16
Mar
16:07
Egyptian rebar sales growth turns negative in November
Egyptian domestic market rebar sales slumped -5% on-year in November 2016 to 505,700 tonnes, bringing to an end four consecutive months of increases, Kallanish learns from the latest Central Bank of Egypt (CBE) data. This also represented a -28% fall in sales from the previous month.
Egyptian steel buying was curtailed in November by rapidly changing prices and the floating by the country’s central bank of the pound, whose value was consequently drast…
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Anonymous
Very good overview of the weekly steel market.
Anonymous