20
Aug
01:00
Ezz eyes DRI plant launch by end of 2015
Ezz Steel foresees a positive contribution to its performance from the commissioning by year-end of its new Suez-based direct reduced iron plant. This comes after the firm was forced to reduce production and shipments in the first quarter as a result of insufficient foreign currency to import raw materials.
Consolidated sales declined -7% on-year to 1.07 million tonnes in Q1. Sales of long products were down -4% to 889,000t as the firm took a “……
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Anonymous
Very good overview of the weekly steel market.
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