EGYPT STEEL BILLET, REBAR: No change on construction bans slows market

The steel billet and rebar market in Egypt was slow this week because of a lack of changes to the country's construction ban, sources told Fastmarkets on Thursday April 15.

Market participants in Egypt were expecting the rules of the ban to be eased, however, no changes have been announced.

The construction ban was first imposed in May 2020, with the rules slightly eased in September 2020 to allow contractors and real estate developers to resume construction on buildings up to four...


Serife Durmus

April 15, 2021

16:18 GMT