Egypt-based EZDK keeps HRC prices stable for April

Wednesday, 03 April 2013 14:34:09 (GMT+3)   |   Istanbul
       

The uptrend seen in domestic hot rolled coil (HRC) prices in Egypt now seems to have left its place to a stable trend. Egyptian steel mill EZDK has kept its April production HRC prices unchanged as compared to prices for March production at EGP 4,510/mt ($662/mt) ex-works, exclusive of VAT.
 
HRC demand in Egypt is reported to be weak.
 
$1 = EGP 6.81

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