According to daily iron prices follow-up in Egypt, the rebar prices ranged between EGP 32,050– 38,000, EXW. Most steel companies fixed their prices compared to last week.
As the following steel companies announced their prices without changing their prices. Ezz Steel EGP 32,135, Suez Steel EGP 32,050, Beshay Steel EGP 38,000, El Marakby Steel EGP 37,500, Egyptian Steel EGP 32,050, Ashry Steel EGP 38,000, Garhy Steel EGP 37,000. However, Misr Steel raised from EGP 36,000 to EGP 36,500, El Komy Steel from EGP 35,500 to EGP 36,500, El Ola Steel from EGP 35,400 to EGP 36,000, and Al-Gioshy Steel from EGP 35,200 to EGP 36,100.
Steel prices today are as follows:
|Company||Price in EGP||w-w|
|El Marakby Steel||37,500|
|El Komy Steel||36,500|
|El Ola Steel||36,000|
Prices include 14% VAT