Egyptian rebar producers raise prices by $25/t

Rebar producers in Egypt have increased their prices by E£400 ($25.48) per tonne with effect from Friday May 7, sources told Fastmarkets.

Ezz Steel is now offering rebar at E£14,200 per tonne ex-works including 14% value-added tax, compared with a previous price of E£13,800 per tonne ex-works including 14% VAT. The previous price change was announced earlier this week.


Serife Durmus

May 07, 2021

09:53 GMT