The markets for steel billet and rebar have been slow in Egypt during the week ending Thursday January 6 because buyers have wanted to wait for activity to resume in the global markets after the New Year holidays, sources have told Fastmarkets.
Market activity was expected to improve in the second week of January, they said. And when asked if prices were expected to change, most said that they were likely to remain stable through the month.
Most rebar producers have kept their prices...