Rebar prices fell in Egypt, February 6, 2024
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Steel NewsFebruary 6, 20241 min read

Rebar prices fell in Egypt, February 6, 2024

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Rebar prices in

Egypt

witnessed a decline after rising at the beginning of the week, as a result of foreign currency rates in the parallel market. It decreased between EGP 5,250 - EGP 10,200 compared to prices at the beginning of the week. The prices were as follows: Ezz Steel EGP 49,920, Suez Steel EGP 49,920, Bishay Steel EGP 42,900, El Marakby Steel EGP 55,250, Egyptian Steel EGP 49,920 , Ashry Steel EGP 59,000

, Garhy Steel EGP 49,750, Misr Steel EGP 49,500, El Komy Steel EGP 48,000, El Ola Steel EGP 58,500 and Al Gioshy Steel EGP 49,000.

Today steel prices are as follows:

Company

Price in EGP

Indicator w-w

w-w

Ezz Steel

49,920

-5,360

Suez Steel

49,920

-5,360

Beshay Steel

42,900

0

El Marakby Steel

55,250

0

Egyptian Steel

49,920

+5,420

Ashry Steel

59,000

0

Garhy Steel

49,750

-5,250

Misr Steel

49,500

-9,500

El Komy Steel

49,500

-10,200

El Ola Steel

58,500

0

Al Gioshy Steel

49,000

-10,000

Prices include 14% VAT

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Rebar prices fell in Egypt, February 6, 2024 - Arab Iron and Steel Union