According to market sources,
Egypt-based steelmaker Egyptian Steel has increased its
rebar prices for November production by EGP 350/mt week on week to EGP 9,150/mt ($548/mt) ex-works.
Meanwhile,
Egypt-based steelmaker Beshay Steel Group's
rebar prices for November output have moved up by EGP 286/mt week on week to EGP 9,100/mt ($544/mt) ex-works.
Lastly, another domestic producer EZDK Steel's
rebar prices for November production have increased by EGP 1,850/mt week on week to EGP 9,200/mt ($551/mt) ex-works.
All prices include 13 percent VAT.
$1 = EGP 16.7