23
May
16:39
Flats exports help Ezz Steel return to profitability
Improved steel industry operating conditions in the second half of 2016 saw Ezz Steel return to profitability last year following two consecutive years of negative performance, the Egyptian steelmaker says. In 2016 Ezz reported a 15% on-year rise in consolidated sales to 4.4 million tonnes.
Long steel sales in 2016 grew 9% on-year to 3.2mt, with the local market remaining “… solid” and seeing 7% growth in shipments, according to Ezz. Long…
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Anonymous
Very good overview of the weekly steel market.
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