Egyptian Steel

Al Ezz Dekhelia Steel, a subsidiary of Ezz Steel, has secured regulatory approval to acquire an 18-percent stake in Egyptian Steel Company from Ahmed Abou Hashima for EGP 2.5 billion ($159.2 million).

Harsco Corporation's Metals & Minerals division signed a ten-year, $60 million mill services contract with Egyptian Steel to provide slag management, scrap management and material handling at Egyptian Steel's new Ain Sokhna plant. Services are scheduled to begin in January 2018.

Harsco Corporation's Metals & Minerals division signed a ten-year mill services contract with Egyptian Steel valued at approximately $60 million, to provide slag management, scrap management and material handling services at Egyptian Steel's Ain Sokhna plant, with services scheduled to begin in January 2018.