Fluctuating rebar prices and market trends among Egypt's steel companies

Rebar prices (EXW) in Egypt were announced between EGP 30,500 – 33,000 (1148,58 -1067,69 $).

In comparison to last week, there has been a significant increase in rebar prices by Egypt's producer, Misr Steel EGP 30,700 to EGP 31,000, El Komy Steel from EGP 30,000 to EGP 30,500, El Ola Steel from EGP 29,400 to EGP 30,500, and Al Gioshy Steel from EGP 30,000 to EGP 30,500. while Ezz Steel, Suez Steel, Beshay Steel and Marakby Steel  kept their prices at a stable level.

According to the data compiled by www.steelradar.com, the sales prices for Egyptian rebar are as follows:

Ezz Steel EGP 32.135 (1039 $) (0,00)

Suez Steel  EGP 32.050 (1037 $) (0,00)

Beshay Steel  EGP 33.000 (1067,69 $) (0,00)

Marakby Steel EGP 31.500 (1019,16 $) (0,00)