15
Dec
16:36
Ezz Steel foresees turnaround on pound float, prices
Ezz Steel foresees a “…sustained turnaround” in its performance thanks to the floatation of the pound, increase in international steel prices, and the improvement of operating margins, the Egyptian steelmaker says.
Ezz’s long steel shipments rose 10% on-year in the nine months through September to 2.64 million tonnes, a vast improvement on their -1% on-year decline in the half-year through June. The local market remained “…s…
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Anonymous
Very good overview of the weekly steel market.
Anonymous