EGYPT STEEL BILLET, REBAR: Rebar prices decrease despite higher billet charges

The price for steel rebar in Egypt decreased in the week ended Thursday November 7 even as imports costs for steel billet rose, sources told Fastmarkets.

Egyptian rebar producers were offering rebar at E£9,600-9,900 ($592-610) per tonne ex-works including 14% VAT, down from last week’s E£10,400-10,900 per tonne ex-works including VAT. Sales were made at E£9,500-9,800 per tonne ex-works including 14% VAT...

Published

Serife Durmus

November 07, 2019

14:10 GMT

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