20
Jan
14:31
Egyptian October rebar output falls to multi-year low
Egyptian rebar sales increased 4% on-year in October 2015 to 513,700 tonnes, but their average price was down -7% to EGP 4,768.8/tonne ($609), Kallanish learns from the latest Central Bank of Egypt (CBE) data. Sales were also down -11% from September.
Rebar production plummeted -25% on-year in October to 363,600t, the lowest monthly output in over five years. The next-lowest production since the start of 2010 was recorded at 390,000t in August 2013 amid social u…
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Anonymous
Very good overview of the weekly steel market.
Anonymous