Ezz Steel
Egypt’s Ezz Steel 9-month net profit falls 26 percent
Egypt
January 31, 2012
Egypt’s Ezz Steel 9-month net profit falls 26 percent
Egypt’s largest steel producer, Ezz Steel, said on Tuesday its net profit for the first nine months of 2011 declined…
Iron companies fix prices in response to lower demand
Business
December 1, 2011
Iron companies fix prices in response to lower demand
Iron companies operating in the local Egyptian market have declared they will not raise prices in December despite rising costs…
Detained steel tycoon to face trial on money laundering charges
Egypt
November 3, 2011
Detained steel tycoon to face trial on money laundering charges
Attorney General Abdel Meguid Mahmoud on Thursday referred steel magnate Ahmed Ezz to the Cairo Criminal Court on charges of…
Low-cost Turkish iron prompts Egyptian producers to cut prices
Business
October 25, 2011
Low-cost Turkish iron prompts Egyptian producers to cut prices
Several Egyptian iron companies have slashed product prices for November in a move that workers attributed to falling international prices…
For social justice, government must reform fuel subsidies
Business
October 16, 2011
For social justice, government must reform fuel subsidies
If Egypt is to achieve social justice and an efficient economy, the government must strengthen its regulatory capacity, remove subsidies…
Ezz Steel case postponed to 2 November
Egypt
October 3, 2011
Ezz Steel case postponed to 2 November
Giza Criminal Court postponed on Monday its review of the Ezz Steel case to 1 November. Former National Democratic Party…
Egypt’s Ezz Steel falls 10% after statement
Business
September 18, 2011
Egypt’s Ezz Steel falls 10% after statement
Ezz Steel , whose shares tumbled last week after a court jailed its former chairman and ordered two licenses be…
Rebar demand declining
Business
January 5, 2011
Rebar demand declining
Rebar demand in Egypt has declined during the last few days, according to the general manager of the Metallurgical Industries…
Five Egyptian, Arab companies to apply for steel production permits
Business
October 18, 2010
Five Egyptian, Arab companies to apply for steel production permits
Five Egyptian and Arab companies, including local giant Ezz Steel, obtained technical qualification applications on Monday, allowing them to compete…
Iron factories export to Arab countries to counter recession
Business
June 20, 2010
Iron factories export to Arab countries to counter recession
Local factories and companies have begun exporting iron to Arab countries, primarily Libya and Sudan, after a three-year halt.Beshay Steel…