Egypt’s EZZ Steel revises down its rebar price for July

SteelOrbis has learned from market sources that Egypt's largest rebar producer EZZ Steel has reduced its domestic rebar price by EGP 120/mt ($20/mt) for July to the level of EGP 4,330/mt ($715/mt) ex-works. The price in question is on actual weight basis and includes eight percent sales tax.
 
US$1 = EGP 6.056