In a snapshot of the current steel market in Egypt, rebar prices have demonstrated stability this week, maintaining a similar range to the previous week. The prices for rebar were observed to fluctuate between EGP 40,500 and EGP 42,900 EXW. This stable pricing environment is crucial for stakeholders in the construction and manufacturing sectors, providing a reliable foundation for project cost estimations and budget planning.
The specific price points for various companies in the market are as follows:
Ezz Steel: EGP 42,000
Suez Steel: EGP 41,850
Bishay Steel: EGP 42,900
El Marakby Steel: EGP 42,200
Egyptian Steel: EGP 41,800
Ashry Steel: EGP 42,000
Garhy Steel: EGP 40,500
Misr Steel: EGP 42,000
El Komy Steel: EGP 41,500
El Ola Steel: EGP 41,000
Al Gioshy Steel: EGP 41,200
$1 = EGP 54,21
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