EGYPT STEEL BILLET, REBAR: Billet prices down amid poor demand

The price of steel billet imported into Egypt has decreased in the week to June 13 on lower offers due to a lack of domestic demand.

Billet producers, from the Commonwealth of Independent States (CIS) in particular, expected demand to pick up after the observance of the Islamic holy month of Ramadan, but the market remained quiet this week. The recent drop in...


Vlada Novokreshchenova

June 13, 2019

16:05 GMT