Announcement

Tuesday, August 3, 2010

Ezz Steel raises EXW prices to compensate for tax hike

Steel prices are on the rise again and the largest listed manufacturer in Egypt is set to benefit. Ezz Steel raised its ex-factory price the price the manufacturer has to bear by EGP 50 to EGP 3,600 per tonnes to compensate for a tax hike levied on the steel it produces.

With prices of raw

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