13
Jun
14:57
Egypt receives four steel plant licence applications
Egypt’s Industrial Development Authority (IDA) has received four applications for new steel plant licences, an IDA source tells Kallanish. One of these is from an Arab company not already producing in Egypt.
Some reports in the Egyptian press earlier this month suggested one of the applicants is Abu Dhabi-based Emirates Steel (ESI). The longs producer is looking at Borg Al Arab near Alexandria, or Sadat City as possible locations for a new s…
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Anonymous
Very good overview of the weekly steel market.
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