EGYPT STEEL BILLET, REBAR: Billet import prices rise despite lack of demand, rebar unchanged

Steel rebar prices in Egypt remained unchanged in the seven days to Thursday, April 1, on continuing weak demand, sources told Fastmarkets.

Demand for rebar in the country has been weak since the imposition of a construction ban in May 2020, even though the rules were eased slightly in September 2020.

Market participants expected the construction ban to be further eased, leading to an increase in demand...

Published

Serife Durmus

April 01, 2021

15:43 GMT

Bursa