Imported billet prices in Egypt fall due to continuing currency shortage

Prices for steel billet imported into Egypt fell in the week to Thursday March 16, with lower offers and bids coming in amid a continuing shortage of foreign currency, sources told Fastmarkets.

Egypt has been suffering from a foreign currency shortage for more than a year and steelmakers have limited their imports of raw material and semi-finished products because of problems they...

Published

Serife Durmus

March 16, 2023

16:47 GMT

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