SND Foundry to invest $2B in iron and steel plants in Egypt's SCZONE

China's SND Foundry Ductile Iron Pipe Company plans to invest US$2 billion in Egypt's Suez Canal Economic Zone to build a cast iron pipe plant (Phase I, $150M, 250,000 t/yr) and a steel products plant (Phase II, $1.8B, 2M t/yr).

“An emerging Chinese company plans to invest US$2 billion in iron and steel projects in Egypt.”sndfoundry.com

• 1 source
• sndfoundry.comNews - An emerging Chinese company plans to invest US$2 billion in iron and steel projects in Egypt.Nov 15, 2023

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