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05 May
01:00

Egyptian rebar re-roller refutes stock exchange withdrawal reports

Egyptian rebar re-roller Misr National Steel Ataqa has denied it plans to delist its shares from the Egyptian Stock Exchange (EGX), Kallanish learns from a company regulatory filing. EGX earlier suspended trading of Ataqa’s shares until it responded to media reports suggesting the delisting. The 400,000 tonnes/year rebar producer is part of the non-listed Solb Misr group whose largest subsidiary is direct reduced iron-based 2 million tonnes/year capaci…
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