08
Jan
12:09
Egyptian rebar output reaches year-high in October
Egyptian domestic market rebar sales dropped -2% on-year in October 2018 to 649,400 tonnes, their third-highest monthly tonnage so far in 2018. This is according to the latest Central Bank of Egypt (CBE) data monitored by Kallanish.
The average price of these sales increased 3% on-year to EGP 12,238/tonne ($682.9/t).
Despite the sales blip, rebar production grew 13% in October to 865,700t, its highest level in 2018. Egyptian crude steel output that …
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Anonymous
Very good overview of the weekly steel market.
Anonymous