14
Dec
00:00
Hadisolb losses widen in three months, further hit by strike
Egyptian Iron & Steel Co (Hadisolb) saw its net loss widen 12% year-on-year in the fiscal quarter through September to EGP 124.9 million ($17.4m), Kallanish learns from a company stock exchange statement. The company’s estimated budget for the current fiscal year targets a net loss of EGP 315.35m.
The producer’s year through June net loss deepened 11% to EGP 962.2m. It refuted reports in October suggesting it had approached Egypt’s inve…
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Anonymous
Very good overview of the weekly steel market.
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