24
Nov
00:00
Hadisolb workers strike over halted production
Workers at Egyptian Iron & Steel Co (Hadisolb) have gone on strike over halted production at Egypt’s sole blast furnace-based steelmaker. They are demanding the company import coke to resume production after supplies from sister company El Nasr Co were interrupted due to production problems, a source close to the firm tells Kallanish.
The producer, 89.99%-owned by the government’s Metallurgical Industries Company, reported that its net loss w…
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Very good overview of the weekly steel market.
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