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Ezz Steel Reports Fall in Earnings in H1 of 2019-The 21st China(Guangzhou) Int’l Forging Industry Exhibition
10/20/2019 - Forging Industry exhibition - Forging expo |
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Ezz Steel reported a sharp fall in earnings pressured by a sustained fall in the price of steel products and a rise in costs of iron ore pellets. For the six months ended 30 June 2019, EBITDA fell 81% to EGP 659 million and sales rose 2% EGP 25.9 billion. This increase in sales was driven by an 8% increase in long sales, which was partly offset by a 16% decrease in flat sales
Long steel production volumes totalled 1.9 million tonnes during H1 2019, up 10% from a year earlier. Flat steel production volumes decreased by 7% to 609,000 tonnes for the period, compared with 652,000 tonnes a year earlier.
鍛造展-第二十一屆廣州國(guó)際鍛造工業(yè)展覽會(huì)
-The 21st China(Guangzhou) Int’l Forging Industry Exhibition
- Forging Industry exhibition, Forging
Industry expo, 2020 Forging Industry exhibition, 2020 Forging Industry expo,
China Forging Industry exhibition, China Forging Industry expo, Forging
exhibition, Forging expo, 2020 Forging exhibition, 2020 Forging expo, China Forging
exhibition, China Forging expo
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