Billet import prices decrease in Egypt, rebar expected to follow

Billet import prices to Egypt decreased during the week ending Thursday November 25, and local rebar prices are also expected to decrease due to weakening billet prices in global markets, sources told Fastmarkets.

Fastmarkets’ daily steel billet index, export, fob Black Sea, CIS was $610 per tonne fob on November 24, falling from $630 per tonne on November 18.
Billet imports

Egyptian buyers made several billet import deals last week after the...

Published

Serife Durmus

November 25, 2021

16:13 GMT

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