29
Jun
14:48
Egypt domestic rebar sales rebound in April
Egyptian domestic market rebar sales increased 12% on-year in April to 525,500 tonnes, according to the latest Central Bank of Egypt (CBE) data monitored by Kallanish. This brought to an end five consecutive months of declining sales.
The average price of April rebar sales soared 90% to EGP 9,624/tonne ($531/t). This was however down $41/t from April 2016. Egyptian steel prices expressed in pounds have ballooned due to the Egyptian currency devaluation foll…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous