Egyptian rebar producers announce their prices for August

According to market sources, Egyptian steel producer EZZ Steel has increased its rebar offers by EGP 100/mt ($14/mt) for August production compared to July production prices to EGP 5,000/mt ($699/mt) ex-works, including eight percent VAT.
 
Meanwhile, Beshay Steel has increased its rebar offers for August production by EGP 80/mt ($11/mt) compared to July output prices to EGP 4,960/mt ($694/mt) ex-works, including eight percent VAT.
 
$1 = EGP 7.15