The pricing of Ezz Steel’s reinforcing steel output for the month of October 2022 will be fixed at the same levels as last September, or 17,670 pounds per tonne, the company stated today, Tuesday, October 1, 2022.
The price of a tonne of rebar for coils and lengths will be fixed throughout the month of October at LE 17670 per tonne, including 14% value added tax, the business stated in a communication to traders.
As a result, the business has kept its rates fixed ever since last July, even though prices have dropped by more than 2,000 pounds in the preceding months.
Although the pricing of the remaining rebar mills have not yet been disclosed, since Ezz Steel dominates the market, it is anticipated that their prices will also tend to settle.
In terms of the remaining iron factory delivery prices, a tonne of “decimal iron” cost 17,500 pounds, a tonne of “iron with tea” cost 17,900 pounds, a tonne of “Egyptian iron” cost 17,570 pounds, a tonne of “Egyptian iron” cost 17,570 pounds, and a tonne of “iron with tea” cost 17,570 pounds. Suez Steel’s price for a tonne of iron also decreased. The cost of a tonne of “porter iron” was 17,550 pounds; the weight of a tonne was 17,550 pounds.
“Ezz” urgently sets the cost of a tonne of rebar at 17670 pounds.
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