Egyptian HRC market awaits new import price levels

Monday, 06 August 2012 16:37:17 (GMT+3)   |  
Hot rolled coil (HRC) demand in the Egyptian domestic market has remained low, while HRC prices have followed a sideways trend. After Ramadan, demand in the market is expected to recover and new offer levels for HRC are anticipated from Ukraine
 
In the meantime, HRC prices in the Egyptian domestic market are standing at EGP 4,100/mt ($674/mt) ex-works, while Egyptian HRC offers to export markets for August rolling are at the base price range of $640-660/mt FOB. In addition, Ukrainian HRC offers to Egypt are still standing at $575/mt CFR.
 
$1 = EGP 6.08

Similar articles

Flat steel demand sluggish in Egyptian domestic market

23 Jul | Flats and Slab

Flat steel demand in North Africa shows signs of recovery

02 Feb | Flats and Slab

North African HRC market remains sluggish

26 Oct | Flats and Slab

HRC prices increase in Egypt while remaining generally stable in Middle East

02 Jun | Flats and Slab

Political uncertainty in MENA hits flat steel demand in the region

02 Mar | Flats and Slab

Nucor CSP up for 21st week on domestic demand, low imports, energy strength

08 Jun | Flats and Slab

Turkey’s local and export HRC prices slip amid weak sales, market uncertainty

08 Jun | Flats and Slab

Local Indian trade HRC prices still squeezed by weak demand, mills’ June base prices stable

08 Jun | Flats and Slab

Major steel and raw material futures prices in China - June 8, 2026

08 Jun | Longs and Billet

EU HRC buyers focus on local trade, interest in imports only sporadic due to risks

05 Jun | Flats and Slab

Marketplace Offers

Hot Rolled Coil
Thickness:  2 mm
Width:  1,500 mm
Coil:   R
S235JR
YÜCEL BORU VE PROFİL END. A.Ş.
Hot Rolled Coil
Thickness:  2.5 mm
Width:  1,200 mm
Coil:   R
S235JR
YÜCEL BORU VE PROFİL END. A.Ş.
Hot Rolled Coil
Thickness:  2.5 mm
Width:  1,000 mm
Coil:   R
S235JR
YÜCEL BORU VE PROFİL END. A.Ş.