Despite the decline in rebar prices in the first quarter of 2025, the Egyptian market witnessed a double-digit decline in both production and sales, reflecting challenges facing domestic demand. According to official data issued by the Ministry of Supply and Internal Trade, Egypt's rebar production in March 2025 decreased by 18% compared to February of the same year, and by 17% compared to March 2024. These figures indicate a clear decline in the pace of operation within factories, possibly as a result of slowing demand. Conversely, sales were not in a better position, recording a 23% decline in March compared to the previous month, settling at 423.9 thousand tons. Despite this monthly decline, the annual comparison shows a relative improvement of 21% compared to sales in March of last year. In the first quarter of 2025, average rebar prices fell by 19%, reaching EGP 37,714 per ton, reflecting companies' attempts to stimulate demand by lowering prices. However, this price decline failed to stimulate the market, as total sales fell to 1.55 million tons, an 8% decline compared to the same period last year. Production also fell by 10%, reaching 1.952 million tons.
Egypt's production of rebar in January - March 2025
Month | 2025 | 2024 | Change |
January | 672.9 | 802.8 | -16% |
February | 701.6 | 668.7 | 5% |
March | 577.4 | 695.9 | -17% |
Total | 1951.9 | 2167.4 | -10% |
Egypt's rebar sales in January-March 2025
Month | 2025 | 2024 | Change |
January | 453.7 | 711.1 | -36% |
February | 554 | 487.6 | 14% |
March | 423.9 | 351 | 21% |
Total | 1431.6 | 1549.7 | -8% |
Rebar prices in Egypt in January - March 2025
Month | 2025 | 2024 | Change |
January | 37,958 | 43,469 | -13% |
February | 37,443 | 50,939 | -26% |
March | 37,742 | 45,851 | -18% |
Average | 37,714 | 46,753 | -19% |