Rebar prices in Egypt saw notable changes during the third week of November, as producing companies announced their updated price lists, which came as follows: Ezz Steel set its price at EGP 34,200 per ton, marking a decrease of EGP 4,000 compared to last week, while Al-Suez Steel posted a price of EGP 33,700, down by EGP 1,300. Bashay Steel announced a price of EGP 34,000, reflecting a drop of EGP 3,000, whereas El-Marakby Steel set its price at EGP 34,000, down by EGP 1,000. Al-Masriyyeen Steel recorded a price of EGP 34,100 per ton, marking a decrease of EGP 4,000. Meanwhile, Al-Ashry, El-Garhy, and Misr Steel kept their prices unchanged at EGP 34,800, EGP 36,000, and EGP 34,700 per ton, respectively. El-Koumy Steel posted a price of EGP 33,000 per ton, down by EGP 200, while Al-Oula Steel set its price at EGP 31,500, showing a decrease of EGP 1,100. Al-Gioushy Steel maintained its price at EGP 33,300 per ton, with no change from the previous week.
Rebar prices were as follows compared to the week last:
Company | Price in EGP | Indicator w-w | w-w |
Ezz Steel | 34,200 | -4000 | |
Suez Steel | 33,700 | -1300 | |
Beshay Steel | 34,000 | -3000 | |
El Marakby Steel | 34,000 | -1000 | |
Egyptian Steel | 34,100 | -4000 | |
Ashry Steel | 34,800 | 0 | |
Garhy Steel | 36,000 | 0 | |
Misr Steel | 34,700 | 0 | |
El Komy Steel | 33,000 | -200 | |
El Ola Steel | 31,500 | -1100 | |
Al Gioshy Steel | 33,300 | 0 |
Prices include 14% VAT