29
Mar
00:00
Hadisolb continues loss-making sales, targets 570,000t shipments in next FY
Egyptian Iron & Steel Company (Hadisolb)’s board of directors has approved plans for the steelmaker to continue selling steel until 30 June, even if this is at a loss, Kallanish learns from the company.
The decision is based on the steelmaker’s need for a continuous flow of working capital to cover its basic requirements for production – wages, coal, electricity and gas – despite weak demand in the local market and the decline in …
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Anonymous
Very good overview of the weekly steel market.
Anonymous