Egyptian steel demand, output will keep rising in 2017, Ezz Steel says

Steel demand and production will keep increasing in Egypt in 2017, Ezz Steel's marketing director, George Matta, said at the Middle East Iron & Steel Conference in Dubai on Tuesday, December 13.

Matta based his assessment on Egypt having reasonable success in implementing its economic reform programme, along with higher control of bank reserves from the IMF loan and an overall improvement in the liquidity of foreign currencies, which will stabilise the dollar exchange rate.

“This will have a...

Published

Serife Durmus

December 13, 2016

16:25 GMT

Dubai