Ezz Steel records over $878mln block trading deal

The transaction was implemented on 333.86 mln shares

Staff Writer, Arab Finance

February 13, 2025

PHOTO
Image used for illustrative purpose. A worker holds steel rods at a factory belonging to Ezz Steel, Egypt's largest steel producer, at an industrial complex in Sadat City, 94 km (58 miles) north of Cairo. Amr Abdallah Dalsh, Reuters

Ezz Steel recorded a block-trading deal at a value of EGP 44.571 billion, the Egyptian Exchange (EGX) announced in a bourse disclosure on February 13th.

The transaction was implemented on 333.86 million shares.

Ezz Steel is an Egypt-based manufacturer and trader of steel and related products. Together with its subsidiaries, the company is engaged in the manufacture, trade, and distribution of iron and steel products of all kinds and associated services.

Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.

ZAWYA NEWSLETTERS

RELATED ARTICLES

ZAWYA NEWSLETTERS

LATEST VIDEO