Iron prices today in Egypt Wednesday, March 27, 2019 in all plants constantly updated

We offer you dear guests Iron prices today On Wednesday, March 27, 2019, all plants are constantly updated because iron prices have been stable for a long time and have increased Iron price And the beginning of the year 2018 due to such factors as the liberalization of the Egyptian pound exchange rate at the end of 2016, as well as the lifting of the Egyptian government subsidies on electricity prices and fuel, which have affected the cost of production, and these prices are updated in the tables You go all day.

Iron price on Wednesday, March 27, 2019

Witnesses Iron prices today The stable situation where prices have not changed for a long time has been on average The price of iron today On the Egyptian market, 11,400 pounds per ton, as well as the prices shown in the delivery prices of the land of the factory, without taking into account the costs of shipping and transport nor the ratio of l 39; ;agent.

Factors Influencing Iron Prices in Egypt

Iron price in Egypt Directly related to world commodity prices and the most important factors affecting Iron price World prices of pallets because they are the most powerful driver of domestic iron prices and are difficult to predict, and on which the rise The price of iron in Egypt Or in decline. As well Dollar exchange rate Affects greatly the Iron priceWhere the rise is rising Iron price And vice versa, also subordination The iron According to the law of supply and demand, the increase in market demand due to large projects Iron price.

Expectations for the price of iron in Egypt during the coming period

Ahmed Al-Zaini, head of the building materials division of the Chamber of Commerce, said that Iron price in Egypt Will be reduced over the coming period with significant value, due to the decline in value of the pallet worldwide to about 50% of the price, which is the main component of the process of production and manufacture of iron , and imported iron, which will be on the market in the coming period, will intensively create a balance between supply and market needs, Therefore, continued decline is expected For the price of iron in Egypt In the coming months.

Update: The price of iron today in Egyptian factories and enterprises

• S & # 39; register Price tons of iron today Wednesday, 27-3-2019 at the factory of Ezz 11600 pounds, while the price in the Komi factory rose to 11430 pounds per ton, it is mentioned that all prices indicated in the factory delivery hourly prices do not include the proportion of the agent or the shipping costs, and there are many reasons led down Iron price in Egypt The recent period, including the drop in pallet prices globally, the decline in dollar prices and the submission of iron to the law of supply and demand.

We welcome your comments with your expectations For the prices of iron in Egypt In the next days.