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28 Jun
15:24

Al Gioshy Steel plans to list in 2019

Egyptian re-roller Al Gioshy Steel plans to list on the Egyptian Stock Exchange in 2019 in order to expand sources of funding and increase market share, the company tells Kallanish. The firm is yet to decide what proportion of its shareholding will be listed. Last January Al Gioshy inaugurated in 6th of October City its 240,000 tonnes/year capacity rebar mill that was commissioned in 2015 (see Kallanish passim). The mill, led by businessman Tarek Al Gioshy, plan…
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