Egypt's largest steelmaker Ezz Steel has announced its financial results for the first half of the current year, reporting a net loss of EGP 176 million ($24.6 million), compared to a net profit of EGP 302 million in the first half of 2013. ...
Tags: Ezz Steel, long steel
Egypt's largest steelmaker Ezz Steel has announced its financial results for the first quarter of the current year, reporting a net loss of EGP 19 million ($2.65 million), compared to a net profit of EGP 202 million in the first quarter of ...
Tags: Ezz, Loss, Metallurgy
Egypt's largest steelmaker Ezz Steel has announced its financial results for 2013, reporting a net profit of EGP 134 million ($18.8 million), significantly increasing compared to EGP 8 million in the previous year. The company's sales ...
Tags: Ezz Steel, steelmaker
Egypt-based steelmaker Ezz Steel has given details of the Egyptian Court of Cassation's decision on the case regarding its acquisition of the El-Dekheila steel plant. The Court of Cassation has accepted the appeal submitted by Ahmed Ezz, ...
Tags: acquisition, steel
EZZ steel, Egyptian-based steel producer released its carbon steel hot rolled coil domestic and export prices for November. Its latest ex-work price of hot rolled coil (HRC) is unchanged since October about US$624/ton included 11% of ...
Tags: EZZ Steel, HRC Export Prices
During the opening ceremony of the Arab Steel Summit held in Dubai on October 26-28, Ezz Steel marketing director George Matta said he believes that both Ezz Steel and Egypt have come through the worst times and that the country is on the ...
Tags: Steel, Metallurgy, Mineral
It’s reported that Ezz Steel, the largest integrated steelmaker reported its financial result for the first half of this year. The company posted a net profit of EGP302 million of the first half of this year, in comparison of a net ...
Egypt's largest steelmaker Ezz Steel has announced its financial results for the first half of the current year, reporting a net profit of EGP 302 million ($43.8 million), compared to a net profit of EGP 82 million in the corresponding ...
Egypt's Ezz Steel announced to keep its prices for hot rolled coils (HRC) unchanged at US$683/ton for September. The company said that it is because the local market demand has recovered after the violence. Ezz Steel also remains its export ...
Tags: Steel, Construction
Middle East Rating and Investors Service (MERIS) has announced that it has downgraded the credit rating of Egypt-based steelmaker Ezz Steel to B+ from BB+, with the outlook being negative. According to MERIS, Ezz Steel is facing critical ...
Tags: Steel's Rating
It is reported that the Al Ezz Dekheila Steel Company, the largest steel company in Egypt and the Middle East and North Africa Region, has cut back the prices of steel rebar by EGP 200 per ton to hit EGP 4400 before tax in an attempt to ...
Tags: Ezz Steel, Steel Rebar Prices
It’s reported that EZZ Steel and Beshay Steel, the two major rebar producers in Egypt will cut rebar prices by EGP150/ton to EGP4, 800/ton for August, due to weak demand in Ramadan. Meanwhile, the Turkish rebar producers offered ...
Tags: Steelmakers, Rebar Prices
Egypt's EZZ Steel exported big percentage of rebar before 2007, but adjusted the long product sales to mainly on domestic market contributed to local strong demand. In 2012, export accounted only 3% of its long products but now they would ...
Tags: Steel, Construction
Ezz Steel, the largest steelmaker in Egypt posted a net profit of EGP 8 million for 2012, slumping from EGP 202 million in a year ago. Meanwhile, Ezz Steel realized sales revenues of EGP19.8 million, rising by 6% year on year. Ezz Steel ...
Tags: Egyptian Ezz Steel, Steel
Egypt's largest steelmaker Ezz Steel has announced its financial results for 2012, reporting a net profit of EGP 8 million ($1.15 million), compared to a net profit of EGP 202 million in the previous year. The company's sales revenues ...