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06 Dec
14:50

Hadisolb seeks cheaper gas, import curbs

State-owned Egyptian Iron & Steel Company (Hadisolb) has called on the government to reduce the price of natural gas for steelmakers to $4/million BTU from $7/m BTU, Kallanish learns from various local media reports. The firm has also requested measures to curb imports of products it produces – the main being hot rolled coil – so that it can increase local sales. Moreover, the steelmaker is seeking the guarantee of a loan required to fund the reh…
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