New Decrease in Iron and Cement Prices on Saturday, March 2, in Factories and Markets

Before the start of the morning market transactions on Saturday, March 2, 2024, the iron and cement markets in Egypt experienced a notable decrease in prices. Ezz Steel's price per ton decreased by 261 EGP, marking a significant change from yesterday's market levels. Cement prices also experienced a modest decline, as reported by the local and global price portal under the Council of Ministers.

The "Real Estate Newspaper" website, keen on providing the latest news, outlines today's iron and cement prices in Egypt for Saturday, March 2. Here's a detailed look at the prices in the market:

• The investment iron ton price recorded 51,500 EGP, increasing by 131.75 EGP.
• Ezz Steel's ton price fell to 53,558 EGP, down by 261 EGP.
• Sarhan's iron price reached 52,000 EGP per ton.
• El Maadi's iron ton price stood at 52,000 EGP.
• Egyptians' iron reached 53,000 EGP per ton.
• Al Ashry's iron was priced at 50,000 EGP per ton.

Cement prices also saw adjustments:

• The grey cement ton price was 2,319 EGP, decreasing by 50 EGP.
• Mixed cement prices ranged from 1,250 to 1,400 EGP.
• The Arab Company's reinforced cement was priced around 1,980 EGP per ton.
• The Arab Company Al Nasr's cement price was approximately 1,930 EGP per ton.
• Suez Cement was priced at about 2,010 EGP per ton.
• The Swedish cement ton price reached 1,100 EGP.
• Tora and Helwan's cement price was about 1,980 EGP per ton.
• Suez Cement resistant to salinity was priced at 2,020 EGP per ton.
• The Swedish cement resistant to salinity reached 2,140 EGP per ton.
• The average price for white cement was around 3,900 EGP per ton.

Source: Aleqaria