Egypt's rebar consumption up by 28.26% y-o-y in March

Egypt consumed 776,000 tonnes of reinforcing bar (rebar) in March 2021, up by 28.26% from 681,000 tonnes last year, Ramy Saleh, chief business development officer at Egyptian long steel producer El Marakby Steel, told Fastmarkets.

Egypt's rebar consumption increased by 64.76% month on month in March, up from 471,000 tonnes in February, Saleh said.

The main reason why consumption increased compared with the first two months of 2021 is the continuation of government projects in Egypt, sources...

Published

Serife Durmus

April 21, 2021

13:14 GMT

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