Rebar prices in Egypt recorded relative stability, ranging between EGP 31,500 and EGP 38,200 per ton, according to the data announced by companies.
The prices were as follows: Ezz Steel at EGP 38,200 per ton, followed by Suez Steel at EGP 38,100, then Egyptian Steel at EGP 38,000, while Beshay Steel stood at EGP 37,500, and El-Marakby Steel at EGP 35,900.
Other companies’ prices ranged between EGP 31,500 and EGP 35,500, with El-Garhy Steel recording EGP 35,500 per ton, and Misr Steel at EGP 31,500, while El-Komy Steel stood at EGP 32,500.
Some companies witnessed slight price drops, most notably El-Ashry Steel, which declined by EGP 400 to record EGP 31,700 per ton, as well as El-Ola Steel and ِAl-Gioshy Steel, both of which saw a decline of EGP 500, bringing their prices down to EGP 31,600 per ton each.
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 | 35,900 | 0 | |
Egyptian Steel | 38,000 | 0 | |
Ashry Steel | 31,700 | -400 | |
Garhy Steel | 35,500 | 0 | |
Misr Steel | 31,500 | 0 | |
El Komy Steel | 32,500 | 0 | |
El Ola Steel | 31,600 | -500 | |
Al Gioshy Steel | 31,600 | -500 |
Prices include 14% VAT