A decline in cement prices.. Iron and cement prices today, Tuesday, November 23, 2021 in Egypt

The latest prices of iron and cement today, Tuesday, November 23, 2021, in the Egyptian markets, after the price of iron and cement reached unprecedented levels, due to the high prices of raw materials globally.

The prices of building materials witnessed a significant increase during the last few period, and the price of Ezz Steel ex-factory reached 15,600 pounds, and the average price of ex-factory iron currently ranges between 15,100 and 15,600 pounds, and the average price of a ton of iron for the consumer ranges between 15,600 and 15,900 pounds.

In the following lines, we publish the prices of iron, cement and building materials in the Arab Republic of Egypt through continuously updated tables throughout the day to monitor any changes in the prices of building materials with a permanent update of iron and cement prices in the Egyptian building materials market, the latest iron and cement prices today in Egypt, after That the building materials markets witnessed remarkable stability, and iron and cement prices, like other commercial markets, are subject to the policy of supply and demand, which directly and effectively affects prices.

Egypt produces about 7.9 million tons of rebar, and about 4.5 million tons of billet, while it imports 3.5 million tons of billets, according to data from the Chamber of Metallurgical Industries.

Iron prices today in Egypt

Please note that the above-mentioned prices are for quantities not less than 30 tons and with cash or short-term payment terms, and depending on the source, they include transportation costs without tip and aging fees.

Read also:

Cement prices today in Egypt

Ordinary Portland cement prices

White cement prices in the Egyptian market:

Please note that the above-mentioned prices are for quantities not less than 30 tons and with cash or short-term payment terms, and depending on the source, they include transportation costs without tip and aging fees.

Seawater Resistant Cement Prices:

Mixed cement prices in the Egyptian market:

Factors affecting iron prices in Egypt

There are many factors that affect the price of iron in the Egyptian building materials market, including the price of the US dollar against the Egyptian pound, because most of the components that enter Egypt to make rebar are imported from abroad.

  • scrap.
  • Sponge iron.
  • veins;
  • Charcoal, and many other ingredients.

In addition to the aforementioned components, the iron industry in Egypt includes many local inputs, including energy costs “electricity”, in addition to workers’ wages, and transportation costs to and from factories, in addition to the impact of supply and demand policy on the price of iron in the Egyptian market, like other economic sectors that It is influenced by the politics of supply and demand.

It is noteworthy that iron and cement prices, like other economic markets, are subject to the policy of supply and demand, which effectively and directly affect prices. The iron and steel industry is also one of the most important economic sectors within the Egyptian state, as the iron industry is not only limited to the employment of Egyptian workers, but is the backbone of the industry Building and construction within the Egyptian market, and many industries and businesses attached to this sector depend on it, either indirectly or directly.

The cement industry faces many challenges, foremost of which is the increase in the cost of production and the difficulty of exporting surplus capacity, as the Egyptian building materials market suffers from increased production, and export requires that the cost of production be lower than other countries that offer this product, in addition to the high cost of cement production within Egyptian market.

Within the Egyptian market, there are about 19 cement manufacturing companies, including 8 companies listed on the Egyptian Stock Exchange. It is expected that the current year will witness a decline in the profits of cement companies with the realization of losses of other companies in light of the persistence of the gap between supply and demand.

The iron and steel industry is one of the most important economic sectors in Egypt, as the iron industry is not only limited to employing Egyptian workers, but is the backbone of the construction industry in Egypt, and many industries and businesses attached to the economic sector depend on it, both direct and indirect.

Iron and cement prices witnessed large searches, as well as large and remarkable searches on the social networking sites Twitter and Facebook, and in this article we publish iron and cement prices today, after the price of iron and cement has risen more than once during the last period, and the market for these building materials Al-Ayyam expected the stability of iron and cement prices, and the cement division in the Chamber of the Federation of Egyptian Industries indicated that Egypt’s production of cement amounts to 80 million tons, while the actual production of cement is estimated at nearly 55 million tons. At the same time, it is expected that the prices of raw materials will decrease Construction again, iron and cement prices today in Egypt, where owners of real estate development companies and investors in the field of real estate and construction are interested in the price of iron and cement, as it is one of the most important factors that directly and significantly affect their profits in increasing the price of a ton of iron 5 pounds, which may have a significant impact, especially For small companies as well as individuals or small contractors, therefore, Egypt 365 offers you a daily follow-up of the price of iron and cement in Egypt.

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.