15
Jan
13:29
Egypt rebar sales surge in November, production slumps
Egyptian domestic market rebar sales surged 32% on-year in November to 807,800 tonnes, their second-highest tonnage so far in 2019, according to the latest Central Bank of Egypt (CBE) data monitored by Kallanish.
The average price of November sales fell -16% on-year to EGP 10,211/tonne ($644).
Rebar production in Egypt, however, declined -18% in November to 519,800t, following weak domestic sales between May and September. Crude steel output that month is es…
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Anonymous
Very good overview of the weekly steel market.
Anonymous