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 one company recorded a price decrease.
Ezz Steel’s rebar price stood at EGP 38,200 per ton, while Suez Steel and Egyptian Steel maintained their prices at EGP 35,000 and EGP 38,100 per ton, respectively. Beshay Steel recorded EGP 37,000 per ton, and El-Marakby Steel remained at EGP 35,000 per ton.
Meanwhile, Ashry Steel stood at EGP 35,000 per ton, Garhy Steel at EGP 36,000 per ton, and Al-Gioshy Steel remained unchanged at EGP 33,700 per ton. Misr Steel prices ranged around EGP 34,700 per ton.
On the other hand, El-Komy Steel prices dropped by EGP 700 to EGP 33,500 per ton, while El-Ola Steel decreased by EGP 300, reaching EGP 32,900 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 | 35,000 | 0 | |
Garhy Steel | 36,000 | 0 | |
Misr Steel | 34,700 | 0 | |
El Komy Steel | 33,500 | -700 | |
El Ola Steel | 32,900 | -300 | |
Al Gioshy Steel | 33,700 | 0 |
Prices include 14% VAT