Egypt’s Beshay Steel reduces local rebar prices

Monday, 24 October 2011 15:12:05 (GMT+3)   |  
       

SteelOrbis has been informed that Egyptian steel producer Beshay Steel has decreased its domestic rebar prices by EGP 285/mt ($48/mt) as compared to its price level for November, to EGP 4,495/mt ($753/mt) ex-works. The price in question is on actual weight basis and includes eight percent sales tax.
 

US$1 = EGP 5.97


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