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The global prices of steel witnessed stability last week, according to the weekly report of the Metallurgical Chamber, at the Federation of Egyptian Industries (FEI).
The report showed that the price of pallet crude recorded $580 in September 18th, whereas they are the same prices of last week; while the price of ton of steel stabilized at $ 615, like last week.
On the other hand, the price of the scrap went down to $370, compared to $380 last week, down $10 per ton.Meanwhile, the price of hot steel coil stabilized at $555. 
