14
Dec
08:37
Firm global market, AD duties boost Ezz Steel
Ezz Steel says it expects Egyptian authorities to imminently loosen monetary policy. This will ease the steelmaker’s working capital shortage and allow it to fully benefit from firm local and global market conditions.
In the nine months through September Ezz’s consolidated steel sales increased 3% on-year to 3.19 million tonnes. This was driven by a 58% surge in flat steel sales to 885,000t due to strong international demand. Flats exports rose 144% …
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Anonymous
Very good overview of the weekly steel market.
Anonymous