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02 Aug
14:34

Egyptian mills keep rebar prices unchanged for August

Major Egyptian mills have rolled over rebar prices for August deliveries, Kallanish notes. The announcement came late on Monday. August-rolling domestic ex-works net rebar prices, including 14% VAT, are at EGP 17,670/tonne ($815) for Ezz Steel, EGP 17,570/t ($810) for Suez Steel and EGP 17,550/t ($809) for El Marakby. The values are payable 10-20 days after the invoice date. Due to the depreciated local currency, dollar-denominated prices have dropped sā€¦
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