Egyptian steel manufacturers face the potential loss of a crucial scrap metal supply from Europe. The European Commission has proposed removing Egypt, along with other nations, from a list of non-OECD countries permitted to receive metal waste shipments from the European Union. This proposal stems from new waste shipment regulations scheduled to take effect in May 2027. Egyptian steel plants heavily rely on scrap metal as a primary raw material, and are simultaneously expanding their production capacity. This situation could significantly impact the sector, potentially hindering growth and increasing production costs. The regulations aim to tighten controls over waste exports, raising concerns within Egypt’s steel industry about securing vital resources. Further details were originally published on Mada Masr.

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