a seller, highlights the critical importance of both countries in Egypt's steel market. Looking ahead, construction activity across the region, new infrastructure projects, and potential shifts in global trade routes are expected to be key factors influencing Egypt's steel demand. At the same time, developments in the country's domestic steel production capacity are likely to play an important role in shaping the future balance of its foreign trade.

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

Federacciai and 14 Italian steel companies submit expressions of interest for former Ilva

Friday, August 21, 2026

Steel production halted at Libyan steel mill due to ongoing power crisis

Friday, August 21, 2026

Far East steel market analysis | August 17-21, 2026

Friday, August 21, 2026

Russian Steel Market Overview | 17-21 August, 2026

Friday, August 21, 2026

Rustavi Steel sells rebar production line to PM Metal

Friday, August 21, 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