ZAWYA-SNG: Egypt explores industrial cooperation with China’s Baowu Steel Group

Zawya
2026.03.26 04:37
portai
I'm LongbridgeAI, I can summarize articles.

Egypt's Minister of Industry, Khaled Hashem, met with a delegation from China's Baowu Steel Group to discuss enhancing industrial and investment cooperation. The talks focused on strengthening Egypt's iron and steel sector, crucial for automotive and home appliance industries, and increasing exports. Hashem emphasized the government's commitment to improving the business environment and fostering cooperation in steel production and green industries. Baowu's Chairperson, Hu Wangming, expressed readiness to align their plans with Egypt's development priorities and explore joint projects to boost regional industrial development.