EGYPT STEEL BILLET, REBAR: Buyers wait for lower prices

Steel rebar and billet buyers in Egypt are waiting for prices to fall further before placing orders, sources told Fastmarkets.

Global billet and rebar prices have recently been weakening; buyers in Egypt are waiting for prices to flatten before placing orders.
Fastmarkets’ weekly price assessment for steel billet import, cfr main port Turkey was $610-620 per tonne on September 16, falling from $620-625 per tonne on September 9.

Published

Serife Durmus

September 16, 2021

14:31 GMT

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