ANNOUNCED AS TEMPORARYNo
On 09 March 2016, according to consistent press releases, the government of Egypt announced its decision to lower the natural gas prices its offers to Egypt-based steel and iron factories. The prices will be reduced from USD 7.0 to USD 4.5 per one million thermal units.
Furthermore, in the announcement it was also stated that the denoted gas prices will be made available to only those factories that operate at full capacity.
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