19
Jun
13:17
Pandemic delays Ezz restructuring benefits, flats sales curbed
Ezz Steel says the Covid-19 pandemic impact will delay the expected benefits of its recent shareholding restructuring. The Egyptian steelmaker expects gradual market improvement from the second half of 2020, as countries ease lockdown measures, although uncertainty remains over the pandemic’s full economic impact.
In 2019 Ezz’s consolidated steel sales rose 4% on-year to 4.67 million tonnes. Long steel sales surged 12% to 3.51mt as Ezz grew domestic ma…
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Anonymous
Very good overview of the weekly steel market.
Anonymous