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06 Jun
09:00

Rebar sales elevate EZZ Steel's Q1 earnings

Ezz Steel saw substantial earnings growth with the help of higher steel prices in the first quarter. This was in part thanks to the company's success in securing raw materials from alternative sources following disruption due to the Russian invasion of Ukraine. The firm increased its rebar and hot rolled coil sales, particularly in the growing domestic market, Kallanish notes. Domestic steel consumption will maintain its growth, and the firm sti…
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