29
Oct
14:16
Egypt domestic rebar sales decline deepens
Egyptian domestic market rebar sales inched down -2% on-year in July to 660,300 tonnes, but rebounded from 502,800t in June, according to the latest Central Bank of Egypt (CBE) data monitored by Kallanish. The average price of these sales fell -7% on-year to EGP 11,798/tonne ($731).
Rebar production in Egypt, meanwhile, fell -13% on-year in July to 697,400t, but rebounded from 491,000t a month prior. Crude steel output that month fell -20.2% on-year to 526,…
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Anonymous
Very good overview of the weekly steel market.
Anonymous