Ezz Steel [ESRS.CA] has announced an increase in steel prices by EGP600/tonne to reach a consumer price of EGP6280/tonne. Al Garhy Steel company also announced the increase in the price of steel by EGP675/tonne. (Al Alam Al Youm) Ezz Steel: EGP 8.32 as of 27 July 2016, Rating: Buy, FV: EGP 12.00 per share, MCap: USD509mn, ESRS EY / ESRS.CA
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