Egypt receives aggressive HDG import offers despite weak demand

Friday, 23 October 2009 15:54:10 (GMT+3)   |  
       

The latest HDG import offers given to Egypt for 0.5 mm 150 gr/m² zinc coated materials are as follows:

Origin

Price

China

$680/mt CFR

India

$720/mt CFR

South Korea

$820/mt CFR

Although HDG demand is weak in Egypt, competitive import offers have continued to be given from Asia, including the Far East. Especially, the decline of Chinese origin offers below the level of $700/mt has cast a shadow on the local Egyptian market.


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