Rebar prices in the Egyptian local market witnessed relative stability during today’s trading, as most companies maintained their previous price levels with no significant changes, while some companies recorded slight declines.
Ezz Steel’s price stood at around EGP 38,200 per ton, while Al-Suez Steel and Egyptian Steel remained stable at EGP 35,000 and EGP 38,100 per ton, respectively. Beshay Steel recorded EGP 37,000 per ton, and El-Marakby Steel stood at EGP 35,000 per ton.
Meanwhile, Garhy Steel was priced at EGP 36,000 per ton, and Misr Steel at EGP 34,700 per ton.
As for Ashry Steel, it declined by about EGP 200 to reach EGP 34,800 per ton, while El-Komy Steel dropped by about EGP 300 to EGP 33,200 per ton. Al-Ola Steel also decreased by around EGP 300 to EGP 32,600 per ton, and Al Gioshy Steel fell by about EGP 400 to EGP 33,300 per ton.
Rebar prices were as follows compared to the week last:
Company | Price in EGP | Indicator w-w | w-w |
Ezz Steel | 38,200 | 0 | |
Suez Steel | 35,000 | 0 | |
Beshay Steel | 37,000 | 0 | |
El Marakby Steel | 35,000 | 0 | |
Egyptian Steel | 38,100 | 0 | |
Ashry Steel | 34,800 | -200 | |
Garhy Steel | 36,000 | 0 | |
Misr Steel | 34,700 | 0 | |
El Komy Steel | 33,200 | -300 | |
El Ola Steel | 32,600 | -300 | |
Al Gioshy Steel | 33,300 | -400 |
Prices include 14% VAT