Business Iron and cement prices today, Thursday, January 23, 2020...

Iron and cement prices today, Thursday, January 23, 2020 in the Egyptian market

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Iron and cement prices today, Thursday, January 23, 2020 in Egypt, we publish the latest prices of iron and cement today in Egypt, after the prices of iron and cement witnessed a noticeable decline, as iron prices fell at the price of the factory land delivery to less than 10 thousand pounds, for the first time in Egypt since The decision to liberalize the exchange rate “floating the pound” was implemented during the month of November 2016, and iron and cement markets, like other commercial markets, are subject to the policy of supply and demand, which directly and effectively affects prices. The iron and steel industry is also one of the most important economic sectors in Egypt as the iron industry does not It is limited only to the employment of Egyptian workers, but rather Sub for the building and construction industry in Egypt, and many industries and businesses attached to the economic sector depend on it, whether direct or indirect.

It is worth noting that iron and cement prices, like other economic markets, are subject to the policy of supply and demand, which effectively and directly affects prices, as the iron and steel industry is 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 a nerve The construction industry within the Egyptian market, and many industries and businesses attached to this sector depend on it, either indirectly or directly.

Iron prices today

The latest iron and cement prices today in Egypt, where all the Egyptian economic markets prevail in a state of stability, especially the Egyptian building materials market. We follow with you, the latest iron and cement prices in bulk, entered the building materials market in the Arab Republic of Egypt, the prices of iron and cement in Egypt.

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


Cement prices today

The prices of iron, cement and building materials in the Arab Republic of Egypt through continuously updated schedules throughout the day to monitor any changes in the prices of building materials with a permanent update of the prices of iron and cement in the Egyptian building materials market, and owners of real estate development companies and investors in real estate and construction are concerned with 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 5-ton iron, which may have a significant impact, especially on small companies, as well as on individuals or small contractors, so Egypt offers you 365 daily follow-up to the price of iron and cement in Egypt.

The cement sector within the Egyptian market faces many challenges that lead to a decrease in the price of cement during the current time, which caused an abundance of cement production within the Egyptian market, which led to an increase in the supply of demand, which led to a decrease in cement prices in Egypt amid speculation that the cement companies will suffer heavy losses during The current year.

Prices for ordinary Portland cement

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

White cement prices in the Egyptian market:

Prices of mixed cement in the Egyptian market:

Seawater Resistant Cement Prices:

Cement prices drop

Black cement prices decreased between 10 to 60 pounds per ton, and the decline became the master of the situation during the current time, then the rise came again a second time, as the price of tons ranged between 10 to 60 pounds per ton, and the prices of resistant cement also increased, ranging from Between 10 and 50 pounds per ton.

The price of a ton of white cement decreased by 100 to 200 pounds per ton, in addition to the difference in cement prices in different regions, as the Egyptian market witnessed stability in gypsum prices during the previous period according to supply and demand operations, in addition to the value of transportation costs.

Factors affecting iron prices in Egypt

There are many factors that affect the iron prices of the Egyptian building materials market, including the price of the dollar against the Egyptian pound, as most of the components that enter the armature industry in Egypt are imported from abroad. Among the most important of these components that go into the iron industry are the following:

  • Scrap.
  • Sponge iron.
  • Veins.
  • Charcoal, and many other ingredients.

In addition to the aforementioned components, the Egyptian iron industry has many domestic inputs on its list of energy costs, “electricity”, in addition to workers ’wages, 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 all other economic sectors that It affects the policy of supply and demand.

Challenges facing the cement sector in Egypt

The cement sector in Egypt faces many major challenges that, according to many economists, have changed the production map during the current year, and on the list of those challenges facing the Egyptian cement sector is the high cost of production and the widening gap between supply and demand, despite the urban development witnessed by the Egyptian state. Accelerated growth in the infrastructure, construction and building sectors is no longer able to absorb the surplus boom in cement production, as manufacturers stressed that the current production of cement may reach 83 million tons, while consumption rates during the previous year 2018 amounted to about 53 million tons with a technical gap Turned about 30 million tons.

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

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

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