Egyptian rebar producers increase prices, demand still weak

Prices for steel rebar in Egypt increased in the week to Thursday March 23, in line with higher offers from mills, sources have told Fastmarkets.

Furthermore, Egypt has been suffering from a foreign currency shortage for over a year, making imports of raw materials and semi-finished products very difficult.
Domestic rebar

The country’s biggest producer,...

Published

Serife Durmus

March 23, 2023

17:06 GMT

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