According to market sources, Egypt-based steelmaker EZDK Steel has maintained its February rolling hot rolled coil (HRC) prices as compared to prices for January production materials at EGP 4,410/mt ($578/mt) ex-works, excluding 10 percent VAT.
On the other hand, the Egyptian producer's HRC offers to Turkey are currently at $425/mt FOB, for February production.
$1 = EGP 7.63