13
Sep
11:51
Egypt plans flats investment: reports
Egypt’s cabinet has announced the establishment of an integrated industrial complex to produce flat steel at an investment cost of $1 billion, notes Kallanish.
According to Reuters, once operational, the works will produce 1.8 million tonnes/year of flat products, prioritising export markets but also catering to the domestic market.
The General Authority for the Suez Canal Economic Zone has approved the project, which will be established in cooper…
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Anonymous
Very good overview of the weekly steel market.
Anonymous