Steel billet import prices in Egypt have fallen slightly over the past week amid poor demand, while domestic rebar prices were unchanged despite expectations of lower values, sources said on Thursday November 15.
Fastmarkets' weekly price assessment for steel billet imported into Egypt was $480-485 per tonne cfr on Thursday, narrowing downward from $480-490 per tonne cfr last week.Billet producers in the Commonwealth of Independent States (CIS) were offering the material in the range of $480 to $500 per tonne cfr, but the only...