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Arab Steel Summit
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Rebar Prices Decline in Egypt

Rebar prices in Egypt saw notable changes during the third week of November, as producing companies announced their updated price lists, which came as follows:

Ezz Steel set its price at EGP 34,200 per ton, marking a decrease of EGP 4,000 compared to last week, while Al-Suez Steel posted a price of EGP 33,700, down by EGP 1,300. Bashay Steel announced a price of EGP 34,000, reflecting a drop of EGP 3,000, whereas El-Marakby Steel set its price at EGP 34,000, down by EGP 1,000.

Al-Masriyyeen Steel recorded a price of EGP 34,100 per ton, marking a decrease of EGP 4,000. Meanwhile, Al-Ashry, El-Garhy, and Misr Steel kept their prices unchanged at EGP 34,800, EGP 36,000, and EGP 34,700 per ton, respectively.

El-Koumy Steel posted a price of EGP 33,000 per ton, down by EGP 200, while Al-Oula Steel set its price at EGP 31,500, showing a decrease of EGP 1,100. Al-Gioushy Steel maintained its price at EGP 33,300 per ton, with no change from the previous week.

Rebar prices were as follows compared to the week last:

Company Price in EGP Indicator w-w w-w
Ezz Steel 34,200 -4000
Suez Steel 33,700 -1300
Beshay Steel 34,000 -3000
El Marakby Steel 34,000 -1000
Egyptian Steel 34,100 -4000
Ashry Steel 34,800 0
Garhy Steel 36,000

0

Misr Steel 34,700 0
El Komy Steel 33,000

-200

El Ola Steel 31,500 -1100
Al Gioshy Steel 33,300 0

Prices include 14% VAT

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