AT A GLANCE: Ezz Steel H1 earnings down on low steel prices

A summary of the financial results for Egypt’s biggest steelmaking group, Ezz Steel, for the first half of 2019, between January 1 and June 30.

In brief

Earnings were down due to “the falling price of steel products and the rising costs of iron ore pellets. This pressure was increased by the exceptionally high costs of funding and energy in Egypt,”...


Serife Durmus

October 14, 2019

18:06 GMT