25
Jan
10:39
DRI plant seen boosting Ezz Flat Steel output, revenue
Ezz Steel’s new direct reduced iron plant at Ezz Flat Steel (EFS) – whose meltshop was closed throughout 2015 – will boost the subsidiary’s capacity utilisation and push its revenue to highs not seen since its creation, according to investment bank Prime Holding.
EFS, a 1.3 million tonnes/year hot rolled coil and rebar producer, contributed 7% to Ezz’s January-September 2015 consolidated sales. It operated at utilisation of 30%…
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Anonymous
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