Al Delta Steel signs EPC contract with Gemco for foundry project in Egypt

Al Delta Steel Company signed an EPC contract with Gemco Cast Metal Technology to establish a cast iron and steel foundry with total investments of EGP 30 million ($1.877 million) and an annual production capacity of 10,000 tons.

“Al Delta Steel Company, an Egyptian public business sector firm, has signed a contract with Gemco Cast Metal Technology, a Dutch company, to establish a cast iron and steel foundry with total investments of 30 million Egyptian pounds ($1.877 million).”en.amwalalghad.com

• 2 sources
• en.amwalalghad.comAl Delta, Gemco sign EGP 300m contract for foundry project | Amwal Al GhadSanaa AllamJan 9, 2020
• zawya.comEgypt's Al Delta, Gemco sign $18.76mln contract for foundry projectStaff Writer , MubasherJan 9, 2020

Summarized from public sources; check the original articles before acting on it.