09
Mar
13:44
Egypt's second-half-of-2019 rebar sales recover lost ground
Egyptian domestic market rebar sales surged 29% on-year in December 2019 to 656,000 tonnes, according to the latest Central Bank of Egypt (CBE) data monitored by Kallanish.
The average price of December sales fell -15% on-year to EGP 10,346/tonne ($659). It was, however, up 1% from the 2019-low in November.
Rebar production in Egypt, meanwhile, surged 19% on-year in December to 821,300t, the highest monthly tonnage in 2019. Crude steel output slumped for a s…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous