Egyptian producer EZDK's HRC offers to its domestic market have shown no change as compared to two weeks ago and are currently standing at the level of EGP 2,650/mt ex-works on actual weight basis. Meanwhile, HRC offers given by another Egyptian producer, Hadisolb, to the local market are currently standing at EGP 2,750/mt ex-works on actual weight basis, also indicating no change as compared to two weeks ago.
As for the export market, HRC offers given by EZDK are in the range of $400-410/mt FOB for June production material.
On the other hand, with regard to HRC offers given from Russia, prices have increased by $30/mt as compared to two weeks ago and currently stand at $410-440/mt CFR Egypt.