Recently,the Egyptian steelmakers have increase the ex-factory prices for steel products.
It's learned that Ezz steel,the largest steel producer in Egypt announced to increase its ex-factory prices of steel products by EGP130/ton.
Meanwhile,Beshay Steel,the second largest steelmaker in Egypt decided to increase its steel prices by EGP150/ton.
It's learned that two companies'price rise was mainly to reflect higher steel prices in global market.
Source:
http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=62155&division=A2
