Rebar prices in the Egyptian local market witnessed relative stability during today’s trading, as most companies maintained their previous price levels without significant change, while one company recorded a slight decline in its prices.
Ezz Steel’s price stood at EGP 38,200 per ton, while Suez Steel and Egyptian Steel remained stable at EGP 35,000 and EGP 38,100 per ton, respectively. Beshay Steel was priced at EGP 37,000 per ton, and El-Marakeby Steel at EGP 35,000 per ton.
Meanwhile, Ashry Steel recorded EGP 35,000 per ton, Garhy Steel stood at EGP 36,000 per ton, and Al Gioshy Steel maintained its price at EGP 33,700 per ton with no change. Prices for Misr Steel and El-Komy Steel ranged between EGP 34,700 and EGP 34,200 per ton, respectively.
As for El-Ola Steel, it registered a slight decline of EGP 300, bringing its price down to EGP 33,200 per ton, marking the lowest price currently recorded in the local market.
Rebar prices were as follows compared to the week before 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 | 34,200 | 0 | |
El Ola Steel | 33,200 | -300 | |
Al Gioshy Steel | 33,700 | 0 |
Prices include 14% VAT