EZDK of Egypt hesitates to import into EU

EZDK of Egypt hesitates to import into EU

Egyptian mill EZDK is taking the threat of anti-dumping into Europe very seriously and has decided not to offer coverage for duty surges to its potential buyers. At that point, most EU buyers have withdrawn their support to the mill. EZDK's FOB level is likely to drop dramatically as it seeks new territories to redirect its soon to be shipped 2 million mts of hot rolled coil.