SteelOrbis has been informed by market sources that Egyptian steelmaker
EZZ Steel has kept its September production
rebar prices stable as compared to its price levels for August output materials at EGP 5,000/mt ($699/mt) ex-works, including eight percent VAT. Meanwhile, another
Egypt-based mill, Beshay Steel, has also kept its September production
rebar prices unchanged at the August output price level of EGP 4,960/mt ($694/mt) ex-works, including eight percent VAT.
$1 = EGP 7.15