Iron Prices in Egypt Today: Stable Prices Before Market Transactions on May 7, 2024

As a result of the survey of citizens who want to build, as well as contracting companies, iron prices today, Tuesday, May 7, 2024, saw a remarkable stability before the beginning of market transactions, after an increase. Price of a ton of iron Yesterday, the price of a tonne of cast iron increased by 417 pounds, according to the local price portal of the Council of Ministers.

The iron and cement markets have been changing a lot in recent days, as iron has a good strategic position in many industries, especially in the construction industry, which has considered a vital indicator of economic activity.

The price of a ton of Ezz Steel today recorded 41,611 pounds per ton.

Iron prices in Egypt today, Tuesday, May 7, 2024

• Deposit ironToday’s record was 40,066 pounds per ton.
• An iron porterIt reached 39,000 pounds per ton.
• Iron MaadiIt reached 38,000 pounds per ton.
• Iron ​​​​Ferryman: It reached 41,000 pounds per ton.
• Attia ironIt reached 38,500 pounds per ton.
• Bianco ironRecord: 37,500 pounds per ton.
• Iron with teaIt reached 41,000 pounds per ton.
• Komi iron: It reached 37,500 pounds per ton.
• Egyptian ironIt reached 41,000 pounds per ton.

This stability comes after a period of significant fluctuations in iron prices, and raises many questions about the future of this vital sector in the Egyptian economy.

Stability in iron ore prices remains critical to the continued growth of the Egyptian economy and the achievement of comprehensive urban development, and with the government’s commitment to providing the right environment for trade and investment, greater stability and growth in the real estate market.