EGYPT STEEL BILLET, REBAR: Billet prices fall again as duty uncertainty softens demand

September 27, 2019 / www.metalbulletin.com / Article Link

Import prices for steel billet in Egypt fell in the week ended Thursday September 26, amid lower offer and deal prices from the Commonwealth of Independent States.

Buyers were reluctant to book material because of uncertainty about the possible imposition of safeguard duties.The Supreme Administrative Court of Egypt has repeatedly postponed its decision on the possible re-imposition of safeguard duties on billet and rebar imports, and will not discuss the matter until October...

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