20
Jan
00:00
Egypt rebar output tumbles 7.8% in December, sales up but at lower prices
Egyptian rebar production declined 7.8% year-on-year in December to 714,600 tonnes while domestic sales of the product rose 8.8% over December 2013 to 705,500t. The average price meanwhile fell 3.3% to EGP 4,952/tonne ($678/t) ex-works, Kallanish learns from the Cairo regional office of the Arab Iron and Steel Union (AISU).
In full-year 2014 rebar production in Egypt declined 0.9% to 7.29 million tonnes, while sales dropped 5.7% to 6.86mt. The aver…
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Anonymous
Very good overview of the weekly steel market.
Anonymous