Today, November 2, Egypt-based steelmaker EZZ Steel has reduced its domestic rebar prices to its previous level at EGP 7,350/mt ($828/mt) ex-works, including 13 percent VAT. The steelmakers' domestic rebar prices were announced at EGP 8,548/mt ($963/mt) ex-works yesterday, November 1.
$1 = EGP 8.88