EGYPT STEEL BILLET, REBAR: Rebar prices unchanged as market awaits rethink on construction ban

Market participants in Egypt continued to wait for the easing of construction regulations, leaving rebar prices unchanged since 2020, sources told Fastmarkets on Thursday, April 8.

Demand for rebar in the country has remained weak since the imposition of a construction ban in May 2020 and has stayed that way despite a slight relaxation of the rules in September 2020.

The Egyptian government is expected to announce new regulations on...


Serife Durmus

April 08, 2021

16:00 GMT