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ArabMetal – According to the third quarterly report of 2014, published on 17 February Total «Ezz Steel» sales of finished product value (long and flat) dropped by – 6.88%, to 14.881 million Egyptian pounds in the first nine months of 2014 compared to sales worth $ 15.981 million Egyptian pounds for the same period in 2013.
Total sales of finished products declined by 6.34% to 3327039 tons in the first nine months of 2014 compared to 3553694 tons in the same period of 2013, the highest percentage decline in sales of flat products sales by – 14.13% with 624,775 tons compared to 727,560 tons, sales of long products fell by – 4.38% and amounted to 2,702,264 tons in 2014 compared to 2,826,134 tons in 2013, the Egyptian market share 95% of long products, 59% of flat products.
The report showed a decline in total production of finished products (long and flat) by – 5.82%, to 3349262 tons compared to 3556324, flat products decline by – 22.83% to 566,235 tons compared to 733,786. long products declined slightly by – 1.4% to 2783027 tons compared to 2822538. Crude steel decline by – 2.2% to 2450515 tons compared to 2505737, for the same periods of 2014 and 2013.
The consolidated results of «Ezz Steel», during the nine month period ended September 30, 2014, Showed a net loss of 528.4 million pounds ($ 69.3 million) versus a profit of 593 million pounds ($ 77.8 million) during the same period in 2013.
total Ezz Steel production of nine months – years 2010 -2014
|
Company |
Long |
Flat |
Finished |
Crude Steel |
|---|---|---|---|---|
|
EzDk |
1,524,641 |
566,235 |
2,090,876 |
1,551,648 |
|
ESR/ERM |
920,548 |
0 |
920,548 |
579,561 |
|
EFS |
337,838 |
0 |
337,838 |
319,306 |
|
Total 9 months 2014 |
2,783,027 |
566,235 |
3,349,262 |
2,450,515 |
|
EzDk |
1509533 |
733786 |
2243319 |
1554309 |
|
ESR/ERM |
1005765 |
0 |
1005765 |
581274 |
|
EFS |
307240 |
0 |
307240 |
370154 |
|
Total 9 months 2013 |
2822538 |
733786 |
3556324 |
2505737 |
|
EzDk |
1466020 |
682778 |
2148798 |
1584406 |
|
ESR/ERM |
1002232 |
0 |
1002232 |
608249 |
|
EFS |
477927 |
0 |
477927 |
539661 |
|
Total 9 months 2012 |
2946179 |
682778 |
3628957 |
2732316 |
|
EzDk |
1380713 |
686690 |
2067403 |
1505925 |
|
ESR/ERM |
1027262 |
0 |
1027262 |
611540 |
|
EFS |
193995 |
101350 |
295345 |
303540 |
|
Total 9 months 2011 |
2601970 |
788040 |
3390010 |
2421005 |
|
EzDk |
1377486 |
750692 |
2128178 |
1403103 |
|
ESR/ERM |
1175709 |
0 |
1175709 |
612772 |
|
EFS |
0 |
386434 |
386434 |
49232 |
|
Total 9 months 2010 |
2553195 |
1137126 |
3690321 |
2065107 |
Source: Ezz Steel Reports
Prepare by «Arab Metal»
