Steel prices in Egypt decreased by 5.4% in year
The prices of rebar in Egypt in 12 months decreased by 5.4% in July 2018 to the same month of 2019 . the prices of rebar in July of last year 12,530 Egy while it was 11,850 Egy in July 2019.
This came in accordance with the Building Materials Prices Bulletin issued by the Central Department of Requirements and Building Materials at the Ministry of Housing and Utilities.
The report pointed the steel prices have stabilized in various types during the month of July 2019, compared to June of this year.
The prices of rebar decreased by 5.4% in the last 12 ,while the price of galvanized steel up within 12 months by 0.1% to 5.3%.