Cairo - Mubasher: Egyptian Iron and Steel (HADISOLB)denied the news circulating that the company's workers were striking for dividends distribution and annual bonus.
The firm affirmed that all of its production operations as well as sales operations are continuing normally.
Earlier, the company's board addressed the government to protect the steel's national industry.
The company reported losses of EGP 272.6 in Q1-FY15/16, compared with EGP 408.36 million a year earlier.