Egypt's biggest rebar producers keep prices stable, billet safeguard duty rises

The major Egyptian rebar producers have kept their rebar prices unchanged for orders to be placed in September, market sources told Fastmarkets on Monday September 2.

The country’s biggest producer, Ezz Steel, is offering rebar at E£11,890 ($718) per tonne ex-works, Beshay Steel is offering rebar at E£11,830 per tonne ex-works and El-Marakby Steel’s price is E£11,580 per tonne ex-works. All these prices include VAT at 14%.

Fastmarkets’ weekly price assessment for steel reinforcing bar (rebar), domestic, exw Egypt, remained...

Published

Serife Durmus

September 02, 2019

16:48 GMT

Bursa