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

Uranium volatility after Russia's US export restrictions

November 25, 2024 / www.canadianminingreport.com

Gold stocks rebound on metal bounce and equity rise

November 25, 2024 / www.canadianminingreport.com

Crypto market size continues to catch up with gold

November 18, 2024 / www.canadianminingreport.com

Crypto stealing some of gold's thunder

November 18, 2024 / www.canadianminingreport.com

Gold stocks drop on metal price decline

November 11, 2024 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok