Iron and cement prices stabilized in the local market today, Monday

0
1


The prices of cement, iron, sand, bricks, aggregate and gypsum witnessed stability in the domestic markets on Monday 10/19-2020, according to the Building Materials Division of the General Federation of Chambers of Commerce.

Ahmed Al-Zaini, head of the Building Materials Division at the General Federation of Chambers of Commerce, confirmed that the prices of all raw materials used in construction are stable due to the increase in supply in the market, indicating that the price of a ton of iron recorded 9100-9,500 pounds for handover of factory land, and that the price to the consumer is between 9400 -10000 pounds.

Al-Zaini added in exclusive statements to Al-Youm Al-Sabea that a ton of cement recorded 650-680 pounds at the factory delivery, while the consumer price reached 700-750 pounds per ton, and that the price of gypsum was 550-650 pounds per ton, and the price of sand ranged between 60-100 pounds, and bricks. Between 750-950 pounds per thousand bricks.

It is worth noting that Egypt’s exports of cement witnessed a decline during the first three months of 2020, by about 18%, to reach $ 31 million, compared to $ 38 million during the same period in 2019, according to the report of the Export and Import Control Authority, and the report said that Egypt exported cement During the first quarter of 2020 to 46 countries, of which 19 countries were not exported to them during the same period of 2019. They are: Malta, Dominican Republic, Europe, Canada, Ghana, Peru, Benin, Gambia, Sierra Leone, Burkina Faso, Rwanda, Thailand, Philippines , Ivory Coast, Mali, Netherlands, Morocco, Jamaica, and Austria.

LEAVE A REPLY

Please enter your comment!
Please enter your name here