Saturday 15 July 2023 | 09:57 am
Ezz iron price.. Iron prices witnessed, at the beginning of trading today, Saturday, a significant decline in the local market, as the price of a ton of Ezz iron fell by about two thousand pounds in recent days, after global iron ore prices fell, for the first time, at a level it has not reached since December. the past.
Ezz steel price
Ezz Steel announced the indicative price, and the price per ton was about 33,301 pounds for the consumer. Thus, the difference between the price of Ezz Steel on the company’s official website and the highest price for Ezz Steel (45,000 pounds) on the government’s official price portal is about 11,700 pounds.
Iron prices today in the market
The price of a ton of iron, Bishai, reached 38,200 pounds.
The price of a ton of Ezz and Dekheila iron reached 38,800 pounds.
A ton of Sarhan iron recorded 36,500 pounds.
The price of a ton of Maadi iron reached 36,800 pounds.
The price of a ton of iron, Egypt Steel, amounted to 37 thousand pounds.
The high price of iron in Egypt
The price of iron in Egypt increased by 20 thousand pounds, after it recorded nearly 42 thousand pounds on Tuesday, May 2, 2023. The price of iron in Egypt during the past two months was 18 thousand pounds after the insane wave of rise that hit the iron market in Egypt.
Ahmed Al-Zaini, Head of the Building Materials Division at the Federation of Chambers of Commerce, revealed the reason for the high price of rebar.
Al-Zaini said during a telephone interview on the “Al-Masry Effendi” program broadcast on “Al-Mehwar” channel: “The reason behind the increase in rebar prices is due to the fact that some factories do not export abroad and operate at less than their licensed capacity.
The price of iron in the market
Al-Zaini explained: “Another factor that contributes to the rise in armament prices is the weakness of market supervision in general, which allows trade owners to raise them arbitrarily, pointing out that the role of the regulatory agencies is to follow up on the quantity that agents receive from factories, and to ascertain the price of iron on the market.” .
The price of rebar in dollars
Al-Zaini concluded his talk about the price of reinforcing steel in Egypt, describing it as “the highest in the world,” stressing that the price of iron abroad does not exceed $700 per ton, equivalent to 21,462 pounds, while in Egypt it reaches 27,000 pounds, and there is a 10,000 pounds increase in prices. Iron about world prices, which constitutes a huge burden on the consumer and the investor.
Ezz iron price today Ezz iron
2023-07-15 06:59:16
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