HADISOLB denies exporting steel to Turkey, Syria

Cairo – Mubasher: Egyptian Iron and Steel (HADISOLB) denied the new circulating that it has signed contracts to export 4.5 million tons of steel to Turkey and Syria in return for $1.5 million.

Earlier, HADISOLB's board addressed the government to protect the steel's national industry.

The protection measures include limiting the exports of the steel and iron products, as well as providing the company with gas supplies at the price of $4/MMBtu.

Mubasher Contribution Time: 13-Jan-2016 13:22 (GMT)