Egypt-based EZZ announces its local and export HRC offers

Wednesday, 06 November 2013 14:14:36 (GMT+3)   |   Istanbul
Egypt-based steel producer EZZ Steel has announced its local and export hot rolled coil (HRC) offers, with local prices for November production materials remaining unchanged as compared to prices for October output at EGP 4,300/mt ($624/mt) + 11 percent VAT, ex-works.
 
Meanwhile, HRC offers from EZZ Steel to Turkey can be found in the range of $560-570/mt FOB, while the mills' offers for other European countries are at $565-575/mt FOB. In addition, EZZ Steel is offering HRC to the Saudi market at the price level of $580/mt FOB. The mill's HRC offers for foreign customers exclude VAT and are for December shipments.
 
$1 = EGP 6.89 

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