Egypt’s EZZ Steel keeps local rebar prices unchanged

SteelOrbis has learned from market sources that Egypt's largest rebar producer EZZ Steel has kept its domestic rebar prices unchanged for December at last month's price level of EGP 4,500/mt ($750/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 reduced its rebar prices for November as compared to October levels by EGP 300/mt ($50/mt).
 
US$1 = EGP 6.00