Egypt’s Steel Price Reset Raises Competition and Export Questions
CAIRO — Near-simultaneous price increases by three major Egyptian steelmakers are raising competition and export-pricing questions despite weak demand, lower protection on imported billet and no uniform increase across other major production costs. Ezz Steel will raise rebar by EGP1,000 to EGP40,850 per tonne from Oct. 1. El Marakby increased its price by EGP1,800 to […] The post Egypt’s Steel Price Reset Raises Competition and Export Questions appeared first on The Middle East Observer .
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CAIRO — Near-simultaneous price increases by three major Egyptian steelmakers are raising competition and export-pricing questions despite weak demand, lower protection on imported billet and no uniform increase across other major production costs. Ezz Steel will raise rebar by EGP1,000 to EGP40,850 per tonne from Oct. 1. El Marakby increased its price by EGP1,800 to […]
The post Egypt’s Steel Price Reset Raises Competition and Export Questions appeared first on The Middle East Observer.
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About this article
- Length
- 75 words · 1 min read
- Published
- September 24, 2026
- Byline
- MEO Research Team
- Source
- The Middle East Observer