Production and sales of rebar in Egypt declined and its prices rose

According to data collected from the Arab Iron and Steel Union, Egypt’s production of rebar in 2023 declined by 4.1% compared to production in 2022, reaching 8.045 million tons, as the first half of 2023 witnessed a decline of 19.6% compared to the same period in 2022, while the second half witnessed an improvement. By 13.3% compared to the same period in 2022 and an improvement of 25.5% compared to the first half of 2023.