19
Oct
12:38
Egypt rebar sales and output plunge in July
Egypt’s domestic rebar sales plunged -18% on-year in July to 481,000 tonnes, while their average price was down -3% to EGP 4,812/t ($606.5), Kallanish learns from the latest Central Bank of Egypt (CBE) data.
Rebar production fell by -11% on-year in July to 489,400t. This number was far closer than the previous month to crude steel output, which declined -8.8% to 465,000t, according to worldsteel data. In June rebar production had exceeded crude s…
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Anonymous
Very good overview of the weekly steel market.
Anonymous