EGYPT STEEL BILLET, REBAR: Prices increase, demand slightly better

October 22, 2021 / www.metalbulletin.com / Article Link

Egypt's prices for imported billet and domestic reinforcing bar increased in the week to Thursday October 21, with demand also picking up from previous weeks, sources told Fastmarkets.

Local rebar producers increased their prices effective October 20.
Buying increased after the price hikes were announced because buyers believed prices could rise further, traders said.

On the other hand, the Advanced Cargo Information (ACI) system is still an additional cost for...

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