EGYPT STEEL BILLET, REBAR: Market remains slow amid expectations of a relaxation in building regulations

March 19, 2021 / www.metalbulletin.com / Article Link

Steel billet and rebar demand in Egypt remained weak in the seven day to Thursday, March 18, although market participants are hopeful that new construction regulations will lead to an upturn, sources told Fastmarkets.

Egypt has granted only a very limited permits for new construction projects since September 2020 when it relaxed the total ban that had been in place since May that year.

But there are now rumors that the construction...

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