Steel price per ton today in Egypt

Reinforcing steel is one of the most important materials used in the construction and reconstruction of buildings and large concrete structures, and it is considered an important part in the construction of some other projects such as tunnels, bridges, and even projects. Construction infrastructure; So it can be said that rebar is the foundation of any large and cohesive building. In this article, we will learn about Steel price per ton. And price tons of iron investment today, And price Iron Today in Egypt Ezz Steel for the consumer by Al-Qadi Steel Company, the leading company in trading and distributing rebar in Egypt. 

Today's rebar prices for the consumer 

Iron, like any other commodity present in the market, its price is controlled by many factors, and the most important factors controlling Steel price per ton are the following:

1. Supply and demand policy: It is natural that the price of reinforced steel is affected by the nature of its demand in the markets, just like any other product. The higher the level of demand for iron, the higher its price. Consequently, the price of a ton of reinforced steel will increase and vice versa.
2. The price of the US dollar: It is one of the most important factors that change and control the price of a ton of iron In dollars The higher the price of the dollar, the higher the price of iron. Because the US dollar controls the price of the mineral materials used and the price of building materials that are imported from outside Egypt.
3. The global price of raw materials used in manufacturing: Steel price per ton to the consumer depends on the price of “The pellet“Globally, as there is a special equation between the selling prices of metal elements around the world, so when the price of a ton of iron rises globally, the selling price of a ton of iron in Egypt rises with it.
4. Production costs: What is meant by the costs of the manufacturing process, these costs include: labor costs, the cost of energy resources used, transportation costs and other recommended fees.

Crital iron prices today 

Crital iron is a type of wrought iron that comes in the form of iron wickerwork that is cut into different shapes and sizes. In order to obtain a specific aesthetic shape. This type of iron is used in work Walls Balconies. It is also used in making gates, garden fences, and mesh used in making windows. There are many types, the price of which varies depending on the type. This table shows the most popular types of creatine iron and their prices:

Steel price per ton

As we mentioned previously, Steel price per ton today varies depending on some of the factors we mentioned, but it can be said that the price of a ton of rebar today to the consumer is as follows: 

The price of a kilo of iron today 

The decline in the price of iron today is one of the most important headlines, as Steel price per ton witnessed a clear decline, especially Investment and Ezz Steel, according to the price portal of the Council of Ministers. The price of a ton of investment iron recorded a value equal to 36866.36 fairy Egyptian, meaning Shahd decrease With a value of 947.8 fairy per ton, while the price of a ton of Ezz Steel recorded a value equal to 38,847.06 pounds, decreasing to a value equal to approximately 799.36 pounds per ton.

Investment iron price today 

The price of a ton of investment iron, according to the local and international price portal of the Council of Ministers, reached a value of 38,980 pounds per ton.

When does it go down? Prices Iron in Egypt 

In the past few days, the price of a ton of rebar witnessed a noticeable decline to its lowest level since the beginning of this year by about 58.6%, which is equivalent to 21.8 thousand pounds per ton, after iron prices had recorded their highest historical level at the end of last January after 4 factories implemented successive increases throughout the same month.

Al-Rifai, head of the Royal Steel Reinforcing Steel Company, explained that agents and commercial companies are waiting for a new decline in iron prices during the coming period, especially after the government announced the imminent entry of a new batch of Ras Al-Hekma investments. This deal, which was announced by the Egyptian government last February, is valued at about $35 billion. Egypt has obtained only $10 billion so far and is awaiting a new batch of transfer estimated at about $14 billion.

Al-Rifai added that, from here, many expect that the new batch of Ras Al-Hekma investments will affect the exchange rate of the dollar, which will lead to a re-reduction in rebar prices.

Ezz Steel Distributor 

El kady Steel is one of the reliable distributors of Ezz Steel. El kady Steel Company is a leading company in trading and distribution steel rebar In Egypt, our company was founded in 1995 by Fares Al-Qadi. What distinguishes us We are Distributed trustees To get bigger Egyptian steel factories such as: Suez Steel, Ezz Steel, Al-Masryeen, Al-Garhi, Al-Gayyoushi, Al-Marakby, Al-Ashry, Elco Steel, Misr Steel, and Al-Madina Steel. Our company owns a heavy transportation fleet that guarantees the customer direct delivery, and provides him with flexible payment options that meet the needs of suppliers, contracting companies, merchants and distributors.

In conclusion, Steel price per ton is one of the important topics that preoccupies the minds of many contractors, traders, and distributors, which we were keen to clarify in detail. To request our service and to obtain excellent service, we are waiting for you at El kady Steel Akbar Rebar detailing companies In Egypt To communicate With us on Number Next (+201064085688) You can also contact us via email or visit us at our branch in Business Plus Mall - Northern 90th - in front of Maxim Mall.