Rebar prices in the Egyptian market remained stable at several companies, while other producers recorded noticeable declines.
The price of a ton of steel at Ezz Steel stood at EGP 38,200, Suez Steel at EGP 37,900, and Beshay Steel at EGP 37,000, with no change from last week.
In contrast, El Marakby Steel dropped to EGP 36,000 per ton, down by EGP 1,500. Ashry Steel fell to EGP 35,500, losing EGP 250 per ton, while Misr Steel declined to EGP 35,500, down by EGP 300. El Komy Steel recorded EGP 34,500 per ton, a decrease of EGP 500, and El-Ola Steel fell by EGP 700 to reach EGP 33,800.
Meanwhile, Egyptian Steel, Garhy Steel, and Al Gioshy Steel remained unchanged at EGP 38,100, EGP 36,000, and EGP 35,000 per ton, respectively.
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 | 37,900 | 0 | |
Beshay Steel | 37,000 | 0 | |
El Marakby Steel | 36,000 | -1500 | |
Egyptian Steel | 38,100 | 0 | |
Ashry Steel | 35,500 | -250 | |
Garhy Steel | 36,000 | 0 | |
Misr Steel | 35,500 | -300 | |
El Komy Steel | 34,500 | -500 | |
El Ola Steel | 33,800 | -700 | |
Al Gioshy Steel | 35,000 | 0 |
Prices include 14% VAT