North Africa Longs and Billet Price Analyses
You may find latest developments on North Africa and all the news about North Africa on SteelOrbis. Follow the latest analysis, prices, news and developments regarding both global and Turkish markets about North Africa.
Egypt’s longs export indications increase further, local offers expected to follow
Egypt significantly hikes rebar and wire rod export prices, keeps local offers stable
Free Algeria hikes local longs prices, Egypt to follow amid weaker currency, war in Middle East
Egypt keeps local longs and billet prices mostly stable, exports remain quiet
Local billet prices rise in Egypt, import offers become slightly more workable
Egypt’s longs prices increase locally, stable for exports
North African longs prices stable after holiday period
Local and export longs prices stabilize in Egypt, activity low in both segments
Egypt’s rebar price incentives prolonged into December, demand revives slightly
Turkey’s longs export prices less competitive than ex-North Africa offers
Egypt’s domestic rebar prices weaken as temporary incentives provided
High local rebar prices in Egypt may favor billet imports despite safeguard
US import rebar and wire rod prices mostly steady on sluggish domestic demand, low imports continue
Global View on Billet: Hope for better September fades away with unchanged prices and duty in Egypt
Ex-North Africa longs offers decline only slightly due to gradual downturn in scrap and competition with Turkey
US import rebar and wire rod pricing resumes upward trend on continuing supply issues
North African longs export offers slide amid slower trade
US import long steel steady to up on reduced supply, importers fear high replacement costs
North African longs export prices uneven as scrap decline increases pressure
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