Cairo-Mubasher: Al Ezz Dekheila Steel Co. – Alexandria said it is fully committed to timely paying its dues to gas suppliers, and it does not have any arrears which may impact its financial and contractual position.

The steel producer said in a bourse statement that the endorsed financial statements for the period ended 31 December 2014 showed EGP 612 million in the item of customers and debtors, which represents an advance to GASCO.  

Some newspapers reported that the company fails to pay for its natural gas supplies.