Suez Steel Company S.a.e

What Suez Steel Company S.a.e does

Suez Steel Company S.a.e (doing business as Solb Misr / Suez Steel) is an Egyptian integrated steel producer headquartered in the Attaka Industrial Zone of Suez Governorate. The company, established in 1997 and controlled by Lebanese holding company LITAT Group since 2006, operates a fully integrated production complex spanning Direct Reduced Iron (DRI) manufacturing, Electric Arc Furnace (EAF) steelmaking, continuous casting, three rolling mills, and a cut & bend facility, with a total rolling capacity of 2.2 million metric tons per year. Its flagship Rolling Mill 3, commissioned in January 2019 with Danieli equipment, is the largest rolling mill in the Middle East at 1.4 million tons/year and was inaugurated by President El-Sisi in November 2019, signaling its status as a national champion. The product portfolio spans DRI, billets, rebars, coils, spools, and cut & bent reinforcement bars, all sold under the Hadidna (هالدينا) trademark, with supporting output of industrial gases and dolomitic lime.

The company sells finished steel and value-added cut & bend services almost exclusively on a B2B basis to construction companies, contractors, industrial manufacturers, and regional distributors across Egypt and the MENA region. Pricing is commodity-linked and negotiated per transaction, with no published tiers. The cut & bend service, delivered just-in-time to construction sites via MEP Group Italy equipment, is the principal differentiator, claiming 5–8% waste reduction versus on-site processing and addressing theft, storage, and labor pain points. Suez Steel is certified across ISO 9001, 14001, 45001, 50001, 17025, and CARES (for BS 4449 and ASTM A615/A706), which are de facto prerequisites for supplying major construction and infrastructure projects. The sales motion is direct enterprise field sales via Cairo and Suez offices, with no public marketing channels or digital revenue streams. The company is privately held by LITAT Group with no public listing or venture funding evidenced.

Name

Suez Steel Company S.a.e

Legal name

Suez Steel Company S.a.e

Website

https://solbmisr.com

Company type

Private

Founded year

1997

Operating status

Operating

Short description

كوتى

Ownership category

akta.pro rank

Product category

Steel Manufacturing

akta.pro primary industry

Electric Arc Furnace (EAF) Steelmaking (Incl. DRI/HBI-Based) (IMAKABAB)

akta.pro secondary industry

Direct Reduced Iron (DRI) & Hot Briquetted Iron (HBI) Production (IMAKABAC)

Keywords

• Integrated steel manufacturing
• Reinforcement steel products
• Direct reduced iron
• Cut and bend services
• Steel rebar production

Headquarters

HQ city

Suez

HQ country

Egypt

HQ region

Africa

Offices7 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Supply Chain, Infrastructure, Personnel, Technology or R&D

Revenue model

1. Steel Products Sales: Sale of finished steel products including rebars, coils, spools, and cut & bend solutions. Products are sold directly to construction companies and contractors with pricing based on steel market rates and product specifications.
2. Cut & Bend Processing Services: Processing and value-added services where steel is cut and bent to contractor specifications at the construction site. Revenue generated from processing fees on top of material costs, delivered via JIT system.
3. Industrial Gases: Production and sale of industrial gases (oxygen, argon, nitrogen) from air separation plant. Total oxygen production capacity of 22,000 Nm3/hr with small quantities sold externally.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Suez Steel Company (Solb Misr) operates an integrated steel complex producing steel from raw material through Direct Reduced Iron (DRI), Electric Arc Furnace steelmaking, continuous casting, and rolling mill operations. The company manufactures and sells DRI, continuously cast billets, hot-rolled rebars, coils, spools, and cut-and-bent reinforcement bars to construction companies and contractors across Egypt and the MENA region. All production facilities are located in Suez Governorate, with total integrated capacity of 2.2 million metric tons per year.

Product overview

Suez Steel Company (Solb Misr) is an integrated steel complex that produces steel from raw materials. The product portfolio includes DRI (Direct Reduced Iron), Billets, Rebars, Coils, Spool, Cut & Bend services, and Dolomite. The company operates multiple production facilities including a Direct Reduction Plant (1.95 million tons/year), two Steel Melting Plants (2.08 million tons/year combined), three Rolling Mills (2.2 million tons/year combined), and a Cut & Bend Plant (300,000 tons/year). The products are sold under the Hadidna trademark, serving construction and infrastructure markets with reinforcement steel products.

