EGYPT STEEL BILLET, REBAR: Buyers resist higher billet prices

March 15, 2019 / www.metalbulletin.com / Article Link

Steel billet import prices in Egypt have increased over the past seven days with higher offers being heard, sources told Fastmarkets on Thursday March 14.

Fastmarkets' weekly price assessment for steel billet imported into Egypt was $475-480 per tonne cfr on Thursday, rising from $470-475 per tonne cfr last week.CIS-origin billet was offered to the country at $480 per tonne cfr, but no major bookings were heard.The reasons...

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