03
Jul
01:00
Gas supply disruption hits Ezz Dekheila DRI production: sources
Ezz Dekheila Steel (EZDK) has reduced direct reduced iron production owing to increased disruptions in natural gas supply from Egyptian Natural Gas Holding Company (EGAS), according to local brokerage sources.
The restricted supply is a result of gas shortages that are exacerbated in summer months due to a spike in demand from power plants. EZDK, Ezz Steel’s flagship steelworks, is reported to be seeking “alternative raw materials” to DRI i…
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Anonymous
Very good overview of the weekly steel market.
Anonymous