India to Lead Global Demand for Steel in 2023
The forecast flourishing of Indian demand for steel, coupled with the decelerated demand in China caused by the surge in Covid cases, position India as a savior of the global demand for the metal.
Steel Prices Jump EGP 2,000/Ton
Mohamed Hanafy, director of the Chamber of Metallurgical Industries, says that steel prices increased in the local market due to a group of reasons, including the rise in the USD exchange rate against the Egyptian ...
Egypt to Maintain Tariffs on Steel Rebar from 3 Countries for 5 Yrs
Egypt will retain tariffs on steel rebar from China, Turkey, and Ukraine for a period of five years
Steel prices Hike by USD 11.205 Per Tonne
Cairo Chamber of Commerce announces that three Egyptian steel producers have raised steel prices for the local market by EGP 200 (USD 11.205) per tonne, Reuters reports.
Steel Rebar Prices Up in Egypt on Import Tariffs
Steel rebars used in construction increase by approximately 17% in Egypt after temporary import tariffs on rebars from China, Turkey and Ukraine came into effect last week, Reuters reports.
Egypt Imposes Tariffs on Chinese, Turkish, Ukrainian Steel
The Egyptian Trade and Industry Ministry is imposing temporary import tariffs on steel from China, Turkey and Ukraine, Invest-Gate reports. Steel Prices to Decline by EGP 300 on Average in April
Egypt’s steel factories are reducing their prices this month by an average of EGP 300 per ton, given the recession dominating the local market, Invest-Gate reports.
Ezz Steel eyes exports of USD 500-700 mn in 2017
Ezz Steel, a leading steel producer in the Middle East, is eyeing exports ranging between USD 500 mn and USD 700 mn in 2017, Invest-Gate reports.
Payments to Contractors Boost Saudi Steel Prices
Steel prices in Saudi Arabia experienced a strong upward surge this month after a government decision to pay construction sector dues, reported Reuters, citing a local newspaper.Page 1 of 1
