Suez Steel
Encyclopedia
Suez Steel is an steel
company located in Adabia, Egypt
. As of September 2006, Banque du Caire
, which owns or owned up to 80% of Suez Steel's stock
, has offered the stock for sale.
The company's stock is listed on the Egypt stock exchange.
Steel
Steel is an alloy that consists mostly of iron and has a carbon content between 0.2% and 2.1% by weight, depending on the grade. Carbon is the most common alloying material for iron, but various other alloying elements are used, such as manganese, chromium, vanadium, and tungsten...
company located in Adabia, Egypt
Egypt
Egypt , officially the Arab Republic of Egypt, Arabic: , is a country mainly in North Africa, with the Sinai Peninsula forming a land bridge in Southwest Asia. Egypt is thus a transcontinental country, and a major power in Africa, the Mediterranean Basin, the Middle East and the Muslim world...
. As of September 2006, Banque du Caire
Banque du Caire
Banque du Caire, or "Bank of Cairo", is a full service bank headquartered in Cairo. The bank operates over 123 branches in Egypt. It has branches in Abu Dhabi, Dubai, Sharjah, Ras al Khaima in the United Arab Emirates and Manama in Bahrain, representative offices in Kiev, Ukraine and Harare,...
, which owns or owned up to 80% of Suez Steel's stock
Stock
The capital stock of a business entity represents the original capital paid into or invested in the business by its founders. It serves as a security for the creditors of a business since it cannot be withdrawn to the detriment of the creditors...
, has offered the stock for sale.
The company's stock is listed on the Egypt stock exchange.