10
Feb
15:28
Hadisolb plans rehabilitation tender by end-March
Egyptian Iron and Steel Company (Hadisolb) plans to issue by the end of March an international tender to select a contractor for its rehabilitation, a source at the steelmaker tells Kallanish.
Hadisolb’s planned overhaul, estimated to cost around $200 million, will be funded from loans as well as its impending rights issue. The issue will amount to a 100% capital increase and is set to kick off this week.
Last month Hadisolb contracted Metals Consulting…
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Very good overview of the weekly steel market.
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