Recently, steel prices in the Egyptian market have witnessed a state of relative stability, with some variation among the producing companies. Ezz Steel recorded 38,200 EGP per ton, while Suez Steel was priced at 38,100 EGP, Beshay Steel at 37,500 EGP, and Egyptian Steel at 38,000 EGP per ton, all without change.
On the other hand, El Marakby Steel prices declined to 35,400 EGP, down by 500 EGP, while Ashry Steel saw an increase of 500 EGP, reaching 32,200 EGP per ton. Meanwhile, Garhy Steel remained stable at 35,500 EGP without change.
Misr Steel recorded a slight increase of 200 EGP, reaching 31,700 EGP per ton, while El Komy Steel prices remained steady at 32,500 EGP. Both El Ola Steel and El Gioshy Steel registered a similar increase of 400 EGP, bringing their prices to 32,000 EGP per ton.
Overall, steel prices in Egypt continue to move within a limited range between stability, slight increases, and minor declines, reflecting a state of relative balance in the 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 | 38,100 | 0 | |
Beshay Steel | 37,500 | 0 | |
El Marakby Steel | 35,400 | -500 | |
Egyptian Steel | 38,000 | 0 | |
Ashry Steel | 32,200 | 500 | |
Garhy Steel | 35,500 | 0 | |
Misr Steel | 31,500 | 0 | |
El Komy Steel | 32,500 | 0 | |
El Ola Steel | 32,000 | 400 | |
Al Gioshy Steel | 32,000 | 400 |
Prices include 14% VAT