Subscribe to receive economic news
The building materials markets in Egypt witnessed a slight increase in the price of iron and cement of all kinds at the beginning of trading today, Thursday 1-4-2021, as the price of reinforced cement rose by 20 pounds in the price per ton, especially Amiriya Cement and Alexandria Cement, amid expectations of a decrease in iron prices during This month, April, after the price suddenly rose by 200 pounds in the price of a ton of iron, and 50 pounds in the price of a ton of cement, amid a wave of stagnation and lack of interest reaching more than 90% of the purchase.
Some steel companies announced price stabilization during the current month of April, and the steel building materials market is witnessing a remarkable fluctuation in the volume of demand in the market, as a result of the decline in the construction and construction movement, especially in community projects, which represent a large proportion of the volume of market demand, in addition to increasing production rates in the market with the entry of new production lines. For some iron and cement factories operating in the Egyptian market.
Mahmoud Mukhaimer, head of the agents and contractors division of building materials at the Chamber of Commerce in Alexandria, said that the price of cement rose by 20 pounds per ton, while the price of a ton of iron has stabilized until now, amid a wave of stagnation and cautious anticipation that dominates the construction market in Egypt, especially since the lack of demand for iron purchase Cement exceeded 90%.
“Mukhaimer” expected, in statements to “Al-Masry Al-Youm”, that the price of iron in the local market will decline during the coming days, especially in light of the lack of demand in terms of buying due to the economic conditions that citizens suffer from, as well as new construction controls and conditions.
He added that billet and scrap are the main entrances for the manufacture of reinforcing iron used in building and construction operations, and the reinforcement steel industry is considered one of the strategic industries in the Egyptian market, and the production capacity used for factories reaches between 20 and 30%. As a result of recession and an increase in inventory.
Al-Masry Al-Youm publishes a list of iron prices within the local market at the beginning of today’s trading Wednesday as follows:
The price of a ton of Ezz El-Dekheila steel for the delivery of factory land is 13700 pounds
The price of Taha Hadid Beshay for steel is 13,500 pounds
The price of a ton of investment iron (Beshay) is 13450 pounds
The price of Taha Al-Hadeed Attia is 13,400 pounds
The price of a ton of iron Sarhan is 13300
The price of a ton of iron boat is 13300
The price of a ton of iron from the Egyptians is 13,500
The price of a ton of Egyptian iron is 13300
The price of a ton of Maadi iron is 13300
The price of a ton of iron decimal is 13300
The price of a ton of iron, Egypt Steel is 13300
Adding to the announced price per ton is 120 to 150 pounds, before delivering it to the customer, and these mentioned prices are for quantities that are not less than 30 tons and with terms of cash or short-term payment.
The prices of cement products in the local market are as follows:
The price of a ton of reinforced cement is 790 pounds
The price of a ton of Nasr cement is 750 pounds
The price of a ton of engineer cement is 740 pounds
The price of a ton of Minya Asec cement is 740 pounds
The price of a ton of rock cement is 725 pounds
The price of a ton of Nile Valley cement is 735 pounds
The price of a ton of Lafarge for special cement is 760 pounds
The price of a ton of El-Arish military cement is 735 pounds
The price of a ton of Sinai cement is 735 pounds
The price of a ton of Suez cement is 770 pounds
The price of a ton of Helwan cement is 775 pounds
The price of a ton of Egyptian cement, Beni Suef, is 755 pounds
The price of a ton of Swedish cement is 795 pounds
The price of a ton of South Valley cement is 740 pounds
The price of a ton of cement obelisk is 725 pounds
The price of a ton of Amiriya cement is 940 pounds in Alexandria
The price of a ton of Alexandria Brutland cement is 875 pounds
The price of a ton of Minia cement company is 780 in Cairo
The price of a ton of El-Masry Company cement is 778 pounds
We publish the price of white cement in the Egyptian market as follows:
The price of a ton of Sinai for white cement is 2,500 pounds
The price of a ton of Sinai for white cement is 2450 pounds
The price of a ton of Royal Minya white cement is 2380 pounds
The price of a ton of Helwan Minya cement is 2420 pounds
According to the data of the Chamber of Metallurgical Industries of the Federation of Egyptian Industries, Egypt’s production of iron ranges from about 7.9 million tons, and from billet, the raw material for iron manufacturing is about 4.5 million tons, while the import rate of billet reaches about 3.5 million tons.
Registration steps to book the Corona vaccine after its launch today (details and link)
Winds and rain in these areas … Weather and temperatures today, Thursday, April 1
The situation in Egypt
The situation around the world