Iron and cement prices in the market today, Wednesday

Iron prices have stabilized at rolling mills, with the price of a ton of iron delivered to the factory land recording levels of 14 pounds, and the consumer reaching a price starting from 14,300 thousand pounds, according to dealers in the building materials market.

With regard to the price of a ton of iron in integrated cycle factories, it records regarding 14,900 pounds, and the consumer reaches a price starting from 15,200 pounds, and this price may vary from one governorate to another.

As for cement prices, it recorded a movement of 50 pounds, to be the lowest price of 925 pounds per ton, delivered on the factory land, and the price to the consumer at a price starting from 1100 pounds to 1160 pounds.

The amendments to the controls of heavy industries licenses offered to investors were announced, which witnessed the addition of new products to the items mentioned in Resolution 47 of 2020, regarding the controls and procedures for offering heavy industries licenses to investors, to witness the addition of 4 new productive sectors, including steel slabs, billets, hot-rolled iron sheets and steel blocks. alloys;

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