November 11, 2021
Misr National Steel – Ataqa rise to 65.74 million pounds profit in 9 months
The financial statements of the Misr National Steel Company – Ataqa showed an increase in its profits in the first nine months of 2021 by 244% on an annual basis. The company stated in a statement to the Egyptian Stock Exchange that it achieved profits of 65.74 million pounds in the first nine months of …
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ArcelorMittal : Chinese Steel Demand Will Contract This Year
ArcelorMittal SA warned that Chinese steel demand will contract this year due to headwinds facing the real estate sector, in the latest sign of the widening fallout from the China Evergrande Group’s crisis. China dominates global steel markets as the largest producer and consumer, accounting for more than half of total demand. The real estate …
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