22
Mar
17:36
Marakby ships first billet to Turkey
El Marakby Steel has shipped its first billet cargo to Turkey, a representative for the Egyptian steelmaker confirms to Kallanish.
The representative did not respond to requests for clarification on the tonnage and pricing of the deal.
The move comes as somewhat of a surprise as it has traditionally been Turkey that supplies Egypt with billet and finished long products, rather than the other way around. Moreover, Egyptian rebar production has in recent years …
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