Egypt rebar prices increase again, hit highest since September 2019

Egyptian rebar producers added E£100-154 ($6.35-9.78) per tonne to their prices - in effect from Monday December 14 - sources told Fastmarkets.

Producers are now offering rebar at E£12,450-12,465 ($791-804) per tonne ex-works including 14% VAT, rising from E£11,450-11,600 per tonne including VAT previously, market participants said.

The last time prices changed was on December 7, while the latest price increase marks the fourth time rebar prices have increased...


Serife Durmus

December 14, 2020

17:01 GMT