Rebar prices decline in Egypt

Rebar prices recorded a new decline today in Egypt, as iron prices in the local market decreased by a value ranging between 500-600 pounds per tonne from the costs of last June.

Ahmed El-Ziny, Head of the Building Materials Division at the Cairo Chamber of Commerce, indicated that iron prices peaked in April, during which the price of a tonne reached about 20,920 pounds, while the costs of iron recorded successive declines in April, May, June, and July.

Today’s rebar prices are as follows:

Company EGP/ton
Ezz Steel 17,670
Suez Steel  17,570
Beshay Steel 17,500 
El Garhy Steel 17,300 
El-Marakiby steel 17,550 
Misr Steel 17,450 
Egyptian Steel
AlGioshy Steel 17,300

Prices are inclusive of 14% VAT

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Arab Iron and Steel Union ( AISU ) was established in Algeria in 1971 as the first Arab union of Arab countries to be established under the umbrella of the Council of Economic Unity in the League of Arab States.

AISU is a non-governmental organization of a private nature, not of a political or commercial nature.

AISU works in the field of preparing studies, organizing courses and holding periodic conferences for the prosperity of the Arab iron and steel industry. The union includes a wide range of companies with multiple activities related to the iron and steel industry.

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17 Country

300.000 Employees

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