1 Day
Source:
المصري اليوم
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Building materials prices on July 26 2026
Steel and cement prices in Egypt on Sunday, July 26, 2026, experienced relative stability after fluctuations in recent weeks. The average price of a ton of steel rose to approximately 38,470 Egyptian pounds, with limited quantities of Ezz Steel reaching up to 39,887 pounds. Meanwhile, the price of a ton of cement remained steady at around 3,986 pounds. This slight increase was partly due to the rise in the US dollar exchange rate and its impact on import costs for raw materials, as well as higher energy prices resulting from increased subsidies on petroleum derivatives. It is expected that market prices will remain volatile amidst ongoing anticipation of the dollar's exchange rate and global inflation, though there is a possibility of market stabilization if the local currency's exchange rate remains steady.
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