Flat steel demand in the Egyptian domestic market has regressed to low levels in general with the start of Ramadan, while hot rolled coil (HRC) demand from Egyptian traders has continued as before. After Ramadan, demand in the country is expected to return to normal levels.
HRC prices in the Egyptian domestic market are standing at EGP 4,100/mt ($676/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 the meantime, Ukrainian HRC offers to Egypt are standing at $575/mt CFR.
$1 = EGP 6.07
Flat steel demand sluggish in Egyptian domestic market
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.
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