Thursday, November 7, 2024
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    Rebar production and sales climb in Jan-Sep 2024 amid infrastructure growth

    Egypt’s rebar production grew by 11.3pct YoY to 6.403 mln tons in the first nine months of 2024, according to a local news report.

    Rebar sales in the local market also rose by 3pct YoY during January-September, reaching 4.756 mln tons.

    A government official attributed the increase in production and sales to improved USD liquidity and the expansion of infrastructure and real estate projects.

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