EGYPT STEEL BILLET, REBAR: Import billet prices fall, demand weak

Prices for steel billet imported into Egypt dropped again in the week ending Thursday January 30 amid weak demand, sources told Fastmarkets.

Egyptian rebar producers were offering rebar at E ?9,650-10,000 ($610-632) per tonne ex-works including 14% VAT, unchanged since last week.
Deals were heard at these prices.

Fastmarkets' weekly price assessment for steel reinforcing bar (rebar),...

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