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English news

17-Sep-2017

Ezz steel increases ex-factory prices by EGP179 to EGP10,329 per tonne

Ezz Steel [ESRS.CA] has increased its steel ex-factory prices by cEGP179/tonne to reach EGP10,329/tonne as of 15 September 2017. It is worth mentioning that ex-factory prices do not include the 14% value-added tax (VAT). 
 
 
Ezz Steel: EGP17.58 as of 14 Sep 2017, Rating: Buy, TP: EGP27.50/share, MCap: USD542mn, ESRS EY/ESRS.CA
 

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