Steel News

We strive to let you one step ahead of the market.

Turkey’s Ukinox to build $14 million stainless steel kitchen sink plant in Egypt

16 Jul 2026 14:23 reported by Joy Liu

A A A
Turkish manufacturer Ukinox plans to establish a US$14 million stainless steel kitchen sink facility within the Sokhna Industrial Zone.

Spanning 37,000 square meters, the plant aims to manufacture 1.2 million units annually to supply both domestic and international markets. The initial phase of production is scheduled to commence in mid-2028, creating 220 direct jobs.

This investment meets Egypt's initiative to attract specialized engineering industries, localize advanced manufacturing, and expand export-oriented enterprises.

Managed by the Main Development Company (MDC) of the Suez Canal Economic Zone, the industrial hub offers investors direct access to advanced infrastructure and proximity to the Sokhna seaport, strengthening integration across regional and global supply chains.

Back to Steel News

Related News

Taiwan's stainless steel spot market revives

  • Stainless Steel
  • 6 Aug 2026 16:36

LME nickel prices rebound toward $17,200

  • Stainless Steel
  • 5 Aug 2026 16:06

Taiwan’s stainless steel mills and distributors lock in price negotiations

  • Stainless Steel
  • 5 Aug 2026 15:37

Stainless steel prices edge up in Asian markets

  • Stainless Steel
  • 4 Aug 2026 16:48

Jindal Stainless reports profit rise despite supply disruptions

  • Stainless Steel
  • 4 Aug 2026 16:46

Metal Price Index

Learn more

LME Official Bid Price

  • Zinc
  • 3,856.00
  • 3,795.00
  • Aluminum
  • 3,260.00
  • 3,258.00
  • Copper
  • 14,450.00
  • 14,258.00
  • Nickel
  • 16,590.00
  • 16,770.00

Learn more