EGYPT STEEL REBAR, BILLET: Billet import price falls as safeguard uncertainty stifles buying activity

August 23, 2019 / www.metalbulletin.com / Article Link

The steel billet import price in Egypt fell in the week to Thursday August 22, with market activity limited because buyers want to wait until the court makes a decision on safeguard duties.

Egypt's Administrative Court suspended the temporary duties in July, prompting a flurry of court activity, which eventually led to the final session to discuss the matter being scheduled for August 4. That meeting has now been postponed for...

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