SteelOrbis has learned from market sources that
Egypt's largest
rebar producer
EZZ Steel has reduced its domestic
rebar price by EGP 120/mt ($20/mt) for July to the level of EGP 4,330/mt ($715/mt) ex-works. The price in question is on actual weight basis and includes eight percent sales tax.
US$1 = EGP 6.056