Price levels in the Egyptian domestic and export HRC markets are as follows:
Origin |
Price |
Egypt/EZDK |
EGP 3,400/mt ($620/mt) ex-works |
Egypt/Hadisolb |
EGP 3,100/mt ($566/mt) ex-works |
$620-630/mt FOB |
Local prices are excluding VAT and for January production.
US$1 = EGP 5.48000