7 thousand pounds… a resounding drop in the price of iron in Egypt

2023-07-17 11:01:08

Four companies manufacturing reinforcing steel in the local market today, Monday, reduced the delivery prices of their products on the grounds of their factories, by between 1 and 7 thousand pounds per ton.

Al-Ashry factory today reduced Price per ton of iron From 38 thousand pounds to 31 thousand pounds, while Misr Steel reduced the price of a ton of iron by 2,500 pounds, from 36,500 thousand pounds to 34 thousand pounds, including value-added tax, according to sources for “The Week.”

The sources said, the price of a ton of Komi iron decreased by about 1,000 pounds, from 34,000 pounds to 33,000 pounds, and the price of a ton of El-Ula iron fell by about 1,500 pounds, from 33.5 thousand pounds to 32,000 pounds.

Ezz steel price

While the Ezz Steel Factory fixed the price of a ton of rebar at 32,135 thousand pounds, and the Suez Steel at 32,050 thousand pounds.

The price of iron with tea settled at 38,000 pounds, and the homeland of Egyptian iron was at 32,050 thousand pounds.

The price of a ton of ferry iron reached 31,000 pounds, and the price of a ton of Al-Garhi iron was about 37,000 pounds, while the price of a ton of Al-Juyoushi steel for steel was 33,500 thousand pounds.

The price of a ton of iron for the consumer today

The price of a ton of iron is traded in front of the consumer in the local market during the current period between 35 and 36 thousand pounds.

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