Iron and cement prices jumped today, Tuesday, April 4, 2023 in Egypt, significantly over the past weeks, due to the rise in the price of the US dollar and the flotation of the Egyptian pound, which in turn led to instability in the price of investment iron and the prices of cement and other building materials, because iron and cement prices are affected The level of the global economy significantly, especially reinforcing steel and gold, and where many of our esteemed readers are interested in knowing how much iron is today for the consumer, especially those working in the field of construction and real estate.
It is noteworthy that the prices of iron and cement, like other economic markets, are subject to the policy of supply and demand, which effectively and directly affects prices. The iron and steel industry is also one of the most important economic sectors within the Egyptian state, as the iron industry is not only limited to employing Egyptian workers, but is the backbone of the industry. Building and construction within the Egyptian market, and many industries and businesses attached to this sector depend on it, either indirectly or directly.
The price of a ton of Egyptian steel reached 37,500 pounds per ton, delivered to the factory land, and iron prices witnessed a similar increase in the rest of the companies.
The owners of real estate development companies and investors in the field of real estate and construction are interested in the price of iron and cement, as it is one of the most important factors that directly and significantly affect their profits. Increasing the price of a ton of iron by 5 pounds may have a significant impact, especially on small companies, as well as on individuals or small contractors. Therefore, Egypt provides you with 365 daily follow-up of the price of iron and cement in Egypt.
Iron prices today in Egypt
Please note that the prices mentioned above are for quantities not less than 30 tons and with cash or short-term payment terms, and depending on the source, they include transportation costs without tipping and aging expenses.
Cement prices today in Egypt
Ordinary Portland cement prices
Also read:
Prices of white cement in the Egyptian market:
Please note that the prices mentioned above are for quantities not less than 30 tons and with cash or short-term payment terms, and depending on the source, they include transportation costs without tipping and aging expenses.