Russian company Novostal-M plans huge factory in Egypt ...Egypt

The Egyptian Minister of Trade and Industry Ahmed Samir held a meeting with the delegation of the Russian Novostal-M company working in the rebar industry. Samir explained that Novostal-M plans to establish a steel factory in Egypt and supply minerals for Egyptian projects, establish infrastructure for food warehouses, cooperate in the field of construction, and export nitrogen and fertilizers from Egypt to African countries. This meeting comes as part of the Egyptian government’s efforts to attract more international investments, he added, as well as to strengthen partnership frameworks between the public and private sectors and encourage Russian companies with experience and knowledge to e

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