11
Aug
09:19
Ezz lifts shipments, sees building halt hitting consumption
Ezz Steel says the decision by Egyptian authorities to suspend building permits for six months will have a detrimental effect on private consumption. It sees the Covid-19 pandemic remaining the largest challenge in 2020 after it dampened the positive volume trend registered at the beginning of the first quarter.
The pandemic hampered exports, especially, towards the end of Q1. Contraction in GDP worldwide took its toll on steel consumption, hitting finished p…
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Anonymous
Very good overview of the weekly steel market.
Anonymous