Ezz Steel Sales Flat in 2010 on Financial Crisis, Mal Reports

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Ezz Steel expects to report sales of 3.2 million tons this year, about the same as in 2009, as a result of the global financial crisis, Al Mal reported, citing the company’s sales director Samir Nomani.

The company will probably report “weak margins” in 2010 compared with last year, the Cairo-based newspaper quoted Nomani as saying.