Differentiator

Problem solved

Functional benefit

Brands

• Hadidna: The trade mark for all our steel products ensuring the best world class quality standards

Products and services

• DRI (Direct Reduced Iron) Clean, high-iron, low-residual metallic material used as feedstock for producing high-quality iron and steel in various furnaces. Available as Hot DRI or Cold DRI in pellet form with 9-16mm diameter, 93% total iron content, and 95% metallization.
• Billets Continuously cast steel billets produced in electric arc furnaces, available in various grades (AISI 1006-1045, St3-St6) and sizes from 130x130mm to 200x200mm cross sections and 4-14m lengths, for further industrial processing.
• Rebars Hot-rolled steel reinforcement bars in diameters from 5.5mm to 40mm, meeting international standards including ES, BS, ASTM, DIN, JIS, supplied in bundles of 2000kg with lengths of 6-24 meters, primarily for concrete reinforcement in construction.
• Coils Smooth reinforced coils with diameters of 5.5-13.5mm conforming to Egyptian standards (ES 262/2009 Gr.240), available in grades A, B, C, D and Gr.300, in 1500kg and 2000kg weights, for construction reinforcement applications.

Quantifiable outcome

• Waste reduction of 5-8% through cut & bend services compared to traditional on-site processing
• +3 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Six partnerships are on record, tiered core and supporting.

• Elsewedy Co. (السويدي)coreStrategic or Co-development Partner · 1 January 2021Suez Steel Co. developed an academic curriculum in association with Elsewedy Co. targeting secondary students for vocational education at Al-Sewedy Academy in 10th of Ramadan city. The academy provides theoretical and practical training with iron and steel specialization. After three years of study, graduates are employed at Suez Steel factories.
• DanielicoreTechnology or Integration · 1 January 2018Danieli, a worldwide leading steel production equipment manufacturer, supplied the equipment for Rolling Mill 3. The equipment was delivered in 2018 and commissioning began in January 2019. Danieli's equipment enabled the 1.4 million ton/year capacity making it one of the highest capacity rolling mills in the world.
• MEP Group (Italy)coreTechnology or IntegrationMEP Group-Italy, a worldwide leader in cut and bend equipment, supplied the machinery for Suez Steel's Cut & Bend Plant. The Italian equipment enables just-in-time delivery of cut and bent bars (6-40mm diameter) to construction sites according to contractor blueprints.
• SGSsupportingTechnology or IntegrationSGS, a leading inspection, verification, and testing company, provides certification services for Suez Steel's integrated management system including ISO 9001:2015, ISO 14001:2015, ISO 45001:2018, ISO 50001:2018, and ISO 17025:2017.
• EGAC (Egyptian Accreditation Council)supportingTechnology or IntegrationEGAC (Egyptian General Authority for Investment) provides national accreditation for Suez Steel's integrated management system certifications, working alongside SGS for ISO certifications.
• CARES OrganizationcoreTechnology or IntegrationCARES Organization provides third-party product certification services for Suez Steel's reinforcing steel products. CARES certified products include BS 4449:2005 grades and ASTM A615/A706 grades for construction applications.

Scale indicators8 records

Recent moves8 records

Expansion highlights5 records

Regional players

• Al Ittefaq Steel Products Co. Major Saudi EAF-based rebar and wire rod producer serving domestic and export construction markets; comparable product mix and rolling-mill-driven business model make it a regional pricing benchmark.
• Qatar Steel Company: Qatar-based integrated producer of rebar, wire rod and billets using DRI/EAF route; targets Gulf and select MENA construction end markets overlapping with Suez Steel's export ambitions.
• Emirates Steel Arkan: UAE's largest integrated steelmaker producing rebar, wire rod and heavy sections via DRI/EAF; similar integrated asset base and overlapping MENA construction customer base make it a regional benchmark for capacity, technology and pricing.
• Hadeed (SABIC subsidiary): Saudi Arabia's largest integrated long-products producer (rebar, wire rod) using DRI/EAF route; competes with Suez Steel for GCC construction-grade rebar exports and uses similar scrap/DRI feedstock economics.

Broad incumbents

• Commercial Metals Company (CMC): US-headquartered vertically integrated steelmaker with EAF/rebar/wire rod mills and rebar fabrication services; comparable integration of upstream steelmaking plus downstream cut-and-bend/JIT distribution to construction sites.

Direct peers

• Beshay Steel Group: Egyptian integrated steel group producing rebar and wire rod via EAF route with similar MENA construction-sector end markets; competes on rebar pricing and on Egyptian contractor accounts.
• Ezz Steel Company: Egypt's largest integrated steel producer and largest rebar competitor; operates EAF and DRI capacity plus rolling mills serving the same Egyptian construction customers, making it the most direct head-to-head competitor to Solb Misr.

Others

• Danieli Group: Italy-based global supplier of EAF, continuous casting and rolling mill equipment — already Suez Steel's core technology partner on RM3; included as ecosystem/equipment-side adjacency rather than a competing producer.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Suez Steel Company S.a.e