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Rebar prices fall in Egypt

Rebar prices in Egypt recorded a new decline today, as iron prices in the local market decreased by 1000 pounds per ton.

Ahmed El-Ziny, Head of the Building Materials Division at the Cairo Chamber of Commerce, indicated this decline is due to the drop in international prices of billet by $150 per ton.

Rebar prices  May 23, 2022, were as follows:

Company EGP/ton
Ezz Steel 18,170
Suez Steel  18,070
Beshay Steel 18,075
Elatal Steel 18,050
El-Marakiby steel 17,850
Alshry Steel 18,000
Misr Steel 18,000

Prices are inclusive of 14% VAT

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About AISU

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.

Information About Union

92 Members

28 Board of Directors

17 Country

300.000 Employees

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