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Egypt buys 60,000 tonnes of Turkish steel in 2 months

Amwalalghad cited Mr Ahmed El-Zeiny head of the Building Materials Division at the Cairo Chamber of Commerce as saying that Egypt has imported 60,000 tonnes of Turkish steel during the two months of November and December.

Mr El Zeiny said that Egyptian traders have agreed to import around 60.000 tonnes of Turkish steel during November and December at total cost of EGP 291 million.

In Egypt, the prices of Turkish steel have recently reached around EGP 4850 per tonne; while at factories, the average prices of steel range between EGP 4800 per tonne to EGP 4850 per tonnes.

Source – Amwalalghad

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