Jordan rebar prices unchanged for the week
Jordan Steel Company unchaged rebar prices for this week. The prices for Grade 60 EXW, between 420 and 432 dinars per tonne, excluding sales tax. However, with sales tax, it is between 500 and about 515 dinars per tonne.
Despite economic fluctuations and market uncertainties, Jordan Steel Company has opted to keep its pricing unchanged, aiming to provide reliability and consistency to its customers. Jordan Steel Company's decision to maintain stable prices amid market conditions underscores its dedication to fostering long-term partnerships with clients while contributing to the sustainable growth of the construction industry in Jordan.
Stability in Egypt's rebar market
This week, the rebar market in Egypt has shown signs of stability, with prices maintaining a consistent range between EGP 44,500 to EGP 54,000. Amidst fluctuating economic conditions, major steel manufacturers have kept their prices steady, providing a sense of assurance to buyers and stakeholders across the industry.
Here's a breakdown of the latest prices offered by prominent steel companies;
Ezz Steel: EGP 46,500
Suez Steel: EGP 53,520
Bishay Steel: EGP 47,000
El Marakby Steel: EGP 53,520
Egyptian Steel: EGP 46,500
Ashry Steel: EGP 46,500
Garhy Steel: EGP 45,158
Misr Steel: EGP 45,500
El Komy Steel: EGP 45,000
El Ola Steel: EGP 44,500
Al Gioshy Steel: EGP 45,500
This consistency in pricing is expected to facilitate smoother operations within the construction industry, ensuring sustained progress in various infrastructure projects across the country.
*1 USD = 47.50 EGP*
Comments
No comment yet.