Egyptian Iron and Steel Company to Contract with Tata Steel

Egyptian Iron & Steel (HADISOLB) (IRON.CA)  announced in a filing on Wednesday that it has appointed Tata Steel UK Ltd. to conduct a study on the company’s rehabilitation and requirements.

This comes in accordance with the decision of the prime minister, at the end of November last year, on launching assessment and rehabilitation process of the company on a number of consulting firms in order to study the company’s development.