EGYPT STEEL BILLET, REBAR: Billet import prices fall, but no pick-up in demand

Imported steel billet prices in Egypt fell in the week to Thursday, August 19, but demand failed to improve, sources told Fastmarkets.

Demand for billet imports, however, was weak because of limited demand for the end product, rebar.
The Egyptian government ended the ban on construction on July 1.

However, rebar demand remained low in Egypt during the week because of decreasing global...

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