Egypt’s El-Marakby Steel, Elsewedy Electric sign MoU for carbon-reduced steel

Egyptian steel producer El-Marakby Steel and integrated infrastructure solutions provider Elsewedy Electric signed a memorandum of understanding (MoU) on December 3 for El-Marakby to supply carbon-reduced steel products for Elsewedy, including rebar for infrastructure projects and wire rod for cable and engineering industries, according to releases from the two companies.

The MoU was signed on the sidelines of the 28th United Nations Climate Change Conference (COP28 UAE) by Ramy Saleh, El-Marakby's chief business development and sustainability officer, and Manal Hassan,...

Published

Darina Kahramanova

December 11, 2023

16:04 GMT

Sofia, Bulgaria