ArabFinance: Egyptian Iron and Steel Company (IRON) board of directors approved the business revenues of EGP 757.686 million in the first six months of the fiscal year (FY) 2020/2021, according to the companys statement filed to the Egyptian Exchange.

The listed companys sales and imports reached EGP 54 million in February 2021.

The Metallurgical Industries Holding (MIH) will appoint a liquidator next week in order to wind up the Egyptian Iron and Steel company (EISC).

ESIC, an affiliated company of Metallurgical Industries Holding, is an Egypt-based public shareholding company engaged in the exploitation, production, and trade of iron and steel products. The company provides two product segments, major products, and other Products.

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