EGYPT STEEL BILLET, REBAR: Billet import prices slightly up in expectation of improving demand

Imported billet prices increased in Egypt because of higher offer prices, possibly inspired by an easing of the government's construction ban, but local rebar prices remained unchanged, sources told Fastmarkets on Thursday, October 1.

Demand for rebar and billet has been slow in the country since the imposition of construction ban on May 25, however, an easing of the rules on September 29 has led to the expectation that...


Serife Durmus

October 01, 2020

15:05 GMT