15
Mar
08:50
El Marakby prepares EAF for commissioning, increases sales
Egyptian rebar re-roller El Marakby Steel plans to increase its sales 18% on-year to EGP 1 billion ($111.7 million) in 2016. This will follow the commissioning of its new electric arc furnace by the end of this month, company chairman Hassan El Marakby tells Kallanish.
The firm is currently carrying out hot tests at its new 350,000 tonnes/year EAF meltshop and expects the plant to be ready for commissioning in a matter of weeks. The move will make El Marak…
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Anonymous
Very good overview of the weekly steel market.
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