10
Oct
12:04
Working capital continues to hinder Ezz Steel utilisation
Ezz Steel’s capacity utilisation and profitability continued to be hampered in the second quarter by an ongoing working capital shortage resulting from last November’s Egyptian pound floatation.
“As soon as working capital will be made available, we shall increase our total output and take advantage of the expected improvement in Egyptian and international steel markets,” Ezz chairman and managing director Paul Chekaiban says in a report …
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous