10
Jan
13:06
Egyptian mills reduce rebar as billet declines
Ezz Steel has reduced rebar for domestic deliveries in January by EGP 300/tonne ($38) on-month to EGP 4,400/t ($562) ex-works, including 8% sales tax, after a further decline in international billet prices, market participants tell Kallanish.
Beshay Steel, meanwhile, cut its rebar price also to EGP 4,400/t, while Suez Steel and Egyptian Steel reduced their prices each to EGP 4,325/t and re-roller Misr National Steel Ataqa came down to EGP 4,100/t. All prices inc…
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Anonymous
Very good overview of the weekly steel market.
Anonymous