Misr National Steel
EEGX:ATQA10.00
EGP
-0.94
(-8.59%)
ISIN
EGS3D0C1C018
Return %
Stock
S&P 500
1Y
-5.93
14.20
3Y
456.79
81.12
5Y
531.71
68.34
Capital Structure
EGP
•
in mil. unless spec.Working Capital
EGP
•
in mil. unless spec.Growth Rates
EGP
•
in mil. unless spec.Quarterly Revenue
EGP
•
in mil. unless spec.Quarterly Earnings Per Share
EGP
•
in mil. unless spec.Quarterly Dividends Per Share
EGP
•
in mil. unless spec.Company Description
- Sector
- Producer manufacturing
- Industry
- Metal fabrication
- Address
- Giza Egypt
- IPO Date
- Feb 19, 2007
- Website
- misrns.com
- Similar Companies
- Business
- Misr National Steel - Ataqa S.A.E. is an Egypt-based industrial manufacturing enterprise primarily engaged in the production, hot-rolling, and distribution of finished and semi-finished steel products for the building, infrastructure, and civil engineering sectors. Founded in 1993 and headquartered in Giza, Egypt, the company operates as a core manufacturing subsidiary of the El Garhy Steel Group, maintaining primary heavy industrial production facilities in the Ataqa Industrial Zone in the Suez Governorate. The company's comprehensive product and service portfolio comprises high-tensile deformed reinforcing steel bars (rebar) produced in various standard diameters ranging from 10 mm to 40 mm for structural concrete reinforcement; hot-rolled plain and ribbed steel wire rods supplied in coils for industrial wire drawing, fasteners, and welded mesh production; continuous cast square steel billets used as intermediate feedstock for re-rolling mills; customized cut-and-bend steel fabrication services tailored to large-scale infrastructure specifications; and metallurgical testing, scrap processing, and technical support services. Misr National Steel - Ataqa distributes its output across the domestic Egyptian construction sector to institutional contractors, residential and commercial developers, and steel stockists, while directing surplus production toward export markets in North Africa and the Middle East. In recent developments, Misr National Steel - Ataqa has undertaken major operational optimizations and strategic realignments within the wider El Garhy Steel network to mitigate domestic macroeconomic pressures, input cost inflation, and foreign exchange volatility. The company has executed technological upgrades across its Suez rolling lines to enhance thermal efficiency, lower unit energy consumption, and increase production yields. To address raw material availability and import constraints, the company has broadened localized scrap procurement, strengthened upstream billet supply integration with group affiliates, and prioritized foreign-currency-generating export contracts. Furthermore, the company has continued to modernize its environmental management systems and scrap recycling processes to reduce emissions, increase resource circularity, and comply with evolving industrial sustainability standards.