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07 Apr
11:45

Brazil aids further Egypt export recovery in January

The value of Egyptian steel exports surged 30% on-year in January to $64 million, according to Egypt’s Export Council for Building Materials, Refractories and Metallurgy Industries. This was driven by a 27% rise in shipments to Saudi Arabia and 156% surge to Spain, while Brazil took in $14m versus virtually zero a year earlier. Egyptian domestic market rebar sales, however, almost halved on-year in January to 308,100 tonnes, according to the latest Central B…
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