08
May
12:26
Egypt rebar output, domestic sales surge
Egyptian domestic market rebar sales surged 24% on-year in February to 681,400 tonnes, according to the latest Central Bank of Egypt (CBE) data monitored by Kallanish. This was also up 18% from January.
The average price of February sales fell -14% on-year and -3% on-month to EGP 10,040/tonne ($638).
Rebar production in Egypt, meanwhile, soared 42% on-year in February to 644,500t. This was also up 5% from the previous month. Crude steel output that month was…
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Anonymous
Very good overview of the weekly steel market.
Anonymous