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
Egyptian HRC market awaits new import price levels
Marketplace Offers
Hot Rolled Coil
Thickness
2 mm
Width
1,500 mm
Coil
R
S235JR
Tedarikçi
YÜCEL BORU VE PROFİL END. A.Ş.
Hot Rolled Coil
Thickness
2.5 mm
Width
1,200 mm
Coil
R
S235JR
Tedarikçi
YÜCEL BORU VE PROFİL END. A.Ş.
Hot Rolled Coil
Thickness
2.5 mm
Width
1,000 mm
Coil
R
S235JR
Tedarikçi
YÜCEL BORU VE PROFİL END. A.Ş.
Similar articles
HRC prices increase in Egypt while remaining generally stable in Middle East
02 Jun | Flats and Slab