PRICING NOTICE: New weekly Egypt import billet assessment

Steel First has launched a weekly Egypt import billet price assessment, starting on Thursday July 9.

Paragraph entered by Atlantic migration, in order for SteelFirst articles to display correctly on Metal Bulletin.

The price specifications are as follows:

Assessment: Egypt import billet, US$ per tonne cfr main port
Dimensions: 120-130mm cross-section; 12,000mm length
Quantity: 10,000-20,000 tonnes; minimum 5,000 tonnes
Location: cfr Egyptian main port
Timing: 4 weeks
Unit: US$ per tonne
Payment terms: cash against documents (CAD), letter of credit (LC)
Notes: 5sp/ps
Publication: weekly; Thursday, 1:30pm London time

Historic data since the start of 2015 is available in the Steel First prices database.

For queries or contributions to the assessment, please contact Alona Yunda at

What to read next
Following a six-week consultation period, Fastmarkets can confirm it will amend the calculation method for all the average functions on the Fastmarkets platform from Wednesday March 1, 2023.
Consolidation, the recycling of electric vehicle batteries, US steel exports and the benefits of sustainable steelmaking were key talking points at Fastmarkets’ Scrap & Steel 2023 conference in Dallas in January
Green shoots of increased demand will emerge in US ferrous markets courtesy of the Biden administration’s trillion-dollar infrastructure package in 2023, Schnitzer’s executive vice president and chief strategy officer Richard Peach said at Fastmarkets’ Steel and Scrap Conference 2023 in Dallas, Texas
US special bar quality steel prices rose in January in line with rising scrap and alloy costs, according to market participants
European metal industry association Eurometaux has called on the European Commission to follow the lead shown by the Inflation Reduction Act and deliver a “powerful” policy to support the industry in the EU while it tries to keep up with the move to a new generation of energy markets
The fallout from Russia’s invasion of Ukraine is changing global trade flows for bauxite, with Brazilian material once again flowing into China and with the introduction of export restrictions elsewhere likely to influence availability through 2023
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.