EZZ steel, Egyptian-based steel producer released its carbon steel hot rolled coil domestic and export prices for November. Its latest ex-work price of hot rolled coil (HRC) is unchanged since October about US$624/ton included 11% of value-added tax (VAT). At present, the company offers the export prices of HRC to Turkey around US$570/ton FOB and to European countries nearly US$575/ton FOB respectively. It also offers the price of HRC to Saudi Arabia about US$580/ton FOB. The above HRC prices are for December shipment without VAT.
Source:
http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=67054&division=A2
