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Stability in Egypt’s Rebar Prices with Slight Declines for Some Companies

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

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