AT A GLANCE: Ezz Steel H1 2020 earnings down on construction ban

A summary of the financial results for Egypt’s biggest steelmaking group, Ezz Steel, for the period from January 1 to June 30, 2020.

In brief
Ezz Steel said that its net sales were down because of, “the suspension of new building permits in particular and the drop-in construction activity in general."

Egypt imposed a domestic construction ban on May 25, however, the...


Serife Durmus

October 01, 2020

16:24 GMT