EGYPT STEEL BILLET, REBAR: No decision on new duties leaves prices static

Steel billet import and domestic rebar prices in Egypt have been stable over the past week amid poor demand, sources said on Thursday December 6.

Fastmarkets’ weekly price assessment for steel billet imported into Egypt was $450-460 per tonne cfr on Thursday, unchanged week on week. Billet producers in the Commonwealth of Independent States (CIS) were offering material at $450-460 per tonne cfr, but no deals have been heard. Buyers have been waiting to see if a new duty...

Published

Serife Durmus

December 06, 2018

15:38 GMT

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