01
May
20:16
Saudi mills seek Egypt rebar trade continuation
Saudi Arabian mills are in talks with Egyptian authorities over an agreement that will enable them to continue exporting rebar to their Red Sea neighbour after Egypt imposed rebar import restrictions.
Egypt implemented a provisional safeguard tariff of up to 25% of the value of bar and rod imports for a period of 180 days from 15 April (see Kallanish passim). The country is carrying out an investigation into the effects of rebar imports on its domestic stee…
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Anonymous
Very good overview of the weekly steel market.
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