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06 Sep
12:05

Ezz Steel sees trade barriers hindering improved performance

Ezz Steel says the “…erratic implementation” of trade barriers in many countries is likely to hinder the continuation of improved performance recorded by the Egyptian steelmaker in the first half of 2018. Ezz Steel’s consolidated steel sales grew 11% on-year in H1 to 2.3 million tonnes. Long product deliveries rose 16% to 1.73mt. Of the EGP 18.6 billion ($1.04 billion) generated by longs sales, exports accounted for 8%, down from…
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