EGYPT STEEL BILLET, REBAR: Billet, rebar prices increase, demand moderate

Prices for steel billet and rebar in Egypt continued to rise in the week ended Thursday December 12 amid moderate demand from the construction sector, sources told Fastmarkets.

Egyptian rebar producers were offering rebar at E£10,000-10,580 ($618-654) per tonne ex-works including 14% VAT.

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


Serife Durmus

December 12, 2019

13:59 GMT