Ezz Steel ranked first in the list of steel producers in Africa and the Arab world for the second time in a row, according to the Best Steel Producers List of 2021 published by the World Steel Association (Worldsteel). With 5.14 million tons of crude oil production, Ezz Steel ranks first in Africa and the Arab world, followed by Hadeed (4.86 million tons) from Saudi Arabia and Emirates Steel (3.02 million tons) from the United Arab Emirates. tons) followed in 3rd place. .
Strong growth in both local and export markets supported a 12% increase in crude oil production in 2021, enabling Ezz Steel to achieve record export sales of $1.3 billion. Ezz Steel remains a market maker and trendsetter. The successful introduction of the high-strength steel grade B500DWR into the Egyptian market has set a new market standard in Egypt: it has reduced environmental impact while meeting customers' quality and economic goals.
To continue its growth, Ezz Steel has invested in a new 1.6 million tons/year steel mill at the Ezz Flat Steel (EFS) complex in Suez, scheduled to enter service in the 4th quarter of this year. With this investment, Ezz Steel's crude steel production capacity will increase to 7 million tons per year.
Worldsteel is a non-profit organization headquartered in Brussels, Belgium. It represents steel producers, national and regional steel industry associations and steel research institutes. Worldsteel is the primary data source on the global steel industry.
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