EGYPT STEEL BILLET, REBAR: Market remains slow; buyers expect review of construction ban

January 15, 2021 / www.metalbulletin.com / Article Link

The long steel market in Egypt was slow during the week ending Thursday January 14 because of soft end-user demand, with prices unchanged, market sources have told Fastmarkets.

The main reason for the weak demand was the construction ban in Egypt, they added.
Egypt imposed a ban on construction in May 2020, but eased the rules in September.

Contractors and real estate developers were allowed to resume construction on buildings up to four storeys high, but only on...

Recent News

Gold stocks lead the large cap miners by far over H1/25

July 07, 2025 / www.canadianminingreport.com

Gold stocks up as the metal price and equities gain

July 07, 2025 / www.canadianminingreport.com

Mixed outlook for gold as it remains range bound for past three months

June 30, 2025 / www.canadianminingreport.com

Gold stocks down on flat metal price

June 30, 2025 / www.canadianminingreport.com

Gold stocks down on metal decline

June 23, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok