Billet import prices in Egypt correct downward but no bookings heard

Billet import prices in Egypt have decreased this week on new offers from the CIS region, but no significant bookings have been heard.

Offers from the CIS region were reported to Metal Bulletin on Thursday September 28 at $520-530 per tonne cfr.
This week’s price fall comes at the same time as Egypt has extended its anti-dumping duties on rebar imports from China, Turkey and Ukraine for another two months, announced on September 26.

Demand for billet has...


Serife Durmus

September 28, 2017

16:05 GMT