The Qatari-Egyptian steel producer Egyptian Steel will be investing around US$250m in a new cement works. The venture will seek to acquire a cement licence out of the seven the Egyptian government is planning to offer. If successful, it is expected that the works will have an annual capacity of 1.5-1.8Mta, said Abu Hashima, Egyptian Steel chairman.

Power Cement reports positive 3Q and 9MFY24-25 results
Pakistan-based Power Cement Ltd posted PKR7.182bn (US$52.5m) in revenue for the quarter ended ...