Suez Steel is a

steel Steel is an alloy made up of iron with added carbon to improve its strength and fracture resistance compared to other forms of iron. Many other elements may be present or added. Stainless steels that are corrosion- and oxidation-resistant ty ...

company located in Adabiya, Egypt. As of September 2006, Banque du Caire, which owns or owned up to 80% of Suez Steel's

stock In finance, stock (also capital stock) consists of all the shares by which ownership of a corporation or company is divided.Longman Business English Dictionary: "stock - ''especially AmE'' one of the shares into which ownership of a company ...

, has offered the stock for sale. The company's stock is listed on the Egypt stock exchange. It is now a subsidiary of military-linked

National Service Products Organization The National Service Projects Organization (NSPO) manufactures military and civilian products and provide contracting services. It is subordinate to the Egyptian Ministry of Defense system, was its establishment in accordance with Presidential De ...

, who owns 82% of the company.

External links

Egyptian Ministry of Investment Suez Steel profile pageEgyptian Ministry of Investment article on the Bank of Cairo's proposed sale of Suez Steel's stock
{{Authority control Steel companies of Egypt Suez Governorate