15
Apr
13:41
HRC exports boost Ezz earnings, construction outlook improves
Egyptian steelmaker Ezz Steel increased hot rolled coil production and exports in 2023, improving its financials amid a tightening domestic market due to Egypt's economic challenges.
The second electric arc furnace with an annual capacity of 1.6 million tonnes started production at its Sokhna-Suez plant last May, boosting output, particularly of HRC, notes Kallanish.
Ezz is the Middle East and Africa's largest producer, with a production capacity of over…
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Anonymous
Very good overview of the weekly steel market.
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