The electronic portal of the week publishes the prices of iron and cement, during today’s negotiation, Sunday 16-10-2022, for the handover of industrial land.
Local rebar factories announced a drop in prices last July, accompanied by a new drop of 500 pounds per ton on average, due to the subsequent drop in crude ore prices on the international exchange, particularly from the market. Russian, noting that iron prices recorded in June closed with a drop that exceeded 1100 pounds per ton compared to last May’s prices.
Egypt produces about 7.9 million tons of rebar, about 4.5 million tons of billets, while importing 3.5 million tons of billets, according to data from the Chamber of Metallurgical Industries.
A value of between 200 and 500 pounds is added to the prices of iron to reach the consumer, while for cement, between 100 and 200 pounds are added to reach the consumer.
iron prices
The average iron price in the Ezz Company reached 17750 pounds per ton, the Beshai iron price registered 17600 pounds per ton, and the Al-Attal iron price registered 17400 pounds per ton.
While the price of iron in the Egyptians today recorded 17,500 pounds per ton, the Komi iron 15,900 pounds per ton and the Al-Jayoushi iron 17,300 pounds per ton and the decimal recorded 16,000 pounds per ton and Maadi 15,900 pounds.
The price of iron today in Egypt Steel also recorded 15,900 pounds per ton, Al-Dakhiliya Steel recorded 17,750 pounds, Al-Marakby 15,750 pounds and Attia 15,750 pounds.
As for the prices of iron in investment factories, the average price of tons varies between 16,000 and 17,000 pounds, reaching the consumer between 17,500 and 17,700 pounds.
cement prices
While reinforced concrete recorded 1460 pounds per ton, Nasr Cement recorded 1440 pounds per ton, Suez recorded 1420 pounds per ton, and Qena Cement recorded 1430 pounds per ton.
Al-Suwaidi Cement recorded 1,540 pounds per ton, Special Cement recorded 1,450 pounds per ton, Nile Valley Cement recorded 1,400 pounds per ton, and Heloun Cement recorded 1,470 pounds per ton.
Mixed concrete prices ranged between 990 and 1055 pounds, while heavy duty concrete ranged between 1530 and 1560 pounds and white concrete between 2,500 and 2,600 pounds.
