Steel And Cement Prices Drop In Egypt Amid Market Changes
On Friday, April 18, 2025, local factories and markets in Egypt experienced a significant decline in prices for both steel and cement, reflecting the latest updates from the government. The price of standard rebar, a critical material in construction, saw a notable drop, with the price of 'Ezz' rebar decreasing by 458 Egyptian pounds. Meanwhile, the investment rebar fell by 431 Egyptian pounds, indicating a broader trend in the construction materials market.
As of today, the price for a ton of 'Ezz' rebar stands at 40,017.69 Egyptian pounds. Other rebar prices include rebar steel at 36,500 Egyptian pounds, rebar 'Beshay' at 36,244 Egyptian pounds, and rebar 'Al-Suweis' priced at 36,000 Egyptian pounds. The investment rebar is currently listed at 38,837.24 Egyptian pounds. The cement market has remained stable, with the price for a ton recorded at 3,339.2 Egyptian pounds.