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Ezz Steel restarts, running below capacity
February 09, 2011 - 10:28 GMT
Ezz Steel has restarted production at four of its plants in Egypt, although the company is operating below its full capacity. “Ezz Steel plants are operating and have not suffered any physical damage,” the company said. “The plants are not not operating at full capacity due to the logistical impact of the government-imposed curfew and the disruption of communications.”
"As with many surrounding shops and buildings in the
Mohandessin area in Cairo, one of Ezz Steel’s
corporate offices has been looted and damaged. This is the only
damage that the company’s facilities have
sustained to date,"...
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Euromoney Institutional Investor PLC.
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