Egypt’s 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.
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, said the factory has adopted development plans in 2021 to increase production capacity from 600,000 tons to 900,000 tons a year, while its investments hit some $25 million.
Kandil Steel is the leading galvanized steel supplier in Egypt. With a yearly 650,000 tons output of its total products, the group has operated worldwide with 1,500 employees, where premium products of CRC, GIC, PPGI, Blue steel and KTOC are manufactured every day, serving more than 271 customers.
