Egypt’s EZZ Steel increases rebar prices

Monday, 02 January 2012 09:55:49 (GMT+3)   |  
SteelOrbis has learned from market sources that Egypt's largest rebar producer EZZ Steel has increased its domestic rebar price by EGP 100/mt ($17/mt) for January to the level of EGP 4,600/mt ($763/mt) ex-works. The price in question is on actual weight basis and includes eight percent sales tax.
 
As SteelOrbis previously reported, EZZ Steel had kept its rebar prices unchanged for December as compared to November levels.
 
US$1 = EGP 6.03

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