EGYPT STEEL BILLET, REBAR: Market stable on uncertainty, Ramadan

April 23, 2021 / www.metalbulletin.com / Article Link

The steel billet and rebar market in Egypt remained slow this week amid the uncertainty surrounding the country's construction ban and a slow market because of the Islamic holy month of Ramadan, sources said on Thursday April 22.

All markets in most Muslim countries tend to slow down over Ramadan, which started on April 12 and will end around mid-May, due to reduced working hours.

Market participants in Egypt are still expecting the rules of the ban to be eased,...

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