Wheat jumps 1.6pc on Egypt, Iraq demandChicago wheat futures rose 1.6 per cent on Monday, as strong demand led by Egypt's purchase over the weekend and tenders from Iraq and Bangladesh buoyed the market amid concerns over sub-zero temperatures hurting the US winter crop. Corn g More… |
Ezz Steel sees Egypt demand up, Europe weakEgypt's top steel producer Ezz Steel said Egyptian demand for reinforcing steel bars would grow to 7.4 million tonnes in 2010 from 7.2 million last year, fuelled by the need for housing. Marketing director George Matta also said a slowdown More… |