EGYPT STEEL BILLET, REBAR: Prices stable, demand from private sector still weak

October 08, 2021 / www.metalbulletin.com / Article Link

Local reinforcing bar and imported billet prices in Egypt were stable in the week to Thursday October 7, while demand from the private sector was still weak, sources told Fastmarkets.

"Government funded projects continue, but private sector demand remains slow," one trader told Fastmarkets.

Some market participants expect prices to decrease due to weak demand, except for government projects, while some believe prices will...

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