Average monthly prices for rebar iron in Egypt 2019-2020
The average monthly price for all diameters of rebar (reinforcing bar) iron in Egypt amounted to 10.05 thousand Egyptian pounds per metric ton (which is comparable to 638.66 U.S. dollars per metric ton) in August 2020, which illustrated a drop by roughly 3.5 percent. Between January 2019 and August 2020, the mean price fluctuated between 10.05 thousand Egyptian pounds per metric ton in August 2020, and 12.35 thousand Egyptian pounds per metric ton (784.63 U.S. dollars per ton) from July to September 2019. Within the period under investigation, an overall negative trend can be recognized in the data.