23
Mar
00:00
Demand growth supports Egypt steel prices, Ezz forecast down on DRI delay: bank
Egyptian steel longs prices should remain supported by an expected pick-up in infrastructure and real estate projects, which will fuel “significant” annual demand growth of 6% in the coming years, according to investment bank EFG Hermes.
Global steel prices have been “severely” pressured over the past few months due mainly to a significant correction in raw materials prices. However, Egyptian domestic prices for rebar have been genera…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous