Ezz Steel Company (S.A.E) announced standalone and consolidated production results for the fourth quarter and full year ended December 31, 2023. On consolidated basis, Long steel production volumes totaled 3.52 million tonnes during fiscal year 2023, 8% increase compared to 3.27 million tonnes during fiscal year 2022. Flat steel production volumes increased 30% to reach 2.33 million tonnes in fiscal year 2023 compared to 1,790 tonnes in fiscal year 2022.

On consolidated basis, Long steel production volumes totaled 1.02 million tonnes during fourth quarter of 2023 compared to 1.00 million tonnes during fourth quarter of 2022. Flat steel production volumes totaled 0.6 million tonnes during fourth quarter of 2023 compared to 0.59 million tonnes during fourth quarter of 2022.

On standalone basis, Long steel production volumes totalled 0.88 million tonnes during fiscal year 2023 compared to 0.86 million tonnes during fiscal year 2022.

On standalone basis, Long steel production volumes totalled 0.24 million tonnes during fourth quarter of 2023 compared to 0.23 million tonnes during fourth quarter of 2022.