Egypt’s exports of pig iron, steel, and cement dropped by 1% to $772 million in the first 11 months of 2020, compared to $780 million in the prior-year period, according to Export Council for Building Materials
Iron and steel
Exports of pig iron and steel amounted to $614 million in the January-November period of 2020, down by 1% year-on-year (YoY) from $636 million.
Saudi Arabia topped Egypt’s destinations for pig iron and steel exports with $189.873 million, followed by Italy with $83.182 million, Spain $50.198 million, Kenya $45.16 million, and Sudan $ 31.375 million.
Cement
Meanwhile, exports of cement grew by 10% YoY to $158 million in the 11-month period ended 30 November 2020, compared to $144 million.
Kenya led cement importers from Egypt with a value of $42.047 million, jumping by 457% YoY from $7.55 million.
Libya came in the second position with $33.248 million, followed by Sudan, the US, and Saudi Arabia with $14.354 million, $10.66 million, and $8.228 million, respectively.
