20
Jul
16:19
Longs demand boosts Ezz Steel shipments in Q1
Ezz Steel expects greater direct reduced iron integration following the recent commissioning of its Ain Sokhna DRI plant to help mitigate “…adverse” operating conditions in the coming quarters. This comes after the Egyptian steelmaker increased steel sales 10% on-year in the first quarter to 1.19 million tonnes.
This was driven by a 15% rise in long product shipments to 1mt, thanks to local market demand. However, flats deliveries fell -10% to…
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Anonymous
Very good overview of the weekly steel market.
Anonymous