EGYPT STEEL BILLET, REBAR: All prices increase, but demand weak

Steel billet and reinforcing bar prices have increased again in Egypt for the week ended Thursday December 31, but demand remains weak due to the year-end lull in business, market sources told Fastmarkets.

Market participants want to see the global direction of prices at the beginning of January before placing orders.
Demand for rebar and billet has been slow in the country since the imposition of a construction ban on Monday May 25.

Published

Serife Durmus

December 31, 2020

15:27 GMT

Bursa, Turkey