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Ezz Steel predicts attrition in steel sales
04-Sep-10 04:21:15 AM     [Egypt]
Ezz Steel of Egypt has said that the coming times shall witness a fluctuation in steel sales besides various difficulties. So, companies are better off to concentrate on fixing pri   Details.

Aldekhela’s profit rose in first half
17-Aug-10 02:19:50 AM     [Egypt]
Aldekhela Steel Alexandria has said that it earned a net profit of EFP 526,270,480 for the first half of current year as compared to net profit of 365,455,47 earned in same duratio   Details.

Ezz Steel raised ex-works prices
05-Aug-10 01:55:25 AM     [Egypt]
Steel tariff is rising again in Egypt and the biggest listed manufacturing company of the country Ezz Steel is attempting to benefit from the situation. It raised its ex-works aski   Details.

South Africa and Russia considering steel and power generation opportunities
05-Aug-10 01:53:00 AM     [South Africa]
South Africa is discussing tariff of its steel exports and purchase of electric power from Russian natural gas fired plant. South Africa is discussing 33.3% surcharge on Russian im   Details.

Egyptian companies fixed July rebar prices
05-Jul-10 02:14:13 AM     [Egypt]
Egyptian manufacturers have announced fixed price for rebar per July irrespective of the increase in sales tax which shall be applicable by the beginning of the month at the rate o   Details.

Ezz’s first quarter net profit surged
03-Jun-10 02:20:02 AM     [Egypt]
Ezz Steel is the biggest publicly traded steel manufacturer of Egypt. The company has reported 78% rise in first-quarter profit citing it was a positive sentiment for this year's s   Details.

LISCO sales and output improved
31-May-10 02:38:52 AM     [Libya]
Libyan Iron & Steel Company has increased its output of hot briquetted iron during the first quarter of the year in order to reach 189000 tons which is the highest number to be ach   Details.

Rebar prices crashed in Egypt
08-May-10 02:12:19 AM     [Egypt]
The price of steel rebars in Egyptian markets took as high as EGP 300 per ton dive on first day of current month chiefly due to nosedive of international prices resulting in strong   Details.

Steel production exceeded 10,000,000 tons in Egypt
24-Apr-10 02:33:07 AM     [Egypt]
The corporate marketing director of Ezz Steel has mentioned that the production of finished steel products in the country was going to exceed 9.5 million tons during 2010. Long pro   Details.

Imported steel drove domestic prices down in Egypt
15-Apr-10 12:49:29 PM     [Egypt]
Ezz Steel of Egypt is currently selling 37,000 tons of imported Turkish steel for EGP 4050 per ton ex factory. Sales director of the company stated that this was the last batch imp   Details.

Ezz raised April prices
06-Apr-10 02:42:56 AM     [Egypt]
Ezz Steel is the biggest steel manufacturer in Egypt. The company has increased its asking prices of steel products by 25% in general in order to recoup increased cost of productio   Details.

Egyptian Iron & Steel Company raised flat product prices
29-Mar-10 06:37:17 AM     [Egypt]
Egyptian Iron & Steel Company has announced an increase in its asking prices of flat steel products in domestic market by EGP 200 per ton. After this increase, average sales price    Details.

Highveld, JD Group, SABMiller - equity preview
25-Mar-10 03:59:00 AM     [South Africa]
FTSE/JSE Africa All Share Index of South Africa continued to decline for the second day losing 93.14 or 0.3% settling at 28,451.01. Highveld Steel & Vanadium Corp. (HVL SJ) is the    Details.

Restart of Ezz’s flat steel mill shall reduce Egyptian imports
15-Mar-10 02:29:35 AM     [Egypt]
The consumption of steel in Egypt leapt 40% during the last year settling at 9.15 million tons powered by national housing construction drive and state spending on infrastructure d   Details.