Mr. Ezz said that the investments reflect a changing global trade environment in which protectionist policies are increasingly restricting cross-border steel flows and changing market access for exporters.
Global protectionism puts pressure on steel exports
According to Mr. Ezza, the current market conditions are particularly difficult for steel exporters, as rising tariffs and trade barriers limit access to key international markets. He noted that steel producers in Western economies are experiencing similar pressure, which contributes to the introduction of higher import duties in a number of countries.
Ezz Steel generated about $1.6 billion in export revenue in 2024. However, the company expects exports to fall below $1 billion in 2025 as restrictions on foreign markets increase.
The focus is shifting towards domestic and regional demand
In response to weaker export prospects, Ezz Steel is focusing more on strengthening domestic demand. Mr. Ezz identified construction and infrastructure projects as the main pillars supporting steel consumption in the local market.
He also highlighted the potential benefits of deeper economic integration between Arab countries, suggesting that closer cooperation
