Cairo – Mubasher: Egyptian Iron and Steel (HADISOLB) said its board of directors gave a nod to amend the company’s products selling prices after the decision of floating the Egyptian pound against the US dollar.
The company stated the selling price for local market would be determined according to the demand and supply law, considering the recent hike in prices after liberalizing the local currency against the US dollar.
In respect to the exports price, the company stated that it would determined according to international steel prices.
