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Arab Steel Summit

March 30, 2021

Egyptian Iron and Steel Company pays 745 million pounds as part of the gas debt settlement

The Egyptian Iron and Steel Company has paid 745 million pounds, as part of the settlement of the natural gas debt owed by the company. The company has also taken some steps to improve its financial position, including rationalizing energy consumption. The company announced, in its response to the Central Auditing Organization, regarding the examination …

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