Egyptian rebar producers increase prices on higher production costs

October 21, 2021 / www.metalbulletin.com / Article Link

Steel rebar producers in Egypt increased their prices by around E ?400-600 ($25-38) per tonne with effect from Wednesday October 20, Fastmarkets has heard.

The country's biggest producer, Ezz Steel, was now offering rebar at E ?15,000 ($952) per tonne ex-works including 14% VAT, rising from the previous E ?14,600 per tonne. The price was previously unchanged since May 17.

Rebar producers in Egypt...

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