SteelOrbis has been informed by market sources that Egyptian steelmaker
EZZ Steel has kept its June production
rebar prices stable as compared to its price levels for May output materials at EGP 4,900/mt ($685/mt) ex-works, including eight percent VAT. Meanwhile, another
Egypt-based mill Beshay Steel has reduced its June production
rebar prices by EGP 20/mt ($3/mt) to EGP 4,880/mt ($683/mt) ex-works, including eight percent VAT.
$1 = EGP 7.15