Steel billet import prices in Egypt have fallen slightly over the past week amid poor demand and lower offer prices, while domestic rebar prices were unchanged despite expectations of lower values, sources said on Thursday November 22.
Fastmarkets' weekly price assessment for steel billet imported into Egypt was $475-480 per tonne cfr on Thursday, down from $480-485 per tonne cfr last week.Billet producers in the Commonwealth of Independent States (CIS) were offering material at $475-480 per tonne cfr, but the only deal heard was said to...