In 1948 Mr. Gaber Beshay established the “International Steel Trading Company” importing steel to Egypt during a very difficult political time. After he passed away in the 1960s his four sons took over the trading business and decided to build a workshop to produce nuts and bolts, as well as a heat treatment workshop to fulfill the needs of the local industries.
As the 90s approached, the Beshay family embarked on their first long product project, when they contracted with MORGAN Construction USA to supply a 400,000 TPY debar rolling mill. This project was very successful and enabled the group to expand to a further 1.2 MTPY in 1998, when they commissioned 2 state of the art SIMAC rolling mills, with a capacity of 600,000 TPY each. Those mills produce superior quality steel-debars and wire rods.
Due to the growing demand for steel billets and quality long products the group commissioned a 1.2 MTPY EAF melt shop to ensure a high quality, continuous supply of billets for its rolling mills.
Recently, Beshay Steel contracted for its largest project yet, a 1.76 MTPY DRI facility with MIDREX technology featuring the first 2G-HOTLINK® where HDRI is directly fed to an SVMT EAF melt shop with a 1.3 MTPY capacity. The project is due for completion in 2010 and highlights our commitment to fulfilling the continuously growing demand in the Egyptian and global markets.
Subsidiaries of Beshay Steel
1.International Steel Rolling Mills
2.Egyptian American Steel Rolling Mills
3.Egyptian Sponge Iron and Steel Co.
Company History
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