Tag: Egypt

Egypt’s Rebar Prices Correct amid Fall in Global Billet Offers

Mar 29, 2018

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by

Aditi Tiwari

in Rebar

After the uninterrupted price surge over past one month, rebar prices in Egypt have corrected by USD 10/MT this week. The main reason cited by the sources being fall in global billet offers following U.S. government announcement of 25% import tariffs on steel. The majority of producers in Egypt usually source billet from CIS countries…