Egyptian rebar producers increase prices again

December 08, 2020 / www.metalbulletin.com / Article Link

Rebar producers in Egypt increased their prices by E ?300-500 ($19-32) per tonne, effective from December 6 and 7, sources told Fastmarkets.

Producers in the country are offering rebar at E ?11,450-11,600 ($729-739) per tonne ex-works including 14% VAT, up 3.6% from the previous range of E ?10,950-11,300 per tonne ex-works including VAT.
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