Today, Friday, December 16, the price of iron recorded a significant increase in the Egyptian market, and this coincided with a slight increase in the price of gray cement in the market, as the price of cement in the Egyptian market rose to the level of 1798.22 pounds during today’s trading, and the price of a ton of investment iron jumped surprisingly, as decided Many companies increase the prices of their products.
A surprising jump in the price of a ton of iron today, Friday, December 16
Today, the Building Materials Division stated that the price of a ton of investment iron rose by approximately 321 pounds, to reach the level of 21226.48 pounds.
The head of the Building Materials Division of the Federation of Chambers of Commerce, Ahmed Al-Zaini, stated that the increase in a ton of iron in Egypt began on the first of last November, when the price per ton rose to approximately 20,000 pounds. About two thousand pounds without any justification, and despite the decline in the price of a ton of iron in the global markets, and the Construction Division added that the prices of a ton of iron came during today’s trading, as follows:
- The price of a ton of iron, Egypt Steel, is today 18,900 pounds.
- The price of a ton of Suez iron today is 19,100 pounds.
- The price of a ton of Egyptian iron today is 19,100 pounds.
And the Building Materials Division added that the price of a ton of reinforced cement on the factory floor rose during today’s dealings to reach the level of 1550 pounds per ton, while the price of a ton of Nasr cement reached 1480 pounds, and the price of Qena cement reached the level of 1340 pounds, and the price of a ton of Suez cement reached the level of 1370 pounds, and the price of a ton of gray cement rose to 1798.22 pounds.