01
Feb
00:00
Hadisolb losses narrow in six months
State-owned flat steelmaker Egyptian Iron and Steel Co (Hadisolb) reported its net loss narrowed 37% year-on-year in the six months through December to EGP 326.29 million ($42.99m), Kallanish learns.
Last month Egyptian authorities discussed plans to rehabilitate Hadisolb and increase output at the troubled blast furnace-based steelmaker. One possible option has been to install an electric arc furnace that could be supplied with feedstock by the spate of new…
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Anonymous
Very good overview of the weekly steel market.
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