Egyptian steel mill
EZDK has announced unchanged August rolling hot rolled coil (
HRC) prices both for the domestic and export markets. Accordingly, the mill's domestic offers for
HRC are still standing at EGP 4,100/mt ($675/mt) ex-works. Meanwhile,
EZDK's
HRC offers to Saudi Arabia and
Europe are at $640-660/mt FOB base level. It is heard that the mill is accepting firm bids in the export markets.
$1 = EGP 6.074