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Iron prices steady on August 28
The article provides an update on rebar prices in Egypt as of Friday, August 28, 2026. The prices for most types in the local market and factories have remained stable compared to July, following previous declines. The price of Ezz Steel rebar is 39,850 Egyptian pounds per ton for long bars and 36,000 for coils. Prices from other companies range between 33,800 and 39,200 Egyptian pounds per ton, including the 14% Value Added Tax. The figures indicate a relatively stable market throughout the month, with slight variations among different companies and specifications, without mentioning any reasons or future outlooks.
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