Iron and cement prices in the market today, Saturday | ...

Iron and cement prices in the market today, Saturday | ...
Iron and cement prices in the market today, Saturday | ...
The Building Materials Division of the Chambers of Commerce announced, in a statement today, Saturday, December 25, 2021, the prices of iron and steel in Egypt, recording levels of 15,000 pounds in some factories and reaching a maximum of 15,500 pounds.

The price of iron for the consumer reaches levels that may reach 16 thousand pounds, despite the announcement of the abolition of import duties for billet and rebar, which was accompanied by high expectations of a decline in prices.

The price of a ton of cement for the consumer reached a price ranging from 1000 to 1150 pounds, and it reaches some governorates at a price of 1100 pounds per ton, after a decline early this month by about 40 pounds for delivery on the factory land during the transactions of December 2021.

Read alsoThe Central Bank issues treasury bills worth 18 billion pounds

Egypt’s iron and steel exports jumped by 193% to record 1.311 billion dollars during the period from January to September 2021, compared to 447 million dollars in the same period last year, according to the export and import control report sent to the Building Materials Export Council.

These were the details of the news Iron and cement prices in the market today, Saturday | ... for this day. We hope that we have succeeded by giving you the full details and information. To follow all our news, you can subscribe to the alerts system or to one of our different systems to provide you with all that is new.

It is also worth noting that the original news has been published and is available at saudi24news and the editorial team at AlKhaleej Today has confirmed it and it has been modified, and it may have been completely transferred or quoted from it and you can read and follow this news from its main source.

PREV Markets tumble again as Fed hikes rates, warns more to come
NEXT Emirates carried over 10m passengers this summer

Author Information

I am Joshua Kelly and I focus on breaking news stories and ensuring we (“Al-KhaleejToday.NET”) offer timely reporting on some of the most recent stories released through market wires about “Services” sector. I have formerly spent over 3 years as a trader in U.S. Stock Market and is now semi-stepped down. I work on a full time basis for Al-KhaleejToday.NET specializing in quicker moving active shares with a short term view on investment opportunities and trends. Address: 838 Emily Drive Hampton, SC 29924, USA Phone: (+1) 803-887-5567 Email: [email protected]