04
Nov
15:23
Egyptian rebar sales bounce back in July
Egyptian rebar sales recovered in July after a weak second quarter, rising 25% on-year to 601,300 tonnes, Kallanish learns from the latest Central Bank of Egypt (CBE) data.
Q2 was the worst-performing quarter for Egyptian rebar sales in over six years, with 1.35 million tonnes of shipments, an average of 450,000 t/month.
The average price of July sales increased 13% on-year to EGP 5,447.5/tonne ($613/t at July exchange rate). This was the second-highest …
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Anonymous
Very good overview of the weekly steel market.
Anonymous