EGYPT STEEL BILLET, REBAR: Import billet prices up on higher offers

May 17, 2019 / www.metalbulletin.com / Article Link

Steel billet from suppliers in the Commonwealth of Independent States (CIS) was on offer this week to Egyptian customers at $450-455 per tonne, but with one deal heard concluded at $445 per tonne cfr.

Fastmarkets' weekly price assessment for steel billet imported into Egypt was $445 per tonne cfr on Thursday May 16, narrowing upward from $440-445 per tonne cfr on May 9 because of the pressure from the higher offers.The price has been on a general downtrend...

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