Egypt Steel Market Size to Hit USD 4,481.93 Million by 2033 | With a 3.09% CAGR

Egypt Steel Market Overview

Market Size in 2024: USD 3,408.13 Million

Market Size in 2033: USD 4,481.93 Million

Market Growth Rate 2025-2033: 3.09%

According to IMARC Group’s latest research publication, “Egypt Steel Market Size, Share, Trends and Forecast by Components, Material Used, End User, and Region, 2025-2033”, the Egypt steel market size reached USD 3,408.13 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 4,481.93 Million by 2033, exhibiting a growth rate (CAGR) of 3.09% during 2025-2033.

How AI is Reshaping the Future of Egypt Steel Market

• AI-Powered Predictive Maintenance: AI algorithms at Ezz Steel's Suez plants analyze sensor data to forecast equipment failures, reducing downtime by 25% and boosting production efficiency in Egypt's 9 million ton annual output.
• Quality Control Automation: Computer vision systems inspect steel sheets in real-time at Alexandria factories, cutting defects by 20% and ensuring compliance with EU export standards amid the $2.1 billion market.
• Supply Chain Optimization: Machine learning forecasts raw material demands for Hadid Steel, minimizing delays by 30% and supporting Vision 2030-inspired logistics in the Nile Delta region.
• Energy Efficiency Modeling: AI simulates furnace operations to lower energy use by 15%, aligning with Egypt's National AI Strategy (2025–2030) for sustainable industrial practices in steel manufacturing.

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Egypt Steel Market Trends & Drivers:

Digital transformation fuels 35% of Egypt’s steel market growth, with AI-driven platforms optimizing $2.1 billion in production processes. Cairo and Suez lead, as Vision 2030 integrates smart manufacturing, boosting efficiency by 25% for 70% of producers like Ezz Steel. Digital tools cut logistics costs by 20%, aligning with 98% industrial digitization and positioning Egypt as a hub for tech-driven steel exports amid rising construction demands.

Sustainable production practices drive 30% market expansion, with Egypt’s eco-initiatives promoting low-carbon steelmaking that reduces emissions by 15%. Companies adopt green furnaces, appealing to 60% of EU buyers prioritizing ESG compliance. Government investments, including $500 million for industrial tech, support energy-efficient plants, fostering innovation and alignment with global standards in the $2.1 billion steel sector.

Urbanization and infrastructure projects propel 40% demand surge, with Egypt’s market backed by 4,000 construction initiatives. Suez Canal Economic Zone expansions and $500 billion in regional investments drive steel consumption, supported by 7% annual growth. High-demand sectors, with 65% of output for construction and automotive, leverage unified trade policies, cementing Egypt’s role as a key player in MENA’s steel trade.

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Egypt Steel Industry Segmentation:

The report has segmented the market into the following categories:

Type Insights:

• Flat Steel
• Long Steel

Product Insights:

• Structural Steel
• Prestressing Steel
• Bright Steel
• Welding Wire and Rod
• Iron Steel Wire
• Ropes
• Braids

Application Insights:

• Building and Construction
• Electrical Appliances
• Metal Products
• Automotive
• Transportation
• Mechanical Equipment
• Domestic Appliances

Regional Insights:

• Greater Cairo
• Alexandria
• Suez Canal
• Delta
• Others

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Recent News and Developments in Egypt Steel Market

• September 2025: Egypt's government imposes safeguard duties of 16.2% on imported steel billets to protect local producers amid unprecedented import surges, supporting the industry's 10.7 million ton annual output.
• August 2025: Rebar prices in Egypt stabilize between EGP 31,500 and EGP 38,200 per ton, with Ezz Steel at EGP 38,200, reflecting steady demand despite global raw material fluctuations.
• April 2025: Suez Canal Economic Zone signs contract for Massoud Steel Company's metal containers project in Sokhna, enhancing manufacturing capacity and creating jobs in the $3.4 billion steel sector.
• January 2025: Egyptian-Qatari partnership launches a USD 100 million iron and steel plant in Qena, targeting rebar production and regional exports to boost domestic output by 3%.

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