19
Dec
10:14
Egyptian rebar prices increase for second consecutive week
Major Egyptian mills have increased their domestic market 12-32mm diameter rebar quotes by nearly EGP 2,000/tonne ($81.05) on-week, for the second consecutive week, effective 19 December, Kallanish learns.
"Due to tightening monetary policies run by the US Fed and major central banks, nearly $22 billion left Egypt in 2022, which created a deficit in the Central Bank of Egypt's foreign currency reserves,” El Marakby…
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Anonymous
Very good overview of the weekly steel market.
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