According to market sources, demand in the local Egyptian hot rolled coil (HRC) market has remained weak over the past month, while domestic prices have moved sideways at EGP 4,410/mt ($578/mt) ex-works in the same period.
Meanwhile, Egypt-based steelmaker EZDK Steel is expected to announce its April rolling HRC prices next week. Although HRC stocks are not at high levels in the local market, Egyptian traders want prices to remain unchanged due to their previously given orders, while they are concerned due to the possibility that declining global HRC prices may be reflected in April rolling local HRC prices.
HRC prices in local Egyptian 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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