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Monday, 5 February 2018

Kandil Steel to invest USD 40 mn in expanding production capacity

INVESTMENT WATCH- Kandil Steel plans to invest USD 40 mn to increase by 50% capacity to produce galvanized steel, chairman Amr Kandil tells Al Borsa in an interview. The company hopes to boost production to 900k tonnes from a current 600k by 2019, he added.

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