13
Apr
15:35
Rising international prices seen supporting Egypt billet output
Egyptian billet production should increase as the upward movement in international scrap and billet prices enables mills in the North African country to become competitive, Ezz Steel marketing director George Matta tells Kallanish.
Egyptian rolling mills imported over 3 million tonnes of billet last year, taking advantage of the substantially lower cost of foreign semis compared to those produced by local integrated mills. High gas prices increased local di…
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Anonymous
Very good overview of the weekly steel market.
Anonymous