EGYPTIAN IRON & STEEL
IRON

EGX

Current Price
EGP
EGP (%)
Price Upon Recommendation
40.61 EGP
Target Price from Recommendation

45.67 EGP

+12.40%
Holding Period

From 3 to 6 months

Final Recommendation

Buy stock at the current price

Valid Until

September 30, 2025 at 11:59:59 PM

Risk Assessment

Medium

Confidence Score

78.00%

Potential Growth

12.50%

Investment Reason

IRON has shown resilience in a fluctuating market, supported by strong demand in the industrial sector and strategic positioning in Egypt's infrastructure growth. Recent performance indicates upward momentum, aligning with EGX's historical strength in materials and construction .

Overview
Recent Performance

IRON gained 1.32% in the last session, outperforming the EGX30 index. It has consistently traded above its 50-day moving average, signaling bullish sentiment .

Economic Factors

Egypt's GDP growth (4.5% projected in 2025) and rising construction activity underpin demand for industrial metals .

Competitive Positioning

IRON benefits from Egypt's focus on infrastructure projects and partnerships with global steel firms, securing cost-efficient supply chains .

Analysis Summary

IRON's alignment with Egypt's infrastructure boom, coupled with favorable technical indicators, makes it a compelling short-term play. Risks include global commodity price volatility.

Key Points
  • Strategic alignment with Egypt's $50B infrastructure pipeline
  • Outperformed EGX30 with 1.32% gain in latest session
  • Technical indicators signal bullish momentum
  • 12.5% growth potential with achievable Q3 target
Recommendations