Cairo: Prime Minister Moustafa Madbouli has started his tour in 10th of Ramadan City, where he visited Kandil Steel Factory. The premier was accompanied by Deputy Prime Minister for Industrial Development Industry and Transport Minister Kamel el Wazir, Housing, Utilities and Urban Communities Minister Sherif el Sherbini, Investment and Foreign Trade Minister Hassan el Khatib, and a host of respective officials. They were received by Board Chairman of Kandil Steel Amr Kandil.

According to State Information Service Egypt, Kandil briefed the premier and the ministers about the factory’s current activities and future plans to meet the needs of local markets. Ahmed Mokhtar, CEO of the factory’s strategic projects department, noted that the factory adopted development plans in 2021 to increase production capacity from 600,000 tons to 900,000 tons a year, with investments reaching approximately $25 million.

Kandil Steel is identified as the leading galvanized steel supplier in Egypt. The group has a yearly output
of 650,000 tons of various steel products and operates on a global scale with 1,500 employees. The factory produces premium products such as CRC, GIC, PPGI, Blue steel, and KTOC, serving more than 271 customers worldwide.