Egypt-based steelmakers’ offers for July production rebar

SteelOrbis has been informed by market sources that Egyptian steelmaker EZZ Steel has kept its July production rebar prices stable as compared to its price levels for June output materials at EGP 4,900/mt ($685/mt) ex-works, including eight percent VAT. Meanwhile, over the same period another Egypt-based mill Beshay Steel has also maintained its July production rebar prices at the previous levels of EGP 4,880/mt ($683/mt) ex-works, including eight percent VAT.
 
$1 = EGP 7.15