EGYPT STEEL BILLET, REBAR: Billet import prices down; Covid-19 virus starts to have impact on market activity

April 03, 2020 / www.metalbulletin.com / Article Link

Prices for imported steel billet in Egypt fell in the week to Thursday April 2, with market activity being stifled by the wider impact of the Covid-19 pandemic, sources told Fastmarkets.

Demand is weak, and trading activity is limited, sources said.

CIS-origin billet was on offer to Egyptian customers this week at $350-355 per tonne cfr, down from last week's $370-375...

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