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Steel prices in the Egyptian market experienced stability today, Friday, July 24, 2026, with some types remaining unchanged amid global price stability. The price of a ton of investment steel is approximately 38,428 Egyptian pounds, while Ezz Steel steel is around 39,782 pounds. Makarbi steel recorded 37,500 pounds, Beshay steel is priced at 38,000 pounds, and El Maqreyeen steel is 35,000 pounds per ton. Steel is a fundamental element in the construction and building sector, and its prices are influenced by several factors, including global iron ore prices, production costs, and exchange rate movements. The stability in prices helps support the national economy by creating jobs, enabling the implementation of major projects, and increasing demand for real estate. Forecasts indicate a continued relative stability, with a possibility of minor fluctuations depending on global market variations.
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