According to daily iron prices follow-up in Egypt, rebar prices ranged between EGP 31,300–38,000, EXW. Rebar prices varied compared to last week.
The companies that did not change prices are Ezz Steel EGP 32,135, Suez Steel EGP 32,050, Beshay Steel EGP 38,000, Egyptian Steel EGP 32,050, and Garhy Steel EGP 37,000.
The companies that raised their prices are El Marakby from EGP 31,000 to EGP 32,500 and Ashry Steel, from EGP 31,000 to EGP 34,000.
While the companies that reduced prices are Misr Steel from EGP 34,000 to EGP 32,500. El Komy Steel from EGP 33,000 to EGP 32,000, El Ola Steel from EGP 32,000 to EGP 31,300, and Al Gioshy Steel from EGP 33,500 to EGP 32,000.
Today Steel prices are as follows:
|Company||Price in EGP||Indicator w-w|
|El Marakby Steel||32,500|
|El Komy Steel||32,000|
|El Ola Steel||31,300|
|Al Gioshy Steel||32,000|
Prices include 14% VAT