27
May
01:00
Egypt growth of 4.3% in 2015-2018 set to boost steelmakers, but shortfalls remain
Egypt’s real gdp growth should reach an annual average of 4.3% in 2015-2018, outstripping the 2.1% average in 2011-2014. This growth will be spurred by a stabilising political landscape and growth-supporting reforms, as well as continued support from some Gulf Cooperation Council states, according to Standard & Poor’s (S&P).
This would be good news for Egyptian steelmakers, most of whom invested in substantial new capacity before the 2011…
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Anonymous
Very good overview of the weekly steel market.
Anonymous