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07 Jan
15:52

New regulations seen slashing Egypt rebar imports

Egypt will from 1 March bring into force new trade regulations. These will require foreign steel producers to register with the General Organisation for Export & Import Control for approval to sell rebar in Egypt, a range of market participants tell Kallanish. This is seen initially bringing rebar imports to a halt before suppliers are successfully approved. Bookings from China are the first to cease, as any orders placed now from the East Asian nation will …
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