Ezz Steel increases ex-factory prices by EGP307 to EGP10,000 per tonne
Ezz Steel [ESRS.CA] has increased its steel ex-factory prices by cEGP307/tonne to reach EGP10,000/tonne as of 13 August 2017. It is worth mentioning that ex-factory prices are exclusive of the 14% value-added tax (VAT).
Ezz Steel: EGP17.53 as of 10 Aug. 2017, Rating: Buy, TP: EGP27.50/share, MCap: USD537mn, ESRS EY/ESRS.CA
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