Ezz Steel mulls investment, acquisition but reveals no details

November 09, 2021 / www.metalbulletin.com / Article Link

Details of new investment by Egypt's Ezz Steel, including the possible acquisition of a stake in another steel company, will be disclosed in a timely manner after financial evaluation and legal audit are completed, the company said in a statement to the country's stock exchange on Sunday November 7.

There were rumors in the Egyptian steel market that Ezz Steel, the country's biggest steel producer, was planning to acquire a stake in an existing steel company. Ezz Steel said...

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