EGYPT STEEL BILLET, REBAR: Rebar prices dip, imported billet stable

Rebar prices in Egypt's domestic market widened downward in the week to Thursday May 9 because of limited demand caused by Ramadan and uncertainty over import duties.

The Islamic holy month of Ramadan started earlier this week. Egypt imposed temporary import duties on billet and rebar on April 15 at a rate of 25% for rebar and...


Serife Durmus

May 09, 2019

15:41 GMT