Iron and Cement Prices Stable in Egypt Today

Iron and cement prices in Egypt remained stable today, Wednesday, February 21, 2024, according to reports from local news sources.

Iron and Cement Prices Stable in Egypt Today
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According to reports from local news sources 1 2 3, iron and cement prices in Egypt remained stable today, Wednesday, February 21, 2024.

The prices for a ton of Az steel iron were around 55,000 Egyptian pounds, while a ton of reinforced cement was around 2,070 Egyptian pounds. These prices have remained stable for the past few weeks, following a period of record-high prices in January 2024.

While the prices of iron and cement have stabilized, the cost of transportation and broker fees can add an additional 1,000 Egyptian pounds to the final cost. It is important to note that these prices are subject to change based on market conditions and other factors.

Source: Elaosboa, Al Masry Al Youm, Elbyan