Ezz Steel aims to export more rebar

Publish time: 17th July, 2013      Source: ChinaCCM
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Egypt's Ezz Steel exported big percentage of rebar before 2007, but adjusted the long product sales to mainly on domestic market contributed to local strong demand.

In 2012, export accounted only 3% of its long products but now they would adjust more proportion to export as they are working to increase its dollar reserves to fund imports of raw materials.

Currently, around 10-15% of rebar being allocated to export but they set to increase it to 20%.

News Date 7/16/2013 11:23:58 AM reported by Ellen Huang