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10 Mar
14:27
In Egypt, rebar prices have increased effective from 10 March. Major mills have revised their prices for the third time in the last two weeks, Kallanish notes. Mills’ new domestic market ex-works net rebar prices, including 14% VAT, are at EGP 17,500/tonne ($978) for El Marakby and El Garhy, at EGP 17,000/t ($949) for Ezz Steel, and at EGP 16,900/t ($942) for Suez, Misr and Egyptian Steel. Dollar conversions exclude the 14% VAT levied in Egypt. For end user…
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