Cement prices varied today, Sunday, after they recorded a new rise in the markets during the past days, at a value of 100 pounds per ton, and the price per ton for the consumer ranged between 1300 to 1400 pounds, and the price of white cement ranged from 2600 to 2650 pounds.
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cement prices
The price of reinforced cement to record 1550 pounds.
The price of victory cement to record 1480 pounds.
The price of Lafarge cement to record 1500 pounds.
The price of Nile Valley cement to record 1480 pounds.
The price of Helwan cement recorded 1505 pounds.
The price of Swedish cement to record 1560 pounds.
Challenges facing the cement industry
Cement faces a number of challenges, most notably the high cost of production, the high level of competition in the market, the inability to open export markets, and the large gap between the supply of this commodity and the volume of demand for it, which amounts to about 40%,
Iron
The Building Materials Division stated that the price of a ton of iron for consumers in the market is 21 thousand pounds, and there are new increases in iron prices for consumers today, Sunday, 13-3-2022 in the markets.
Iron prices rose by 1,000 pounds to reach the consumer at a price of up to 21,000 pounds, and a ton of investment iron reached 19,000 pounds, and it is possible that iron prices on international stock exchanges will reach higher levels since that, with the decline in supply in the local market.
Iron prices today
The price of Ezz Steel to record about 15,300 pounds.
The price of Iron Beshai to record 15250 pounds.
The price of the porter iron to record about 15,200 pounds.
The price of Al-Marakbi iron to record about 14900 pounds.
The price of Egyptian iron to record 15200 pounds.
Decimal iron price to record 14900 pounds.
Iron production in Egypt
Egypt’s production of rebar reached about 7.9 million tons, and billets about 4.5 million tons, while its imports of “pallet” are estimated at 3.5 million tons, according to data from the Chamber of Metallurgical Industries of the Federation of Industries.
The production capacity of cement companies in Egypt reaches more than 80 million tons annually, while the actual production is estimated at about 55 million tons, before the decision to reduce production that was approved by the Competition Protection Authority.
The request of 23 public companies in the cement sector to reduce cement production capacity was approved in order to reduce the excess supply that the sector has been suffering from over the past three years.