Delta Steel plans to upgrade its factories by LE700 millionVisits : 114

Delta Steel plans to upgrade its factories by LE700 million

The chairman of the board of directors of the steel company Delta Steel Company, said that the company aims to modernize all its factories at a total cost of 700 million pounds (42.3 million dollars).

"The modernization aims to double the production capacity of steel pallet by about 12 times to reach 500 thousand tons per year, and doubling the production of castings by about 10 times the current capacity to 10,000 tons," said Mahmoud El Feki, according to a statement issued by the Egyptian Ministry of Public Works.