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01 Dec
11:29

EZZ increases domestic sales, earnings

Ezz Steel saw significant growth in January-September in its financials due to increased sales of rebar in the domestic market. Its consolidated revenue in the first nine months of the year (January-September) increased 23.6% on-year to EGP 60.64 billion ($2.46 billion). Long product sales comprised 61.3% or EGP 37.17 billion, whereas flat sales constituted 37.45% or EGP 22.71 billion, according to the Egyptian steelmaker’s latest ear…
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