06
Feb
17:01
Hadisolb six-month sales rise, considers EAF rebar mil
Egyptian Iron and Steel Company (Hadisolb) recorded a -14.9% on-year decline in crude steel output to 111,700 tonnes in July-December 2016, but sales rose 25.6% to EGP 620.96 million ($33.75m).
The troubled steelmaker is studying the possibility of installing an electric arc furnace mini-mill to produce up to 750,000 tonnes/year of rebar, a source at the company tells Kallanish. This would eliminate the need for sourcing coke, which has in recent years been in s…
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Anonymous
Very good overview of the weekly steel market.
Anonymous