The import price for steel billet retreated in Egypt in the week ended Thursday April 18, while domestic rebar prices increased, Fastmarkets has heard.
Fastmarkets' weekly price assessment for steel billet imported into Egypt was $450-455 per tonne cfr on Thursday, falling from $455-458 per tonne cfr last week.CIS-origin billet was offered to the country at $470 per tonne cfr, but demand was very weak and buyers believed $450-455 per tonne cfr to be...