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Steel price hits 36,000 EGP per ton
Steel prices in Egypt remained stable today, Saturday, August 22, 2026, after reaching recent lows in recent months. The price of a ton of Ezz Steel steel was 39,850 Egyptian pounds, and the local market prices range between 33,800 and 39,850 pounds per ton, depending on the manufacturer. Prices vary based on the type of product and specifications, with an emphasis that these prices include Value Added Tax (VAT) at 14%. The decline in steel prices reflects market stability following a period of decrease, and this is expected to impact the costs of construction and building projects across the country.
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